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£ s. d must be conveyed to buyer in. separate parcels, sq^hat a disr • s tinct price may be expressed on v each conveyance, to be charged with the ad valorem duty. 3 Property contracted for by severa.l persons .jointly, or by one for himself and others, or wholly for others at one entire price for } the whole, shall be conveyed in parcels by separate words con. tainingstatcmeut of the eharo of purchase money paid foreach, so as to admit of the imposition j of an ad valoi-cm Stamp Duty. . J Where separate parcels are con. ■ veyed to the use of different per-, sons in one deed, such deed shall be charged in respect of tho . aggregate purchase money. In case of a subtle of property before a conveyance has, been made, the conveyance shall then betotbesub-purchaser, with tho price stated in the principal deed, When the sub-sale is made to various individuals for different parts of the property, sepafato conveyances shall be made to each with the consideration expressed on the principal deed. In cases of sub-sale, the sub-seller and purchaser deemed the seller and purchaser within the mean* ing of the Act, But in case of an actual convey, ante of the interest of the person immediately selling to the sub. purchaser, whichshallbecharge. able with ad valorem duty, any deed or conveyance made to sub. purchaser afterwards by original seller shall be free of ad valorem duty, and liable only to ordinary stamp as a deed, Where property bought of different persons is poji veyed to tho buyer by a single deed, the ad vuloreni duty on the deed is cal. culated on the aggregate of the various purchase moneys. Land sold subject to mortgage, orto any sum afterwards to be paid, duty is payable on the value of such mortgage or subsequent . payment. Exemptions from tho preceding Duties on conveyances— Any grant from the Crown iinricv 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 General, puriniant to ' ' The Land Registry Act,. JSCO." Deed, or instruiuent of any kind whatever, not otherwise charged in this Schedule ... 0 1 0 Exemptions from the preceding duties on; deeds or instruments ■ . not otherwise charged in this : Schedule— . ; . : Apprenticeship and Clerkship--AH instruments relating to tho services of apprentices, clerks, or servants. • ■ Mortgage— All bonds and mortr gages, whether affecting real or personal estate, bill of sale by way of mortgage, and a]l trans* ; fere, agreements, releases, re-, conveyances, and discharges thereof, AH preferable liens under " The 1 WQ"I and OiL Securities Act, ISSS." All Customs bonds AH administration bonds ' All bonds on appointment of special bailiffs. Draft, or order, includin_ cheques, or orders on bajikers for the pay* ment of any sum of money to a payee named, or to a bearer, or to order, either on demand or . otherwise, -not otherwise charged 0 0 1 Leahe, or agreement for a lease, or any written document for the tenancy, or occupancy of any lands, tenements, or heredita* juents, without any consideration by way of premium, the following duties in respect of the yearly rent — Where the yearly rent shall not exceed LoO ... 0 2 G Where the same.shall exceed LSO, 8 and not exceed LFOO ... 0 5 0 Above LIOO. for every fractional i part of LSO .„ 0 2 G Leabk, or agreement for a" lease of any lands, tenements, or hereditaments, granted in consider.^ tion of a sum of money by way of premium, without rout or with an annual rent (c). Lease of any lands, tenements, or hereditaments, -granted m consideration of a sum of money by way of premium, and aleo of a yearly rent to L2O and upwards (d). Exemptions from tho preceding duties on leases — Leases granted by the Crown of any Waste Landa under the provisions of any Wasto Lauds Act, or Gold Fields Act Memorandum of transfer- under "The Land Registry Act, ISM" (c). Policy of 'Insurance, or other instrument whereby any insurance shair bo -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, covorcd 'by a Time Policy for any period not exceeding three months ... 0 2 G Au-l for all otlier Marino Policies, for every sum of LIOO, and for every fractional part of L 100... 0 10 Promissory Notes, payable to the bearer oil demand, issued by any Bank or Banking Company, at the rate of, for every .LIOO, of .. the average annual amount in circulation, as certified under the "Banker's Returns Act, ISSS" ... 2 Q Q 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 dnties on receipts — Receipts given for or upon tho payment of money to or for tho use of, or by or on behalf of her Majesty. Receipts euuorscd upon any in* strument duly stamped under this Act,' ' acknowledging tho receipt of the consideration money therein expressed. I „( c). The ad valorem duties payable upon a .'conveyance calculated on the consideration by way of •proiiium 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. (c) The. same duty as for a conveyance for the sale of lands for a like siuh tlie consideration of such transfer,

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https://paperspast.natlib.govt.nz/newspapers/GRA18670108.2.17.2

Bibliographic details

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

Word Count
932

Page 4 Advertisements Column 2 Grey River Argus, Issue 154, 8 January 1867, Page 4

Page 4 Advertisements Column 2 Grey River Argus, Issue 154, 8 January 1867, Page 4

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