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!? . ."... £s.d. I Acknowledgment given for money deposited in any Banks- to be* accounted for Receipts for moneys paid, into „ Land, Building, and Invest- j nient Soeiuties. ■ ■ . Transfeu. excojjt by way of Mortgage, of any run or station held under lease or license, or promise ••■ • of lease or license, from the Crown, or 1 of any interest therein,- where the declared . v.ilue of the said run or statio- , or interest, or the value thereoi „ assessed as iv this Act provided, shall not exceed LI OO :.. 010 0 And wheiv- such value shall exceed LI OO, then for every LI OO, and any fractional part of LlOO 0 10 0 ' TiiANSi'Kit of any share or shares in the st^'clc and funds of any- corporation, company, or society . whatever in .Now Zealand, upon * sale thereof — Where the purchase, or consideration money therein expressed, shall not exceed L2O ...0 1 0 Exceeding L'JO, and not exceeding Lot) ... 0 2 6 Exceeding LoO, aud not exceeding LlOO ' ... 0 5 0 For every additional LoO. or fractional part of LSU ... 0 2 G SCHEDULE 11. Containing the Duties on Probates ok Wills, and Lkit ei:s of Administration. Pkobate of a Will, and letters of Administration with a Will annexed, where the effects, as sworn to by the Executor or Administrator, shall be — Under the valus of LlOO ...10 0 Above the value of LlOO, and under L2OO .... 2 0 0 Above the value of L2OO, and under L:i00 ... 3 0 0 Above the value of L3OO, aud under L4OO ... 4 0 0 Above the value of L 490, and under L3OO ..5 0 0 And above L5OO ... 1 per cent. Letters of Administration, without a Will annexed, where the effects, as sworn to by the Administrator, shall be — Under the value oE LI OO ... 1 10 0 Above the value of LlOO, and under L2OO ... 3 0 0 Above the value of L2OO, and under L:jOO ... 4 10 0 Above the value of L3OO. and under L4OO ... 6 0 0 Above the value of L4OO, and under L5OO ' ... 7 10 0 And above L5OO ... I A per cent. ■ SCHEDULE 111. Containing the .Duties on Legacies, and Succession' to Personal Estate, under any Testamentary Disposition, or vrosx Intestacy. Legacy duty to be charged on every legacy, specific or pecuniary, to the value of more than L2O, given by Will, out of personal estate, or charge/I on real property, or of money to arise from such sale or mortgage of real property. Also for the' clear residue decending to one or more persons after payment of debts, funeral expenses, and legacies above the value of L2O after passing of this Ait In like manner on the clear residue of money, arising from mortgage or sale of real property, after deducting debts, funeral expenses, and legacies as before, when the residue amounts, to above L2O. Legacy or residue decendiug to ' child or decendant of child of deceased, or to father, mother, or lineal ancestor of deceased, . pays one per cent duty Ll 'per cent, Legacy or residue devolving on brother or sister or their descendant pays three per cent duty ... LH per cent. To uncle or aunt, or their decent!ants, pays live per cent duty Lo per cent. To grand-uncle or to grand-aunt, or to theii* decendants, pays six per cent duty ... L(5 per cent. To tiny more distant, collateral relation, pays seven per cent duty ... L 7 percent. And when it devolves upon a stranger to the blood of the deceased, it pays ten per cent duty ... LlO per cent. And gifts of annuities, or other partial interests in such estates as aforesaid, are to be deemed legacies Legatee taking more than one legacy under the same will, together amounting to L2O, .pays duty, although neither legacy separately would have been liable to the duty. But legacies and residues of estates, or effects devolving on husband or wife of the de- : ceased, are exempt from legacy duty SCHEDULE IV, Duties or Successions to Heal, and Personal Estate— Where the successor shall be- the lineal issue or liueal ancestor of the predecessor, a duty upon the value of the succession at the rate of ... Ll per cent, Where the decendant shall be a brother or sister to a decendant of a brother or sister of the predecessor, a duty upon the value * of the succession of ... L 3 per cent. Where the successor shall be a brother or sister of the father or mother, or a decendant of a brother or sister of the father or mother of the predecessor, a duty upon the value of the succession of ... L 5 per cent. Where the successor shall be a brother or sister of the grand- . father or grandmother or a decendant of a brother or sister of the grandfather or grandmother of the predecessor, a duty upon ■I-. the value of the succession of ... L6per cent. Where the successor shall be in any other degree of collateral , consanguinity to, the predeces- , sor than is hereinbefore de- ; scribed, a duty upon the value \ of the succession of "■ ... L7 per cent. Where the successor shall be a strarg ;r in blood to the predecessor, a duty upon the value oi the succession of Llo '.per' cent. Exemptions from the foregoing duties :— All successions given to, or in trust for, or which shall devolve upon, or be acquired' by the husband or wife of the predecessor -.. /

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18670105.2.19.3

Bibliographic details

Grey River Argus, Issue 153, 5 January 1867, Page 3

Word Count
904

Page 3 Advertisements Column 3 Grey River Argus, Issue 153, 5 January 1867, Page 3

Page 3 Advertisements Column 3 Grey River Argus, Issue 153, 5 January 1867, Page 3

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