Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 157, 15 January 1867, Page 4

STAMP DUTIES ACT. The following is the new Stamp Puties Act passed in the General Assembly pf New JSealand last session, anjl \yhjch came jn^q force pi) th e l§t inst : — SCHEDULE L CONTAISJINf} TH^ DUTIES ON DB.ED? ANp OTHER iNSTRyjIEN'fS RELATING. TO TRANSACTIONS setwe^ij JyiyiNG Persons., £ s, 4 Agreement or any minute pr me: morandum of any agreement under hand only, wjiere the matter thereof shall be of the value of L2O or upwards j whether the same phajl only be evidence of a contract pr obligatory on the parties fr pm its being a written instrument, together with every schedule receipt or other matter put or endorsed thereon or annexed thereto 0 10 Prpvidedalways, thatwhere divers letters shallbp pffered in evidence to prove any agreement between the parties who shall have written such letters, it shall be sufficiept if any of such letters shalj be stamped with a duty of twp shillings and sixpence. IJills.pf Exchange — Inlaiid 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 exceeding UO ' ... fi J 0 Ditto, npt exceeding LIOO ... 0 2 0 And where the sum shall expeed LIOO, theji for every LoO, and alsp for fractional part of L 5() p 1 Q Foreign Bill pf Exphange drawn in but; payable put pf the colony of New Zealand^If drawn sjngly or otherwise thaj) in a set of two or mpre (a) If drawn in sets of twp, then fpr. every bill of each ses where the sum payable shall not exceed LSO ■ !M Q 0 P And wliere it shalj expeed LoO and not exceed Lipt) ... 0 1 0 And where the same s^all exceed LlpP, then fpr every LSO or any fractional j>art pf Lsp Q Q G P drawn in sets pf tliree pr mprp for every bill of each set where $he sum payable thereby shall apt exceed LSO ... Q Q 4 And where.it shall exceed LSO and not exceed LIOO ... Q 0 S And where the same shall exceed LIOQ, tnpn for every J^oO and also, any fraptional part pf LSO Q Q 4 Exemptions from the fpregoing dnties on bills p,f exchange, 'alj debentures and treasury bills jssued by the CJovernment of New Zealand. All drafts or-' prflers fpr the pivyment of any sum of money to jibe bearer ojj demand, drawn upon any banker, perspn, or company, are exemptfrpm the foregoing duties, but are subject to the duty of ldcharged pippn drafts or'orders, Bill of Exphange draw" PU.t of thg colony, but endorsed, or nego T tiatptJ withjn the colony, the same dutjes as on a bill of ex-: change drawn wjthin the colony, and payable wifcjijn the colony (b) . Promissory Npte, fpr the payment j in any pther manner than'tp tiie bearer, on demand, of any sum of money npt exceeding L 25 0 (1 0 Exceeding L 25, not exceeding LSO 0 10 Promissory Note, for tjie payment either to the bearer, on demand, or in any pther manner than tP the bearer, on demand, of any -sum of money exceeding LSO anil not exceeding LIOO ... Q 2 0 Where "jihe sum shall exceed J4 00 then for eyery Jj5P, and frap : tional part pf Ls(j ' ... Q \ Q Exemptions frpm t]]e fpregoing • duties on prpmisspry notes, but not frpm any pther duty tp, whicji the same may be Hablp. ' AH prpmjsspry nptes, for the payment of mpney pn demand, istued by any J3ank or Banking ppmpany fti New Ze^laml authorised tp issue such notes, and making suph returns, and paying such cpmppsitions as is in this Act respectively men? ' tipiieil. All bills, draffs, pr prdeis, or pro T missory notes foi tjie payment by any $auk or Banking Company of any sum of money, though not made payable tp the bearer pr to order, and. whether delivered to the payep pr not, and all writing? or docu: pients entitjing any person tp the payment by any Bank orBanking Company pf any sum. pf money, whether thp person to whom payment is to be made shall be nampd pr desigt nated therein pr npt, or whether the shajl bo delivered to him pr not, shall respectively bp deemed to be bills, drafts, or prdersfor the payment of money chargeable witfi Stauip Duty, as if tUe same had been made payable to bearer or to order. Bjll of Labino, or receipt in lieu, thereof from master, mate, or agent pf imy Y e ?? e l» fw an y goods, merchandise, pr pfTecfs to be carried tp any place bo : yond the Jjpundancs pf t]ie (.-plojiyr— fpr every s^ieji pill pf lading, prrecpjpt/or eppy tjiercCpNVEVANCE— Of any kin.«! or dcspriptjpfl whatsoever, upon the sa}e of any property in respept of the p'riri: cipal or only wilting, wlicrcby the jjroperty sold sjiall be conveyed to or vested in the purt \ chaser, pr any otjicr person or I perspns by his diicction (except transfers expressly provided fpr by tliis apt)- 1 - • Where the purchase or epnsiderat tion nipnpy therein or thereupon expressed sljall not exceed LSO 0 5 0 And where thp sainc shall exceed ' LSO, and n.pt exceed LI OO ... 0 JO 0 And where the san>e shall exceed LIOO, then fpr cyery LHO, and any fractional part of LSO ... 0 5. 0 The 'consideration must be truly expressed in wpnls uppn each principal deed of conveyance, and if value be given in stock pr pthpr security, its value must jn like manner \>c set forth in. full. ' ■ .... When cpnti(ler<iiipy is in Govern; ment pr other stpek or deben/ turep, tjie duty is payable pn • the average felling price? at thp time of the conveyancp;»a> Property held imdev different; titles,' sold at pne entire price.

'(tt). The, same duty as on an Inland Bill of same amount and tenor. - (fi):.The same duty as on an Ililanvl Bill of t,hg gpra»e amount, 'anfl t? u or :