Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 170, 14 February 1867, Page 4

STAMP DUTIES ACT. The following is the new Stamp Pntics Act passed in the General Assembly pf New Zealand last session, and which came into force on the Ist inst :- SCHEDULE I. - - CoXTAINIXe THE DUTIES ON DEEDS AND OTHER INSTRT?iWKNTS BERATING TO TkaNSACTIONS BETWEEN LIVING pERSOXS.. Agreement or any minute, or me; morandum of ' any agreement under hand only, where .the ■ matter thereof, thall lie of the value of L2O or iipwarcts'j whether the sanie shall onfy^be - evidence of a cpntrac't pr pbliga : tory on the-parties from its jie'nig v a wiitten instrument together wit}} every sehednle'repeipt* op ot}iey niptter ' put pr piidprseA therepn or annexed the'retp 1 ' *'p 1 P Pro vifled always, that wTbere divers lctters.shallb.e bfferedin evidence to prove any agreement between the parties .wlip shall hay'o written such letters, it shall be ' {buffi pient if" any of" suph letters shall be stpppei' w-ith l a diity pf .two shillings and sixpence. ' 3ii.ls of ExcirAKJ3£— •■'■/" Inland Bill of Exchange Draft or Order for the payment to the ' bearer or to order at any time ptlierwise than on dejnand of any sum pf money npt exceect l ingLoO" ,■."•'• " ... 010 Ditto, not exceeding LI 00 ...0-0 And where the sum shall exceed LIOO, then for every LSO, and also for fractional part of LoO 0 10 Fpreign Bill pf Ejcc|iange drawn in but payable outbf the colony of New Zealand — If dfawii singly or otherwise than . ' • " in"a set of two or more (a) ff drawn in sets of t'wp, then for every bill of each set where the sum payaHe shall not exceed LoO ••■ ' ' t .. 0 0"6 And where it shall exceed LSO and not exceed LIOO ...0 10 Arid where the same shall exceed LIOO, then for every LSO pr any fractional part of/ Lso'' 0 0 6 If drawn in sets of three or more for. every' bill of each set where {he sum j)ayable tliex-eby shall not exceed LSO „ ... 0P 4 And where it shall exceed LoO . and not exceed LIOO ' ' ...0 0 S And where the §ame shall exceed LIOQ, then for eycry LSO and also any fractional part of LoO R. P Exemptions from the foregoing duties i p'ri bills' pf exp|iange, all debentures anc]. treasury bills issued by the Government of New Zealand. All drafts oj prders for the payment of any sum of money to the bearer oh il'emand, ; drawn uppii any banker, person, or company, are exemptfrom the foregoiiig duties but are subject to the duty of 1 d charged upon drafts or'orders. Bill pf Exchange drawn out of the colony, but endorsed or negotiated within the colony, the same duties as on a bill of ex(jiange drawn within the colony, and payable within tlie colony ,-■' Promissory Note, for the payment ■••■:-' ■ in any other manner than to the bearer, oil demand,' pf aiiy sum of money not exceeding L 25 •"■'•' o<- 0 C Exceeding L2si not exceeding LoO 0 1 0 j'roinissory Note, for the payment cither to the bearer, on deinann, or in any other manner ih'j^i |;p the bearer, on demand, of any sum of money exceeding LSO and not exceeding LlQO ' ... p 2 0 Where'the sum shall ex'pecd LIOO ' then for eyery L 30 ," aucl fractional part p|LSO ' " ; . .':. 0 1 0 Exemptions from the fpregoing duties oii promissory notes, but not from aiiy ' other duty itp t which the same may be liable. All promissory riptes, for the. payment pf mpney on demandj issued by aiiy Bank or Banking Company' in' New' Zealand ' authorised to issue such notes, and making such retuihs, and paying such compositions as is iii ' this Act respectivelj' men- I tioiicd. ' • All bills, drafts, or prdeis, prpromisspry notes fpr the payment by any Bank or Banking Company of any sum of money, though not made payable tP the bearer or to order, aiut whether delivered to the payee pr not, ancl all writings or documents entitling any person to {he payment by any 'Bank pi; Banking Cpanpa'iiy pf any su^i ■ pf mpney, whether the person ■- to wh'o^li" paymeiit is' to be mjide shall pc % named pr desig : iiatcd therqn pr not, or whether ihc shall icdeliye'red \o him cir not, ' shall respectively ' be {Icemcd'fp be bills,' drafts, or : orders for the payinentpf nipney chargeable with Stamp Duty, as if the sap e' had been made payable to bearer or to order. Bi.r.L of Lathing, or receipt in lieu thereof from master, mate, or agent of any vessel, for any goods, merchandise, or effects to be carried to any place beyond the' boundaries of the colony— fpr every such bill of lading, or receiptj'or copy there?j ■■;■■ .'-■■ '"■' " '" • -,• 0 \ 0 Pqnveyance — ' Of "any kin A or description whatsoever, upon the sale pf any - property in respect pf the principal or only writing, whereby ■ thb property sold shall be con- . veyect to or vested in the pur-; chaser, pr any pther perspn pr ; persons by liis di'iection (except transfers expressly provided fpr by this act)— . . ' "' ' ' Where the purchase pr cpnsideration money therein or thereupon expressed shall not exceed LO6 P 5 0 "And where the same shall exceed \ LSO, and not exceed Xloo*' ..V 0 lO'-'.tt, And wliere the spie shall exceed ' .■; " i.100", ttenforeyery L 5Q t anct any fractional part of LoP ' ... P 5 0 The consideration must tie truly __ expressed in wprdis upen each principal deed' pf ppnveyance, and if value foe given ;ji stock or other security, its vaKie must - in like 'mamier be setfpiihm full. When cpn^ideiatipn is in Government or pther stock or debent ures, the duty is payable on the average jelling price at the time pf tlie convej ance. •Proptity lieltl 'under different / titles," s-old at one entire price, (a) The same duty as on an Inland Bill of B amc amount and tenor. same duty as on an Inland BiiJ of ____________^^_&Wfe'_i Ul^ \ clKi }