£ s. d. must be conveyed to buyer in separate parcels, so that a dis--5 tinct price may be expressed on each conveyance, to be charged with the ad valorem duty. > 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 conveyed in parcels by separate words containing statement of the share of purchase nionej' paid for each, so as to admit of the imposition • of an ad valorem Stamp Duty, J Where separate parcels are conveyed to the xise of different persons in one deed, such deed shall be charged in respect of the aggregate purchase money. In case of a sub-sale of property before a conveyance has 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 be 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 shall be charge, able with ad valorem duty, any deed or conveyance made to subpurchaser 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 conveyed to the buyer by a single deeil, the ad vulorcm 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 be paid, duty is payable on the value of such mortgage or subsequent payment. Exemptions from tlu*. preceding Duties on conveyances — Any grant from the Crown 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 General, pursuant to "The Land Registry Act, I860." Deed, or instrument 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 ClerkshipAll instruments relating to the services of apprentices, clerks, or servant?. Mortgage — All bonds and mort. gages, whether affecting real or personal estate, bill of -sale by way of mortgage, and all transfers, agreements, releases, reconveyances, and discharges thereof, All preferable liens under " Tho Wool and Oil Securities Act, ISSS." A ll Customs bonds All administration bonds All bonds on appointment of special bailiffs. Draft, or order, includm? cheques, or orders on bankers 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, nototherwisecharged 0 0 1 Lea.sk, or agreement for a lease, or any written document for the tenancy, or occupancy of any lamls, tenements, or hereditaments, •without any consideration by way of premium, the following duties in respect of the yearly rentWhere the yearly rent shall not exceed LSO ... 0 2 6 Where the same shall exceed LSO, and not exceed LI OO ...0 5 0 Above LI OO. for every fractional 1 part of LSO ... 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 (1). 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 Lands under the provisions of any Waste Lands Act, or Gold Fields Act. Memorandum of transfer under "The Land Registry Act, 1S150" (c). Policy of Insup.ance, or other instrument whereby any insurance shall be made upon any ship or vessel, or upon any goods, merchandise, or other property ou 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 G And for all other Marine Policies, for every sum of LIOO, and for every fractional part of LIOO ... 0 10 Promissory Notes, payable to the bearer on demand, issued by any Bank or Banking Company, at the rate of, for every LIOO, of the average annual amount in circulation, as certified undir the "Banker's Returns Act, ISSS" ... 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 lor 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 by way of premium expressed therein. (d) Both the ad valorem duties payable upon a conveyance according to tho consideration therein expressed, and a lease in consulcration of a rent of the same amount. (f)'JTlic same duty as for a conveyance for the fcilo <>f J:lll(ls lor ».Hko sum the consideration of such transfer.
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https://paperspast.natlib.govt.nz/newspapers/GRA18670112.2.16.2
Bibliographic details
Grey River Argus, Volume III, Issue 156, 12 January 1867, Page 4
Word Count
919Page 4 Advertisements Column 2 Grey River Argus, Volume III, Issue 156, 12 January 1867, Page 4
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