STAMP DUTIES ACT. - ; The following js the now Stamp Th\ tics . Act passed iv the General Assembly of New . Zealand last sessjon, and which. came into force on the Ist iust : - " SCHEDULE I. CoVI'AIMMr THP'-'UUTIK.S -OX DeEUS AND j OTHER IXSTKUJIJJNTS KJiLATIXG TO TiSAKSactioxs between L.iyiN'P Persons.. £ s. d Agkeemkxt pr any minute pr me- j niorandum of any agreement ' iinder hand only, where the J matter thereof diall be of the value of L2O or upwards ; : whether the same shall only bp evidence of a contract or obliga- . to.ry oii the parties from itsbeing '■£0M ): a written instrument, together • . $&fk : p'* with eveiy schedule rectdpt or ; /; .; / . other matter put or endorsed :- thereon or annexed thereto Q 10 1 Provided always, that where divers letters shalibcoffered jn evidence t<> prove any agreement between the parties who shall have - written such letters, it shall jjp . / ■ , fcufficient if any of such letters Khali be stamped Avith. a duty of two shillings and sixpence. ; ' ' Bills of ExciiAxpE — Inlatd Bili of Exchange Draft or Order for the payment to the bearer or to order at any time, ptnerwisp than on demand of any sum of money not exceed- i ingLSO ■•" ' •"" " ... 0 1 0 1 ])itto, not exceeding LJOQ '.'.. 0 2 . 0 i And where the sum shall exceed LIOO, then for" every LgO, and., also for fractional part of LSO 0.1 P Foreign Bjll of Exchange drawn ' in but payable out pf the colony of New jiealand— - ' - |.f drawn singly or otherwise than in a set of .two cr mpre (a)' If draWn in spts pf two, then for every bill pf each set where the sum payable shall not exceed LSO ."•■ . .■■'•■ ... 0 0 G And where it shall exceed LSO and not exceed LI OO ...0 10 ''-..■•■ And where the same shall exceed LIOO, then for cs'ery L(SO or any fractional part pf"LSO 0 0 6 If drawn in sets of three pr nlprc for every bill of each set 'where the sum payable thereby shall not exceed LSO ..: 0 0 4 And where it shall exceed LSO ' and not exceed LIOO ...0 0 8 . : And where the samp sha.ll expeed. LlOp, then fpr eyery Lf>o p t nd . " also any fractional part of LSO 0 P 4 Exeinptipns from the fprcgoing duties on bills of exchange, all debentures and treasury bills, issued by the Government of New Zealand, All drafts ororders for the payment of any. sum of mp,ney to thp bearer on demand, drawn vppn any banker, perspn, or cpnipany, arp exempt from tlu foregoing duties but are subject to the duty of 1 d charged, upon drafts or'orders. Bill (>f Exchange drawn out pf the colony, but endorsed or nego : tiated within the colony, the fcauie duties asjpn a. bill of cx T : change drawn within the colony, ! and payable within the colony Promksory Note, fpr the payment I in any otlier maunertlian to the bearer, on deuiaud, of any sum of money not exceeding L 25 0 0 G .Exceeding L 25, not exceeding LSO p 10 I'romisspry Npte, for tlje payment either to the bearer, on demand, or in any other manner than to the bearer, on demand, of any sum of mpney exceednig LSO and not exceeding LIOO ...0 2 0 Where the sum shall exceed LIO.O then fpr every LSO, and fractional part of LSQ .•••0 ] 0 Exemptions from the fpregpinjg duties on prpmissoi-y notes, but not from any other duty to, which the same may be liable. All promissory nptes, fpr the * ■ "^jiajwent pf money pn demand, issued by'any Bank or Banking Company iii" N6W Zealand authorised to issue such notes, and making such returns, aiifl . paying such compositions as is; in this Act respectively men-. i tici;ed. A ll bills, drafts, or prdeis, or promissory notes for the payment by any Bank or Banking Com-: pßuy of any sum of money, though not made paj'able to the beajer pr to prder, and whether delivered to the payee, or not, and all writings pr docuniciits entitling any person to. the payment by aiiy Bank or ' Banking Company of any sum of juoncy, vhefher the person |o wht^h paynieiit is Ip be 1 mi;de shall be named or designated therein or not, pr whether ihe shalj bo. delivered to him or. . not, s^itiU respectively be deemed tp be bills, drafts, or. orders for the payment pf uioney chiirgeable vnth. Stamp 'Duty,, as if the same had been made payable to bearer or to order. Bill of Lading, or receipt in lieu thereof from master, mate, Or agent of any vessel, for any goods, merchandise, pr effects, to be carried tp any place be-; . -j ' .. yond the boundaries of the colony— for every such bill of j lading, prreeeipt, or "copy there- . J of ■ ; ■■■•■'.-•', ... Pr i o Conveyance—: . Of any kin*, or description what; "soever, upon the sale of any . property in respect p| the priiir cip.il or only writing, whereby ; the property sold shall be cori- :... yeyed tp or vested in the pur-, . chaser, or, any other person or .. • persons by his clii ection (except transfers expressly provided for : by this act):-- '..'... ... ' Where 'the purchase or considerar Ition money thereinor expressed "shajl not exceed LSO 0 • a 0 And where the same shall exceed ' LoO,.and not exceed LICO ; ... 0 10 0 And where ihe same shall exceed. L 100; then for cveiy LSO, iyid - any fractional -part of Lop .'-.. ... Q 5 0 Tlie consideration must be tiiily f : expressed ill^ wprds upoii eaclj V/ principal dped of conveyance,: ■■: .and if value be given in stock or;-. . ; - othier Eccuiity, its value rnust^ :■■ ■ . .iv li^e PfU-litr be set,fdrth in .' ■v,: . /■-.•-- f«u; , '■ ■•-■-.. ■ ■ ' •■ ■. ? -^ : W^ " :'■'*, ' : : : - - -nient --P l other stock or deben-; v ;r ; ttsreSi the tiuty is payable on .; . * ; v: felfipg price atnhe %. . '-■- ' '': ihecoiivejance. ■ ■ r - ■; : Piojerty lieJd under diflertnt »/":-^X titles/ e^M St 'onetnlire'price, ,-.; " ? ?#^^ffie :' sajne.-d.uty as on an Julaiul Bil] of tlitvsHuie^ nmouiit;^nd^"<?r- -,>- ' ■ ~~ ■ „ ■. .(h) /^Jic - : ':si |y as, on ail L;i]/;iid . Biil && \\. triauic ampuiit liii^l feiibv, V ; ! ''■ ■" . _'
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https://paperspast.natlib.govt.nz/newspapers/GRA18670212.2.17.1
Bibliographic details
Grey River Argus, Volume III, Issue 169, 12 February 1867, Page 4
Word Count
998Page 4 Advertisements Column 1 Grey River Argus, Volume III, Issue 169, 12 February 1867, Page 4
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