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■*. £ s. d.. Acknowledgment given for money deposited in any Banks to be accounted for , Receipts for moneys paid into Land, Building, aim Investment Societies. Transfer, except by way of Mortgage, of any ran or station held under lease or license, or promise of lease or license, from tlie Crown, or of any interest therein, where the declared value of the said run or station, or interest, or the valne thereof assessed as in this Act pro vided, i shall not exceed LIOO - 0 10 0 And where such value shall exceed LIOO, then for every LIOO, and any fractional part of LIOO 0 10 0 Transfer of any share or shares in the st' ck and funds of any corporation, company, or society whatever in Now Zealan cl, upon sale thereof — . Where the purchase, or consideration money therein expressed, shall not exceed L2O ... 0 1 0 Exceeding L2O, and not exceeding LSO ... 0 2 6 Exceeding LSO. and not exceeding LIOO ' ...0 5 0 For every additional LSO, or fractional part of LaO ... 0 2 6 SCHEDULE 11. Containing thk Dutiks on, Pkobates of Wills, and Letteks of Administration. Pkobate of a Will, and letters of Administration with a Will anr nexed, -where the effects, as sworn to by the Executor or Administrator, shall be — . Under the value of LIOO ... 1 0 0 . Above the value of LIOO, and under L2OO , ..■, 2 0 0 Abovo the value of L2OO, and under L3OO- ...3 0 0 Above the value of L3OO, aud under L4OO ... 4 0 0 Above the value of L4OO, ami \UiderLsoo ..500 And above LSOO ... 1 per cent. Letteksof Adjiinistj.'ation, without a Will annexed, where the effect's, as sworn to by the Administrator, shall be — Under the value of LIOO ... 1 10 0 Above the value of LIOO, and under L2OO ...3 0 0 Above the value of L2OO, and ; under L3OO ... 4 10 0 Above the value of L3OO. and under L4QO ' ...GOO Above the valne of L4QO, and under LSOO ... 7 10 0 And above LSOO ...li i percent. SCHEDULE 111. Containing thk Duties ox Legacies, and SVCUESSION TO PkKSONAL E.STATE, UNDER any Testamkntaky Disposition, ok upon Intestacy. Legacy duty to be charged on every legacy, specific or, pecuniary, to the value of more than L2O, given by Will, out of personal estate, or charged on real property, or of money to arise from such sale or mortgage of real property. Also for the clear residue dccemling to one or more persons after payment of debts, fnncral expenses, and legacies .above the value of L2O after passing of this Act. In like manner on the clear residue of money arising from mortgage or sale of rear property, after deducting debts, funeral expenses, and legacies > as before, when the residue . amounts to above L'2o. Legacy or residue decending to child or decendant of child of deceased, or to father, mother, or lineal ancestor of deceased, pays one per cent duty LI per cent. Legacy or residue devolving on brother or sister or their deEQDiidant pays three per cent duty . . L 3 per cent. To uncle or aunt, or their decendaiits, pays five per cent duty L 5 per cent. To grand-uncle or to grand-aunt, or to theiv decendants, pays six per cent duty . ... L(l 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* pei*" cent duty . ■•■ LlO per ceiit. And gifts of annuities, or other partial interests in such estates as aforesaid,, are to be deemed legacies Legatee taking more than one legacy under the same will, together amounting to L2O, -pays duty, although neither legacy separately would have bctu liable to the duty. • But legacies and residues of es« tates, or effects .devolving on husband or wife of the deceased, are exempt from legacy duty :■■■.-,■ SCHEDULE IV, Duties of Successions to llkai/ and* Personal Estate — Where the successor shall be the lineal issue or lineal ancestor of the predecessor, a duty ii|ionthe value of the succession at' the rate of - ... LI per cent, Where the decendant shall be a • brother oivsister to a decendant of a brother or sister of the predecessor, a duty ijpoii the value of the succession of"! ... L 3 per cent. Where the successor shall be a • ' brother or sister of the father or. mother, or a decendant of a brother or sisrer of the' father or mother' of the predecessor, a duty upon the value of the succession of ... *L 5 per cent. Where the successor shall be a brother or sister of the grandfather or grandmother or a decendaiit of ji brother or sister of the grandfather or grandmother of the' predecessor, a/duty- upon the value of the succession . . of . . ... L 0 per cent. Where the successor shall be in any other degree of collateral consanguinity to the predecessor than is hereinbefore. Aescribed, a duty upon the. value - of the succession of ... L 7 per cent. Where the successor, shall be a stranger in blood to the predecessor, a. -duty up«h the value of the succession of . .. LlO per cent. Exemptions from the foregoing duties: — All successions given to, or in trust for, or 'which shall devolve upon, or be ac- ■ . ; . quired by the husband or wife of the predecessor

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18670131.2.14.3

Bibliographic details

Grey River Argus, Volume III, Issue 164, 31 January 1867, Page 4

Word Count
894

Page 4 Advertisements Column 3 Grey River Argus, Volume III, Issue 164, 31 January 1867, Page 4

Page 4 Advertisements Column 3 Grey River Argus, Volume III, Issue 164, 31 January 1867, Page 4

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