£ s. d. Acknowledgment given for money deposited in any Banks to be accounted for Receipts for moneys paid into Land, Building, and Investment Societies. Transfer, except by way of Mort' gage, of any run or station held under lease or license, or promiso of lease or license, from the Crown, or of any interest therein, where the declared value of the said run or station, or interest, or the value thereof assessed as in this Act provided, , shall not exceed LIOO ...0 10 0 And where such value shall exceed LIOO, then for every LI 00, and any fractional part of LIOO 0 10 0 TitAXSFER of any share or shares in the stock and funds of any corporation, company, or society whatever in New Zealand, upon sale thereof — Where the purchase, or consideration money therein expressed, shall not exceed L2O ...0 1 0 Exceeding L2O, and not exceeding LSO ... 0 2 6 Exceeding 1/50, and not exceeding LIOO ... 0 5 0. For every additional LoO, or fractional part of LoO ... 0 2 0 SCHEDULE 11. Containing the Duties on Probates of Wills, and Letters of Administration. Probate of a Will, and letters of Administration with a Will annexed, where the effects, as sworn to by the Executor or Administrator, shall beUnder the value of LIOO ...1 0 0 Above the value of LIOO, and under L2OO ... 2 0 0 Above the value of L2OO, and under L3OO ... 3 0 0 Above the value of L3OO, and under L4OO ... 4 0 0 Above the value of L4OO, and under LoOO ..5 0 0 And above LoOO ... 1 per cent. Letters of Administration, without a Will annexed, where the effects, as sworn to by the Administrator, shall be — Under the value of LIOO ... 1 10 0 Above the value of LIOO, and under L2OO ... 3 0 0 Abovo the value of L2OO, and under L3OO ... 4 10 0 Above the value of L3OO. and under L4OO ' ... GOO Above the value of L4OO, and under LSOO ... 7 10 0 And above LSOO ... 1 £ per cent. SCHEDULE 111. Containing the Duties on Legacies, and Succession to Personal Estate, under any Testamentary Disposition, or upon 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 charged 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 Act. 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 tho residue amounts to above L2O. Legacy or residue decending to child or decendant of. child of deceased, or to father, mother, or lineal ancestor of deceased, pays one per cent duty LI per cent, Legacy or residue devolving on brother or sister or their deicjndant pays three per cent duty . L 3 per cent. To uncle or aunt, or their decendants, pays five per cent duty L 5 per cent. To grand-uncle or to grand-aunt, or to their decendants, pays six per cent duty ... LG per cent. To any more distant, collateral relation, pays seven per cent duty ... L 7 per cent. 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 Xmrtial interests in such estates as aforesaid, aro to be deemed legacies Legatee taking more than one legacy under the same will, together amounting to L2O, pjiys duty, although neither legacy separately would have been liable to the duty. But legacies and residues of cs« tates, or effects devolving on husband or wife of the deceased, arc exempt from legacy duty SCHEDULE IV, Duties of Successions to Real and. Personal Estate— ■Where, the successor shall be the lineal issue or lineal ancestor of the' predecessor, a duty upon tho value of the succession at the rate of ... LI 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 sisler 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 grandfather or grandmother or a decendant of a brother or sister of tho grandfather or grandmother of the predecessor, a duty upon the value of the succession of l ... LG per cent. Where the successor shall be in any other degree of collateral consanguinity to the predecessor than is hereinbefore described, a duty upon the value of the succession of ... L 7 per cent. Where the successor shall be a stranger in blood to the predecessor, a duty upon the value of the succession of LI O per cent. Exemptions from the foregoing duties :— All successions given to, or iii'itrust for, or which shall devolve upon, or be acquired by the husband or wife of the predecessor .. •.• ''
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Bibliographic details
Grey River Argus, Volume III, Issue 155, 10 January 1867, Page 4
Word Count
896Page 4 Advertisements Column 3 Grey River Argus, Volume III, Issue 155, 10 January 1867, Page 4
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