Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 171, 16 February 1867, Page 4

ST#p DUTIES ACT. ;■ The following is the new Stamp- ihities Act passed in the General Assenjbly of N-aw Zealand last session, and -sfhicU came iut.o force on thb Ist inst ; - *eUISUULE I, Containing the ■ Dcthes ox Dekdh and OTHEIt INSTItUafcSTS DELATING TO TttANSACTieNS BETWEEN LIVING PEB,SON,S,, ■■-'.'; ■■■■* S. d Aokeemknt or any jninute or jnctmorandum of any agreement . tinder hand only, wjiere thq matter thereof ihall be of tho value of L2O or upwards ; whether the .same shall only be evidence of a contract ov obligar ■ tory on the p.arties from its being tt Written iustvuiuent, together with every schedule receipt ov other matter put or endorsed thereon or annexed thereto 0 1 0 Pro vide'd always, thatwheredjver? letters shallbe offered in evidence to prove any agreement between the parties who shall ha vp written such letters, it shall be sufficient if any pf such letters "shall be stamped With a duty of two shillings and sixpenpe, Bjr.LS OF ExCHAXGEi— -Inland Bill of Exchange Draft pr Order for the payment to the bearer or to order at any time otherwise than pn demand of any sum of money not exceeding LSO . " ' ... 0 1 0 Ditto, not exceeding LIOO ...0 2 0 ~ And here the sum sb.all exceed LIOO, then for every L50,- and.. » also for fractional part of LoO 0 JO Foreign, Bill of Exchange drawn in but payable out of tjie colony of New Zealand — If drawn singly or otherwise than in a set of two or more (a) If drawn in sets of two, then for every bill pf each set where t|io sum payable shall not exceed • LISO ' ... 0 0 6 And where it shall exceed LSO and not exceed LI 00 ... 0 JO And where, the game shall exceed LIOO, then for every Lp(). or any fractional part of LSO 0 0 0 "li drawn in sets of three or more for every bill of each set whpre the sum payablp thereby shall not exceed LoO ...0 0 4 And where it shall .exceed LSO and' not exceed LIOO „, 0 0 8 And where the same shall exceed JylOO, then for every LoO and also any fractional part of LSO 0 0 4 - Exemptions from the foregoing duties on bills of exchange, all debentures and treasury billa issued by the Government of New Zealand, AH drafts op orders for the payment of any Hum of money to the bearer oil demand, drawn upon any banker, person, or company, arc cxemptfrom the- foregoing duties but arc subject to the duty of ldoharged upon drafts or'orders, !:' Bill of Exchange drawn out of the. colony, but endorsed or nego- * : tiatcd within the colony, the .Name duties as on a bill of cxc.hangedrawn within the colony, aud payable within the colony (b) Prujtiib^ovy Note, for the paynient in any uthcr manner than to the bearer, on demand, of any sum of money not exceeding L 25 00 6 Exceeding L 25, not exceeding LoO 0 1 0 }'ron-iisHory Note, for the payment either to the bearer, on demand, or in any other manner than to the bearer, on demand, of any sum of money exceeding LSU and not exceeding LI OO ... 0 2 0 Where the sum shall exceed LI 00 ■ then for eycry L/ 50, ami frac? tiunal part of LSO • • ...0 1 0 Exemptions from the foregoing duties on promissory notes, but nut from any other duty to which the same may be liable. All promissory' notes, for tlie ; payment of money on demand, issued by any Bank or Banking Company in New Zealanu authorise:! to issue such notes, and making such returns, and paying such compositions as is in this Ai-'t respectively m eil - I tinijt'd. All bills, drafts, or ordeis, or proiiiistory notes foi the payment Ly any Pank or Banking Couir ]«tny. of any suni of money, though not made payable to the bearer or to prdcr, and whether delivered ty the payee \>r not, and all writings pr docu? nicnts entitling any person. to. the pjiynicut by any Bank ov Banking Conipany pf any suu.i pf money, whether tjie person to whoiii payment is to be made sjiall be named or desigt nated therein pr not, or whether . t the shall tie delivered to jiim or ' not, eliall respectively lie ileemeil tp lje l>ills, ilrpits, or orders for the payment of money chargeable with Stamp Duty, as if the same had -been made payable tp bearer or to order. Bill oy Lamng, or receipt in lieu thereof from master, mate, or agent i>f a 11 }' Y csse l» ur ai) y goods, merchandise, or effects tp be carried, tp any place be-: ypnd the boundaries pf the colony— for; every such bill pf lading, or receipt,' ov copy thercr of"' " '■' iv Q 1. 0 C'ONVKYANCK — Of any khijl or d_cscr|ptinji what? soever, upon the. side of any .-'.-, property in re s-pect of the priiu <iiyal or only -writing, whereby the property sold shall be cpnyeyed to or vested jn the jmrt chaser, or .ftuy other person or ' \-. ' persons \>y . liis tt^i eptioii (except transfers eipressly provided fpp by tii;sact)— • Where the p\irc]iase pr 'consider^?* titm money therein or thereupon ;■=•-■• expressed sliall not exceed LSO 0 5 0 And V T hev« t}ie same shalle^cccd Lo^fWitTnot exceed LJ.OO ... OJO 0 And where the sayie shall exeped LIOO, thon for -every' LpO, and any fractional part pf LSO ... (1 Q, 0 The' consideration must be truly expressed i^ words upon each . principal deed of conveyance, : and if .•.value he 'giv'enin -stock or L other security, its value must - in .like manner "he s'pt fprtli' \\y . ■•■■ ; fnll.' -• ■■■■•;.: :■>' -.; • Witen consideration is in Govaiir incut or. other stock or deLen? 'vp-. : -turts, tjieJluty is'payable on ; \ the '' average teliiug price at the tinie pf ihe :.coiiv'eysqice. - '■ ' 'Property .held Urdu- different ' ; 7 ■'.; :titlcs, : i{K^lil;^at;;,cne; entire'pricc, .. ■ ir " Sri -'."'v- r«V- ;■•;•■■•' "■:■'■.- •"• "'•:'■"-". !■■■ • • " (a) The^Eajpie diity as on an Inland Bill of £|inie^mou*iit and teiicir: '' ; ~ ' BjL([>) TneHme duty ao on! an inland Bill of amount iiJid icniir, ': : ■..-■■', \ y ■'."■_' jg:'?;-: '■■■'■ :-:.v'.---'; '.'■