Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image

£ s. d. Acknpwlcclginent given for money deppsited in apy Banks tp Ijp' accounted for Receipts for moneys paid into, Ltiiicl, Building, and luvestr ment Speieties. Tisansfeji, pxcept by way of Mortr • gage, pf any rmi oy station lick], iineler Ipase'or licensp, or promise pf lease pr lieensp, from the Crown., fir of .any interest tjierejii, where til" declare^ yalue of t}}e sajd nui pr station, or interest, or the value thereof assessed as in this Ae.t provided, slmll not exceed LIQQ- ... Q 10 0 And where such yalu.p shall cx s peed LIOO, then for every LIOQ, and any fractional part of LIOQ Q JO 0 Tj!AX,sfer of any share or shares in the st ck and funds pf any corpprati on » GPPrpftny, pr society ■whatever ;n is T ew Zealand, upon sale thereof — "Where tjiopurghase, or consideration money therein expressed, sliall not exceed L2O ... 9 } 0 Exceeding L2Q, and not exceeding LSO ... q 2 p Exceeding I^o, and not exceeding . L10(i ' ... Q 5 P Fpr every additional LSO. Pr frac? tjpfial part of JipO .., 0 2 (5 SCHEDULE 11. Cqntainixp the pyxiES px Pkppates-o^ Wills, and Letters ofAdministkatiox, fupBATE pf a Will, and letters qf Ad'ministratipn with a \Vill an? nexed, where \ho effects, as sworn to by the Executor qr Administrator, shall be^Under the value of LIQQ ... 1 0 0 Above the va}up pf LIOO, and under L2OO ' ... 2 0 0 Abpye the value of L2OO, and undpr L3OO " ... 3 0 0 Above the yalu.e of 1(300, and undpr L4OO ' " „! 4 0 0 Abuye the val\ie fif J4oo> and undpr LSOO '..500 And. above LQO.Q ... 1 per cent. JjETTeks op ApMTKjSTKA'rioK, without a Will annexed, wherp the effects, as swprn to by the Administrator, sjiall be— Under the A'alue pf LIOO ... 1 10 Q Abpye the value of LIOQ, and • under L2OO ... 3 Q Q Aboyn the vah^c of L2OO, and under L3OO ' ... 4 1Q 0 . Above the value of L3.QQ. and under L4OO ' ...GOO Above the value of L4QO, and under LSOO ' ... 7 10 0 And above LSOO ...I.^ percent. SCHEDULE m, CON'i'AiNiKf} the Duties on Legacies, and Succession to Peksonal Estate, u.ndeii any TESTAJiRNTAny Disposition, on uj?qn iNTKpTApV. Legacy duty tp be charged on every legacy, specific or pcciu niary, to the value of more than „ L2O, given by Will, out pi personal estate, or charged on real property, or of money tp arise from such sale or mortgage of real property, Alsp for tlie dear residue depending to one or more person^ after payment of debts, funeral ex- . pe.nßes, and legacies above the value of L2O after passing of this Act. In ljke manner p.n, the clear jiesid.ue fif money arising frn.]n mortgage or gale of real pppperty, "after deducting debts, funeral expenses, and legacies as before, when the residue amounts to above L2O. Legacy or residue decending to. child or decendant of child of deceased, or to father, mother, or lit.'eal ancestor of deceased, pays one per cent duty LJ per cent, Legacy pr residue devolving ou brothei* or sister or their de r j pendant pays three per ceiit duty . L 3 per cent. To uncle or aunt, pr their decendants, pays five per cent duty La per cent. grandrunele or to grand-aunt, or to their degejidants, 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 pup cent. And gifts of annuities, or other partial interests in such estates as aforesaid, are to be deemed legacies Legatee taking piore than one legacy under the same will, together amounting to L2O, pays duty, although neither legacy separately would have been liable to the duty. But legacies and residues ftf estates, or effects devolving on husband or wife of the deceased, are exempt from legacy duty SCHEDULE IV, PirrjES Qf Success jonp to Real and Pkr« sqnal Estate — Where the successor shall be the lineal issue or lineal ancestor of the predecessor, a duty upon the 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 pre- j$ depessor, a duty upon the value of the succession of ... L 3 per cent. . Where the supcessor shall be a brother or sister of the father or mother, or a decendant of a • brother or sister of the fathpr pr motjier of the predecessor, a duty upon the value of the sucr cession of ... Lg per cent. Where the successor shall be a brother or sister of the gran.il> father or grandmother, or a dpi pendant of a brother or sister qf the grandfather or grandmothpr p.f the predecessor, a duty upon t]ip value of the succession, pf ... L 6 per cent. Where the successor phall be in. • any other degree of collateral cpiisanguinity tp the predecegr spr than is hereinbefore de? scribed, a duty upon the val\\e of the succession of ... LJ per cent. Where the successor shall bo, a stranger in blood to the predecessor, a duty upon the value of tn° succession of LlO per cent. Exceptions frpm the foregoing duties : — All successions given to, or in trust for, or which shall devolve upon, or be acquired by the husband. Pr wife, pf the predecessor

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18670119.2.20.3

Bibliographic details

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

Word Count
905

Page 4 Advertisements Column 3 Grey River Argus, Volume III, Issue 159, 19 January 1867, Page 4

Page 4 Advertisements Column 3 Grey River Argus, Volume III, Issue 159, 19 January 1867, Page 4

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert