Page 4 Advertisements Column 1

Grey River Argus, Issue 154, 8 January 1867, Page 4

STAMP DUTIES ACT. The following is the new Stamp Dutiei Act passed in the General Assembly of Nev Zealand last session, and which came int< force on the Ist inst i — SCHEDULE I, Containing the Duties on Deeds ani otjikr Instruments relating to Trans* actions between llvixg persons., £ a. d Agreement or any minute or me-- '■''■■ morandum of any. agreement under hand only, where the matter thereof shall be of the value of. L2O •or upwards ; whether the same shall only be evidence of a contract or obliga* ' tory on the parties from its being a written instrument, together with every schedule receipt ov other matter put or endorsed thereon or. annexed thereto 0 1 C Providedalways,.thatwheredivers letters sjianbe offered in evidence to prove any agreement between the parties who shall havo written such letters, it shall bo suflicicnt if any of such letters shall be stamped with a duty of * two shillings and sixpence. , Bii^s of Exchange— Inlaud Bill of Exchange Draft or Order for the payment to the bearer or to order at any time otherwise than on demand of any sum of money not exceed* ingLso •■;■■•' „. 0 10 Ditto, not exceeding LIOO „,0 2 0 And where the sum shall exceed LIOO, then for every Liso, and also fop fractional part of LSO 0 10 Foreign Bill of Exchange drawn in but payable out of tho colony of Now Zealand — If drawn singly or otherwise than in a set of two or more (a) If drawn in sets of two, then for every bill of each set where tho sum payable shall not exceed LSO ... 0 0 C And where it shall exceed LSO and not exceed Ll oo „,0 1 0 A"d where the same shall exceed LIOO, then for every LoO or any fractional part of LSO 0 0 6 If drawn in sets of three or more for every bill of each act whero the sum payable thereby shall not exceed LSO , „, 0 0 4 And where it shall exceed LoO and not exceed LIOO „,0 0 8 And where, the same shall exceed 'LIOO, then for ; every LuO.and also any fractional part of LoO 0 0 4 Exemptions from the foregoing : , duties on bills of exchange, all ! debentures and treasury bills issued by the Government of New Zealand. All drafts or orders for the payment of any •, sum of money to the, bearer on . demand, drawn upon aiiy banker,, person, or company, aro exempt from the foregoing duties but are snbjecfc to the duty of ldcharged upon drafts ororders. Bill of Exchange drawn out of thp colony, hut endorsed or nego. b .., tiated within the colony, the V., t same duties as on a bill of ex.-= *\ change drawn within the colon}', . and payable within the colony 00 Promissory Note, for the payment in any other manner than to the bearer, on demand, of any suqi of money not exceeding L 25 0 0 G Exceeding L 25, not exceeding LSO 0 1 0 Promissory Note, for the payment either to the bearer, on demand, or in any other manner than to the bearer, on demand, of any sum of money exceeding LSO and not excceclmg LJOO \ lt 0 S 0 Where the sum shall exceed LIOO then for every LSO, and .fractional part of LSO '„,0 1 0 Exemptions from the foregoing duties on promissory notes, but not from any other duty to which the same may be liable. All promissory notes, for tho payment of money on demand, issued by any Baiik or Banking Company in New Zealand authorise';! to issue such notes, and making such returns, and paying such compositions as is in this Act respectively mentioned. AH bills, drafts, or ordeis, or pn i missory notes for the payment l • by any Bank or Banking Company of any sum of money, though not made payable to the bearer or to order; and whether delivered to the payco or not, and all writings or docu. • incuts entitling any person to the payment by any Bank or Banking Company of any sum of money, whether the person to whom payment is to be made shall bo named or desig-. natcd therein or not, or whether thcshall ! bo delivered to him oi> not, shall respectively bq deemed to bo bills, drafts, or orders for the payment of money chargeable with Stamp Duty, : as if^thc same had been, made payable to bearer or to order. Ejll of Lading, or receipt in lieu ' thereof from master, mate, oy agent of any;, vessel, for any goods, merchandise, or eflecta to be carried to any _>lace be* yond tho boundaries of the. colony— for every such bill of lading, or receipt, or copy there- » of ,„ Q 1 0 Conveyance— : Of any kin <l, or description .whatsoever, upon the sale of aiiy property in respect of the prim oipal or only writing, whereby the property sold shall be con. voyed to or vested in the pur. . chaser, ov any other person or persons by his direction (except transfers expressly provided for by this act) — Where the purchase or considcra? . tion money therein or 'thereupon ' expressed shall not exceed LQO 0 5 0 Andwhero tho same shall exceed LSO, aiid' not exceed LIOO ... 010 0 And where the same shall exceed LIOO, then for every LoO, and auy, f motional- part of LSO ...0 5 0 The consideration must be truly •expressed in words upon each l l^ ~ -.• .principal; deed of /Conveyance, and if value be given ?n stock or other security; its value must - in like manner be set forth in ■:-'fuii." ; « ,/, ;v "\. ; \;. : ■ ■;, ] - ;,/, ''Whcri f consideration is 'in GovcrnV ; < • - ment or other stock or deben- ; ': (l;'tures,, the duty is payable on . , ' ..the avcragesciliiig price _at. the. * ; time of the conveyance, ... • Property held under different ■ titles, sold.;* at- one entire price, (a) The same duty: as. on an/Inland Bill of the same amount and tenor. . . -„•.■ ( ' ; , {it) The same duty aa on an Inland Bill of the same amount .and tenor, ' ■ "' •■- ' : "