.■■■•..■':• . -. £ s, d.' must be conveyed to buyer in '. separate parcelg, so that a dis. --.•;" tinct price may be expressed on ' each con veyane^, to bb c?hargcd " with the a 4 valor tm d uty. Property 1 contracted for by several _ persons jointly, or ) } y ohp for himself and othurs, or wholly for others at ope entire price for ' the whole, shall be conveyed iv parcels by separate words con.- . taining statement of the shara of purchase money paid for each, so as to admjt of the imposition i .ofan ad valorem Stamp Duty. J Where separate parcels' arc ( con> veyed to the use of different' per* sons in one deed, such deed shall be charged in respect of t.he aggregate purchase moiiey, Ju case of Ji. subrsale of property before a conveyance lias been made, the conveyance shall then betothesub-purcbaser, with the pripe stated iii the principal deed. When the sub-sale i? inadc 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 mcaiir ing of the Act. But in case of an actual conveyance of the interest of the person immediately selling to the subr purchaser, which sh all be phargcr able with ad valorem duty, any deed or conveyance made to subi .purchaser afterwards by original seller shall be free of all valvrem duty, anil liable only to ordinary stamp as a deed, Where property bought of elifr ferent persons is conveyed to the buyer by 'a single deed, the ad vulorepi duty on the deed is calr cnlatcd on the aggregate of the various purchase inpneys. Land sold subject to mortgage, or to any sum afterwardsto bepaid, duty is payable on the value of such mortgage or subsequent payment. Exemptions from tho preceding; Duties on conveyances — Any grant from the Crown 'wi/ler the hand 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, ISGO." Deki», or. instrument of any kind whatever, not otherwise charged in this Schedule ... 0 1 0 Exemptions from the preceding duties on deeds or instruments not otherwise charged in thi§ Schedule — Apprenticeship and Clerkship — All instruments relating to the. services of apprentices, clerks, or servants. Mortgage — All bonds' find mortr gages, whether affecting real pr 'personal estate," bill of sale by way of mortgage, and all, trans? fcrs, agreements, releases, rcr conveyances, and discharges thereof, AH preferable lions under " The Wool and Oil Securities AcV 1855." All Customs bonds All administration bonds All bonds on appointtnent of Special bailiffs. Dkai'T, or order, including cheques, or orders on bankers for the payment of any sum of money to a payee named, or to a bearer, or to order, either on demand or otherwise, not otherwise charged Q 0 1 Lease, or agreement for a 'lease, or auy written document for the tenancy, or ogcupancy of any laiids, tenements, or hereditanicnts, without any considerar tipn by way of premium, the following, duties in respect of the yearly rent^Where the yearly rent shall not exceed LoO .0 8 6 the samp sjiall exceed LoO, and not exceed LIOO ... 0 5 0 ALovc LIOO. for every fractional part of LSO ... 0 2 6 Lease, or agreement for a lease of any lands, tenements, or hereditaments, granted in consideration of a sum of money by Avay of premium, without rent or -with an animal rent (c). Lease of any lands, •tenements, or hereditaments, granted 111 consideration of a. sum of mpney by way pf premium, and also of a "yearly rent amounting to L2Q. and upwards (d). Exemptions from the preceding eluties on leases— Leases granted by the Crown of . any Waste Lands under the jwovisions of any Waste Lands Act, or Gold Fields Act. - Memorandum of transfer under "The Land Registry Act, 1SC0" (c). . ' Policy pf Insurance, or other instrument whereby any insuiv ance shall be made upon any ship or vessel, or upon auy goods, merchandise, or other # property on board of any ship \>r vessel, or upon the freight; thereof, covered by a Time Policy for any period not ex- .'' ceeding three nipuths . .... Q 2 6 Aiid for all other liarine Policies, for every sum of LIOO, and for every fractional parVof L 100.,. Q 1 0 Pkpjiissoiiv Notes, payable to the bearer on demand, issued by any Bank or Banking Company, n't the rate of, for every LIOO, of t]ie average annual amount in - circulation, as pertin'ed undertlie "Banker's Returns Act, 185?" " ,;■-■■■ , I " .'...-.% Q 0 Receipt, or discharge given for or on payment of any sum oj mpney pf t]ie anipunt of L|s or 'upwards ■ v- q q j Exemptions from the preceding eluties on receipts-^ Receipts, given ipr pr \ippn the payment pf money tp or for the. use of, or by pr on behalf of her Majesty. Receipts endorsed upon any instiument duly stamped under this Act, acknowledging the receipt pf the eonsidcratipj; money therein expressed, (c) The ad valorcvi duties payable upon a ( conveyance calculated on tho consideration by way pf premium expressed therein. (d) Both the ad valorcvi duties payable upon a conveyance according to th,e consul eratipn therein expressed, and ;i lease in consiilemtion pf a rent of the same amount. (c) The same eluty as for a conveyance for the s.'lo of lands lor a like sum the cpn, eider -.lipn of such transfer,
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https://paperspast.natlib.govt.nz/newspapers/GRA18670205.2.19.2
Bibliographic details
Grey River Argus, Volume III, Issue 166, 5 February 1867, Page 4
Word Count
936Page 4 Advertisements Column 2 Grey River Argus, Volume III, Issue 166, 5 February 1867, Page 4
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