£ s. d" must be conveyed to buyer in separate parcels, so that a distinct juice may be expressed on each conveyance, to be charged with the ad, valorem duty. f- t Property contracted for by several '•'' persons jointly, or by one for . himself and others, or. wholly ' : for others at one entire price for ■ the whole, shall be convoyed In parcels by separate words containing statement of the share of purchase money paid foreach, so as to admit of the imposition of an cul valorem Stamp ' Duty. Where' separate parcels are conveyed to the use of diil'urent persons in one deed, ■siw.-h deed shall be charged in respect of the aggregate purchase money. In case of a sub-sale of property before' a' 'conveyance lias been made, the, conveyance shall then betothesub-purchaser, with the price stated in the principal deed. When the sub-sale is made to various individuals for different parts of the property, separate conveyances shall bo made to each with the consideration ex- • pressed on the principal deed. In cases of sub-sale, 'the sub-seller and purchaser deemed the seller and purchaser within the meaning of the Act. But in case of an actual conveyance of the interest of ..the person immediately selling to the subpurchaser, which si i all be chargeable with ad valorem, duty, any deed or conveyance made to subpurchaser afterwards by original seller shall be f ree of cut .valorem duty, and liable only to ordinary stamp as a dead. Where property bought of different persons is conveyed to the buyer by ,1 single deed, the ad vulumn duty on the deed is calculated on the aggregate of the various purchase moneys. Land sold subject to mortgage, or to any sum afterwards to bo paid, duty is payable on the value of. such mortgage, or subsequent payment. Exemptions from the. preceding Duties on conveyances — Any grant from the Crow a under the hand of the Governor for the time being of the Colony of New Zealand to any purchaser of Crown Lands in New Zealand. Any certificate of title granted under the hand of the Registrar G eneral, pursuant to ' ' The Land Registry Act, ISGO." Deed, or instrument of any kind ■ whatever, not otherwise charged in this Schedule ... 0 10 0 Exemptions from the. preceding duties on deeds or instruments not otherwise charged in this Schedule — Apprenticeship and Clerkship — All instruments relating to the services of apprentices, clerks, or servants. Mortgage— All bonds and mortgages, whether affecting real or personal estate, bill of sale byway of mortgage, and all transfers, agreements, releases, reconveyances, and discharges thereof. All preferable, liens under " The Wool and Oil Securities Act, 1858." All Customs bonds All administration boink All bonds on appointment of special bailiffs. Dr.Ai'T, or order, including cheques, or orders on bankers for the payment of any sum of money to a payee named, or to a bearer, or to order, either on demand or othorwise, nototherwisccharged 0 0 1 Lease, or agreement for a lease, or any written document for the 1 tenancy, or occupancy of any .lauds, tenements, or hereditaments, without any consideration by way of premium, the following duties in respect of the yearly rent — Where the yearly rent shall n(it exceed L5O . ...0 2 0 Where the same shall exceed L5O, and not exceed LIOO \ ...0 5 0 Above LlOO. for every fractional part of LuO ... 0 2 6 Lease, or agreement for a lease of any lands, tenements, or hereditaments, granted in consideration of a sum of money by way of premium; without rent or with an annual rent (c). Lease of any lands, tenements, or hereditaments, granted in consideration of a sum of money by way of premium, and also of a yearly rent amounting to L2O . and upwards (d). Exemptions from the preceding duties on leases — Leases granted by the Crown of any Waste Lauds under the provisions of any Waste Lands Act, or Gold Fields Act. Memorandum of transfer under "The Land llegistry Act, 1860" (4' Policy of Insurance, or other instrument whereby any insurance shall be made upon any ship or vessel, or upon any goods, merchandise, or other property on board of any ship or vessel, or upon, the freight thereof, covered by a Time Policy for any period not exceeding three months ... 0 2 6 And for all otlier Marine Policies, for every sum of LlOO, and for every fractional part of L 100... 0 1 0 Promissory Notes, payable to the bearer on demand, issued by any Bank or Banking Company, at the rate of, for every LlOO, of * the average annual amount in circulation, as certified under the "Banker's Returns Act, 1858" ... 2 0 0 Receipt, or discharge given for or on payment of any sum of money of the amount of L 5 or upwards ... 0 0 1 Exemptions from the preceding duties on receipts — Receipts given for or upon the payment of money to or for the use Of, or by or on behalf of her Majesty. Receipts endorsed upon any in- ■ strument duly stamped under this Act, ' acknowledging the receipt of the consideration' money therein expressed.
(c) The ad valorem duties payable .upon a conveyance calculated on the consideration hy way of premium expressed therein. : (d) Both the ad valorem duties payable upon a conveyance according to the consideration therein expressed, and a lease in consideration of a rent of the same amount. (f.) The same duty as for a conveyance for the sale of lands for a like sum the consideration of such transfer.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GRA18670105.2.19.2
Bibliographic details
Grey River Argus, Issue 153, 5 January 1867, Page 3
Word Count
922Page 3 Advertisements Column 2 Grey River Argus, Issue 153, 5 January 1867, Page 3
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.