Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 159, 19 January 1867, Page 4

.STAMP DUTIES ACT. The following is the new Stamp Duties Act passed in the General Assembly of New Z.caland last session, and which came into force on the Ist inst : - SCHEDULE I PflN!j'AT^ 1N G the Duties on Deeds and pTiiER Instruments kelatinp to Tbans\ ACTIONS BETWEEN LIVING PERSONS.. Apbeement or any minute or me- j moranduin of any agreement j under hand only, where the matter therpof shall be of the, value of L2O or upwards { whether the samp phall' only he ' evidence of a cpntract pr pbligar tory on thp parties from itsbeiug a written i}istrument, together ■with every sphednle repeipt op Other matter put op endprsed thereon or annexed thereto 0 10 Provided always, that wherp diverp letters shallbp offered in evidence to prove any agreement between the parties whp shall have written such letters, it shall be sufficient if apy of such letters shall be stamped with a duty of Wo shillings and sixpenpe. Bills of Exchanpe — Inland Bill of Exchange Draft or Ordpp for the payment to the bearer or to order at any time otherwise than on demand fif any suni pf money not exceed-. ingL,pQ ... 0 } 0 Ditto, not exceeding LI OO ... Q ? (J And where the sum shall expped LIOO, then for every LpQ, and also for fractional part of LpO Q | Q Foreign Bill pf Exchange drawn in but payable out of tJiP colony of New Zealand — Jf drawn singly or otherwise than in a set of two or m°re (a) If drawn in sets of two, then forevery bill of each set where the. sum' payable shall not exceed LpO ' ... 0. 0 C And where it shall exceed LSO and not exceed LIOO . ... '0 1 0 And where the same shall exceed LIOO, then for eyery LfjO pr any fractional part ofLoO 0 Q (5 Jf drawn in sets of three or more for every bill of each set where the sum payable thereby shall not exceed LSO ... 0 Q 4 And where it shall exceed LSO and not exceed t,IOO . :: 0 OS And where the same shall expeed LI 00, then for every Jjso and also any fractional part pf L.50 Q Q £ Exemptions from the foregoing duties on bjlls.p,f exchange, all debentures and treasury hills issued by the Government of New Zealand. All draftg «r---orders fpr the payment of any sum of money %q the bearer on demand, drawn uppn any banker, person, or company, are exempt from the foregoing dntieg but are subject to t|ie duty of ldcharged uppn drafts or'orders, Bill of Exchange drawn out of the co|ony, but endorsed or ncgOr tiated withjn the cplony, the same duties as on a bill of ex-. cliangcdrawii M'itliin the colony, and payable within the colony . Promissory Npte, for the payment in any p^ier manner than to t]ie bearer, on demand, of any sum of money not exceeding L2jj 0 Q (5 Exceeding L 25, not exceeding LSO 0 | 0 Promissory Note, for t]ie payment cither to the bearer, on demand, or in any other manner than to the bearer, on demand, of any sum of money exceeding LSO and npt exceeding LIOO ... 0 $J 0 Where the sum shall exceed LIOO then for every LpO, and fracT tional part of LSO ... Q J 0 Exemptions from the fpregoiug duties on promissory not§s, but not from, any other duty tp, which thp same may be liablp. All promissory notes, for the. payment pf money on demand, issued by any Bank or Banking Company in New Zealand authorised to issue such notes, and making such returns, and paying such compositions as is in "this Act respectively meiu ' tioiicd. All bills, draft s » or ordeis, or pro* misspry notes for the payment by any Bank pr Banking Conir paiiy pf any sum °t money, though not made payable tq the bearer pr to prder, and whether delivered to the payee, pr not, and all writings or dociu ments entitling any person to the payment by ai':y Bank pr Banking Company of any sum of money, whether the person, to whom payment is to be made shall be named or desigt nated therein or not, or whether the shall be delivered to him or not, shaU respectively be deemed to be bills, drafts, orordersfor the payment of inpney chargeablp with Stamp Duty, as if th e same had been made payable to bearer or to order. Bjll or LApjxp, or receipt in lieu thereof from master, mate, or agent of any vessel, for any goods, merchandise, or effects to be ca"ied tp any place be* yond ibe boundaries pf t|ie colon y— f or every such bill pf lading, or receipt, pr copy thereof „.. Q 1 0 Conveyance — Of any kind or description whatsoever, upon the sale of any property in respect of the priiii pjpal or only writing, whereby the property sold shall be ppn? veyed to or vested in the pur; phaser, or any other person or persons by his dii eptipn (except transfers expressly provided for by this act)— Where the purchase or consider tion money therein or thereupon expressed shall not exceed LSO 0 5 Q And where the same shall exceed " LpO, and not exceed 1400 ... OJO 0 And where the same shall exceed L.I QO, then for every LSO, and any-i fractional part of LSO ... Q g Q Thp "consideration must be truly expressed in words upon each principal deed of conveyance, aii(l if value be giypn in stock or other security, its value must in like manner he set forth in. ful l -. When consideration is in Govern? ment or other stock or debenr tures, the. duty is payable on the average selling price at thp time of ihc conveyance . Property held under different '- titles," sold at one entire price, (a) The same duty as on an Inland BiU of the same aiiioiiut and tenor. (b) The same duty aa on an Inland Bj|l of $i§ sam? afliouut arid tenor.