Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 167, 7 February 1867, Page 4

STAMP DIJTIES ACT. •The following is the new Stamp Puties Act passed in the General Assembly of New Zealand/last session, and which came into force on the, lst inst : - - SCHEDULE I. ; -'O ppNTAiNiNG the Duties on Deed? and " other Instruments relating to Transactions between Living Persons,. £ P- A Agreement or any minute or me ; ' j morandum of any agreement j under hand only, where, the matter thereof shall be. of. the. value of L2O or upwards \ whether the same shall' pnly be evidence of a contract pv pbligar tory on the parties frpm its being ft written insfcrujn.ejifc< with every schediile. repeipt' pr other palter ppt or endpysetl they eon or annexed tjieretp 0 1 0 Pj'pvidcdalwaySjthatwherediyers letters shallbe offered in cAidcnce to prove any agreement between the parlies' who shall have written such letters, it shall be sufficient if any of suph letters ■ shall be siamp^' with a dutypf two shillings and sixpence. ' Bills of ExciiANpE-— ' ' Inland Bili pf Exchange Draft or Order for the payment to the . bearer or to order at any tiiiip otherwise than oiidemrind of any sum of money not exceeding LSO. ' ' ' ' ... 0 1 0 Ditto, not exceeding LIOO ... 0 2 0 And where the sum shall cxpeecl ; LIOO, then for every LSO, aiul .also for fractional part of LSO 0 1 P Foreign Bill' of Exchange i drawn in but payable' out "of tlie colony of New Zealand— If draM'u siiigly or otherwise than in a spt pftwo or more (a) .. .If drawu in sets of t\rp, then for ■ every bill of each set where thesum' payable shall not exceed LSO . ■ ' ■'■-."-■ ■ \ ... 0 0 6 And where it shall exceed LSO and npt exceed Ll oo ' ; ...0 10 And where the same shall exceed LIOO. then for every LSO or any- fractional part of LSO 0 0 6 If drawn in sets of three or more for eyerj' bill of each set where ihe sum payable thereby shall : not exceed LSO ■ ' ... Q 0 4 , And where it' shall exceed LSO " ' and not excepd Ll oo "' ' ... Q 0 S . And where tlie sanic shall exceei.l ~ LIOO, then for every LSO and also any 'fractional part pf TutiQ 0 0 4 Exemptions froiu the fpregoing duties oh bills' pf exchange, all delj.cnture3 and treasury bills issued by t|ie Gjoverninent. of New Zealand. All drafts op orders* for the payment of any sum of mpney to the bearer oh demjind, drawn upon any i e banker, person, or company, ai'p. exempt frpm the foregoing duties but are subject to the duty 6£ Id charged upon drafts. pr|prders.[ Bill of Exchange drawn' out pf thp colony, but endorsed or negotiated within the colony, thp same duties as on a bill of exchange drawn within the colony, and payable within the colony (bJ m - ' " " • Promissory Note, for the payment in any other manner than to the bearer, on. demand, of any sum of money not exceeding L 25 ' Q 0 6 Exceeding L2s^ npt exceeding LSO 0 1 0 Ppniisspry Note, fprtjie payment either tp the bearer, on demand, . - or in any other manner than to the bearer, on demaud, of any sum of money exceeding LSO and not exceeding LIOO ... 0 2 0 the sum shall exceed LIOO then for eyeiy LSO, and fractional part pf Lj3Q " "' '.;.»• Q 1 0 Exemptions froni the fpregoing duties on promissory notes, but not frpm any other duty to. which the same may be liabfei AH promissory notes, for thg payment pf mpney pn demaud, issiied by aiiy Bank or Banking Company in * New * Zealand authorised to issue such notes, and making .such returns, and paying such compositions as is iii this Act respectively nien» < tinned. All bills, drafts, or ordeis", or pro-; • misery notes for ihe payment by any Bank pr Banking Com- , -_^>«M>sny ' of any sum of nionej', *^^"^ raougli not made payable to, the bearer pi' tp order, and whether delivered to the payees or not, and all writings or ddpu-, incaits entitling any person to the payment by .any Bank or. Baiik'iug Cpmpany of any sum of money, whether the person t° whodi' paj'menfc is to' be* ; .--:•■■ i. -.' nuide shall be" named pr desig: nated tlierejn or not, or whether; ■jhe shall bo -delivered to him pr. not, ' shall respectively bp. (leeined tp be lulls, drafts, oi; prdersf fir the payment ofj-inoney chargeable "with 'Stamps Duty, as if the same had been made payable to bearer or to order. ' i'ILL or Laijing, or receipt in lieu thereof from master, mate, or agpnt of any vessel, for any gopds, merchandise, or effect's to be carried to any place beyond the boundaries' pf the. colony— for every such bill of Jading, or receipt, or copy therepi ■■•■■" '■■■•■■■■ ■•■ .; ... o \ o Conveyance — Of any kin- 1 , or description, whatsoever, upon the sale of any propeiiy in respect of the principal or" only writing, -whereby thein-opcity sold shall be corir veyed to or. vested in the purphaser, pr any other person or persons by his dii eetion (except transfers expres&ly provided for by this act) — Where the purchase or consideration money therein or thereupon p\-pvesscd shall not exceed LSO 0 5 0 An (I where the same shall exceed ' LSO, f^nd not exceed 'Lloo ' ... 0 10 0 And where the same shall exceed LIOP, then for. every LSO, and any fractional part of LSO ...' 0 5 0 The consideration must truly ' expressed in words upon each principal deed of ppnveyancc, and if value be given ; n stock of other Security, its value must iv like mainicr be set forth in • full. ' , ■\Vhqi censidcraiipu is in Govc-m----meiit pr other stock or deben- - turcp, tlie duty is payable on the average selling price at the tipe pfilie cruvcyalice. Piopeity- l'jc-ld under different \ titles, ?old .at fne entire price, (dpThc Eame duty as on an Inland Pill of thc-Wue amount and tenor. (fif-The same duty as on an Inland EiJ] % same amount and tenor.