Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 166, 5 February 1867, Page 4

STAMP DUTIES ACT. The following is tho new Stamp Puiies Act passcel in the General Assembly of N^v Zealand last session, and which can.ic into force on the Ist inst : - SCHEDULE I, „ Containing -thk Duties ox Deeps'and OTIIEU iNKTUUMBiVrS DELATING TO.TkA.NSactions between Living Pkksons., £ s. d Agkee-Mext or any minute or mc» .inorandum of any agreement iindcr hand only, where the matter thereof s-hall be of tho value of L2O or upwards ; whether the same, shall only be evidence of a contract or obliga* tory on the parties from its being a written instrument, together with every schedule receipt or other matter put or eud'pvseil thereon or annexed fJiercto/ 0 J. Q Provided alwavsj that where diycr'p letters shall »c offered in evidence to prove any agreement between the [."'parties who shall bnye written suc]i letters^ it shall be sufficient if any- of such letters bhall be stamped with a duty of two shillings ami sixpence. Bir-LS OF EXCI!ANGE-T-Inlatd Bill" of Exchange Draft or Order for the payment to tlie . bearer or to order at any time otherwise than on elcniand of any sum of money not exceceliiigLoO ' ... 0 1 0 Ditto, not exceeding LIOO „. 0 2 0 And where the siini shall exceed LIOO, then for every LSO, and also for fractional part of LSO 0 10 Foreign B;I1 pf Exchange cirawn in but payable nut of the colony of New Zealand— - If drawn singly or otherwise than in a sot of two or more (a) If drawn in ects of two, then for every bill of each set where the sum payable shall not exceed LSO " . .... 0' 0 G And where it shall exceed LSO and not exceed LJOO ...0 1 0 And where the same shall exceed LIOO, then for every LoO or «uiy fractional part of LSO 0 0 0 If drawn in sets of three or more for every bill of each set where . the sum payable thereby ghall not exceed LSO „.0 0 4 And where it shall -exceed LSO and nr-t exceed LIOO ' ... 0 .0 S Anil where the same shall exceed LIOO, then for every LSO and also aiiy fractional part ,of LoO 0 0 4 Exemptions from the foregoing duties' on bills of exchange, all -debentures' and treasury bills issued by the Government of New Zealand. All drafts or orders for the payment of any sum of money to the bearer on demand, drawn upon any banker, person, or company, are juxcniptfivnitluforcgoingdutics but arc subject to the duty of ldchargcd upon drafts 6r|orders. Bill of Exchange drawn out of the " colony, but endorsed or nego* . tiatcd within the colony, the same duties as on a bill of cxchangcdrawii within the colony, and payable within the colony (b) Promissory Note, for thp payment in any other manner than to the ' bearer, on demand, of any sum of money not exceeding L 25 0 0 0 Exceeding L 25, not exceeding LoO 0 10 Promissory Note, for the payment either to the bearer, on demand, or jn any other manner thmi to the bearer, on demand, of any sum of money exceeding LoO and not exceeding LIOO ... 0 2 0 Where the sum shall exceed LIOO then for every LSO, ajjd fractional part of LSO „-0 J 0 Exemptipns from the foregoing duties on promissory notes, but ..< not from any other duty to 1 -which the same may be liable. . All promissory notes, for the. pnyment of money on demand," issued by any Bank or Banking Company in New Zealand authorise:! tp issue such notes, and making such returns, and paying such compositions 'as is in this Act respectively men? ' ti()l:C(l. All bills, drafts, or ordeis, or promipspry notes for the payment by any Bank or Banking Corns j-ajiy of any sum of monesy though r.ot made payable to the bearer or to order, and whether delivered to the payee or npt, and all writings or dcciir ' uicuts entitling {my perspn to the payment by any Bank or Banking Company pf any sum of money, whether the person to whom payment is to be made shall be named pr. designated tjierein or not, pr whether the shall be. delivered to him or-, not, shall respectively be deemed to be bills, drafts, or oi'dcrsfor the .payment of money chargeable Stamp-Duty, v as if the sagie^ict bpen made pay al ile tQfli&irer or to 'order. Eill OF Lajling, or receij)t in lieu ' thereof from master, mate, ov jige'ut of any vesM, for any /* goods, merchandise,' or effects f?'*""- to Ub carried to any. place -be: '-. _.*.- yond the boundaries pf tho r' ■■■ colony-— for .. every such bill of lading, or receipt, or eppy there- '"■■.... of „. 0 1 0 Conveyance — • . Of .any Yml. or despription wha^ soever, upon the sale of any property in respect of the priiir cii)al or only writing, whereby the property sold shall be cdut Yeyed tp or vested in the pur- . chaser, or any .other person or persons by his dii ectjpn (except transfers expressly provided for by. this act)^Where the purchase or. considerar ■ tion inouey tlierein or thereupon expressed shall not exceed LoO 0 5 0 And where the same shall exceed LoO, and not exceed LIOO ... QlO 0 And where tlie same shall exceed LIOO, t]ien for every LSO, and any fractional part of LSQ ... 0 5 0 The consideration must be truly expressed in words upon eaeji principal deed of ppnveyance, and if value be given '"n stock pr other security, its value must in like manner be set forth in full. "\Vlicp corsidciatipn is in Govei-p* incut or pther stock or dcben= tnres, the duty is payable pn the average felling price at;the tiuiP vi <he cc-nvcjance. ■ Prf.ptity held ui.der elifferci-t V titles, sold at die c nth c\ rice, \ ((/.) The sp.iuc duty as on an Inland Bill of " \e same amount find tencr. y>) The frame duty ao on an Inland Pill of \aiuc amount and tenor,