£ s, d. roust be conveyed to buyer in separate parcels, so that a dis. tin.ct 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 money paid foreach, so as to admit.of the imposition i of an ad valorem Stamp Duty, ) Where separate parcels are convey ed to the use 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 be to the sub-purchaser, with the price statedin 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 expressed on the principal deed. In cases of sub-sale, the sub-seller and purchaser deemed the seller and purchaser within the mean- ■■*... ing of the Act, But in case of an actual conveyance of the interest of the person immediately selling to the subpurchaser, which shall be 'chargeable with ad valorem duty, any deed or conveyance made to sub- j purchaser afterwards by original seller shall be free of ad valorem duty, aud liable only to ordinary stamp as a deed, Where. property' 'bought of different persons is conveyed to tho buyer by a single dcccl, Hhe ad vufurevi duty on the deed is calculated on the aggregate of the various purchase moneys. Land sold subject to mortgage, or to any sum afterwardstobepaid, duty is payable on the value of such mortgage or subsequent payment. Exemptions from the preceding Duties on conveyances— Any grant from the Crown under the band 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 thiß Schedule ' ... 0 1 0 Exemptions from the preceding duties on deeds or .instruments not otherwise charged in this Schedule— " Apprenticeship and Clerkship — AH instruments relating to the services of apprentices,' clerks, or servants. Mortgage — All bonds and mortgages, whether affecting real or personal estate, bill of sale by way of mortgage j and all transfers, agreements, releases, re- . conveyances, aiid discharges thereof. \\ AH preferable liens under " The Wool awl Oil Securities Act, ISSS." All Cnstoniß bonds All administration bonds AU bonds on appointment of special bailiffs, Dkaft, or order, including cheques, or orders on bankers for the pay. nient of any sum of money to a payee named,-* or to a bearer, or to order, either pu demand ov otherwise, not otherwise charged 0 0 1 Lease, or agreement for a lease, or jvny written document for the tenancy, or occupancy of any laads, tenements, or heredita. nients, without any consideration by way of premium, the , following duties in respect of the yearly rent — Where the yearly rent shall not exceed LSO ... 0 2 6 Where the same shall exceed LSO, and not exceed LIOO ... Q 5 0 Above LIOO. for every fractional part of LaQ ... 0 2 G 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 ail annual rent (c). Lease of any lands, tenements, or , hereditaments, granted in con-, federation of a sum of money by Avay 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 Lauds under the proVision's of 'any Waste Lands Act, or Gold Fields Act. Memokanduji of transfer under "The Land '"'Registry Act, lSu l o"Yej.4. ■■■;•■;' Policy of Insuh.ance, or other instrument whereby any insurance shall be -.made, upon any shij> or vessel, or upon any goods, merchandise, or other property on 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 6 And for all other Marine Policies, for every sum of LIOO, and for every fractional part of L 10 0... 0 1 0 Pkojiissoby Notes, payable to the bearer on demand, issued by any Bank or Banking Company, at the rate of, for every Lloo,' of - the average annual amount in • circulation, as certified undtr • the*" Banker's llcturns Act, I 1S58" ■;.■'. ... 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 oii receipts— "Receipts given for or upon the payment of money to or for the tise of, or by or on behalf of her Majesty. ■ Receipts endorsed upon any instrument' 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. ((/) Both the ad valorem duties payable upon a conveyance according to the consideration therein expressed, and a lease in consideration of a rent of the same amount. : (c) The same duty as for a conveyance for the sale of lands for a liko sum the con-, adoration of such transfer. ~Y
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Bibliographic details
Grey River Argus, Volume III, Issue 164, 31 January 1867, Page 4
Word Count
928Page 4 Advertisements Column 2 Grey River Argus, Volume III, Issue 164, 31 January 1867, Page 4
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