df s. d. Acknowledgment given fpr money deposited jn any Banks to be accounted for Receipts fpr moneys paid into Land, Building, and Invest ment Seeietips.. Transfer, except by way pf Mortr gage, of any run or station held under lease or license, or promise pf lease pr license, from the Crown, or of any interest therein, where the declared value of the said run pr statipn, pr interest, pr the yahie thereof , assessed as in this Act provided, shall not exceed LIOO ... 0 JO 0 And where such value shall cx s - ceed LIQQ, then for every LIOQ, find any fraptjon.il part pf LIOO 0 }0 0 Transfer pf any s]iare or shares in the stock and funds of any cor? poration, company, or society. M'hateverin New Zealand, upon sale thereof — Where tjjp purchase, pr cpnsidprar tion money thercjn expressed, shall not exceed L2O -.;;. 0 I 0 Exceeding L2O, and not exceeding ' LSO ' .-■■■" ;;.. 0 2 6 Exceeding LSO, and not exceed jng li.oq' " ■'.■■.; ;:; o s 0Por every additional LSO, or fracr ~tional part °^ -^50 ... 0 2 6 \ SCHEDULE 11, Containing the Dutjes on Probates oy Wills, and Letters of Adrijnistratipn, Probate pf a Will, and Iptters of Adniinistraj-ion witji a Will «mr nexed, where the effepts, as sworn to by t]ie Executor ov Adrnjiiigtrator, shall ber— Under the value pf LIQQ ... } 0 Q iVbove the yaliie of LIOO, and ' underLgOQ . 2 0 0 Above the yalup of L 2.00, and undprLSOO ... 8 0 Q Above the value pf L3OO, and undprL^OO ' ...-4 Q 0 Above tJie* VfiHiß flf L4OO, and' undprL.soo ..500 And aboye L.SQO ... ipprpent; L.ETTERS OF ApaiINISTRATIOX, withr put jv Wjjll annexed, where the effects, as sworn tp by the Administpatpr, sjiall be^Under the value of LIOQ . ,1 10 Q Above the value of LIOQ, and under L2oo - -. 3 Q 0 Above tjie value of L? 00, and undpr L3OO ' «= ' 4 . 1° ° Above the value of ,L3QO. and undpr L4OO ■ ' ... 6 0 0 Above the yalup pf L4OO, and under LaOO ' ' ' ... 7 10 0 AndabpveLSOO ...l^ per cent SCHEDULE IU, Containing tije Duties on Legacies, and Succession to Peiisonal Estate, under any Testamentary Disposition, or upon Intestacy. ■- Legacy duty to be charged pn every legacy, specific or pecuniary, to the value of more than L2O, given by Will, out of per- I sonal estate, or charged on real | property, or of money to arise ! from such sale" or mortgage of j real property. Also fortfip clear residue decending.to one or more persons after payment of debts, funeral expenses, and legacies above the value of L2O after passing of this Act. In like manner on the clear residue of njoney arising from mortgage op sale of real property, after deducting debts, funeral expenses, and legacies as before,, when the residue amounts to above L2O. Legacy, or residue decending to child, or decendaut of child of deceased, or to father, mother, or lineal ancestor of deceased, pays one per cent duty Ll percent, Legacy or residue devolving on brother . or sister or their descendant pays three per cent duty . . L 3 per cent. To uncle or aunt, or their decendants. pays five per cent duty L 5 per cent. To grand.imcle or to grand-aunt, or to their dependants, pays six percent duty • ... LG percent. To any more distant, collateral ' relation, pays seven per cent duty '• ... L 7 per cent. And when it devolves upon a stranger to the blood of the deceased, it pays ten per cent duty ... LlO per cent. And gifts of annuities; or other partial interests in such estates as aforesaid, are to be deemed "'.'■■ legacies : Legate taking more than one legacy under the same will, together amounting to L2O, pays duty, although neither legacy separately would have been liable to the duty. . But legacies and residues of estates, or effects devolving on husband or wife of the deceased, are exempt from legacy . duty ' * SCHEDULE IV, Dutiss of Successions to Heal and Personal Estate— Where the successor shall be the lineal issue or lineal ancestor of the predecessor, a duty upon value of tU§ succession at the rate of. ' ... Ll per cent, Where the dependant shall be a brothpr or sister to a decendaut pf a brother orsistercf the pre 7 decesser, a duty upon the value ; pf the succession of ... L 3 per cent. Where the successor sbftll be a brother or sister of the .father br mother, or a deceiidant of a brother or sister pf the fathpr pr mother of the predecessor, a du.tyupon the valyie of the siic,pessipn of ... L 5 per cent. Where the successor shail be a' brother or sister of the giandf ather or gran diiiother or a decendant of a brotheroi" sister of '" the grandfather or grandmother I of the predecessor, a duty ujKm the vahie of the fiuccession pf ...L^ per cent. Where the successor shall be in i; 1 any other degree of collateral consanguinity to the, predecessor than i 3 hereinbefore degcribed, a duty uppn the value (jf the succession of ... L 7 per cent,. Where the successor shall be a' , stranger in blood to the prede.eeesoiv a duty, uppn the value. . of the succession of LlO per cent. Exemptions from the. v foregoing duties }r- 'All successions given ■.'to,' or ! in v trust for^ ; or VwhicK shall devolve upon, or be ac-i quired by the husband., or wife, i of the predecessor
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https://paperspast.natlib.govt.nz/newspapers/GRA18670219.2.23.3
Bibliographic details
Grey River Argus, Volume III, Issue 172, 19 February 1867, Page 4
Word Count
898Page 4 Advertisements Column 3 Grey River Argus, Volume III, Issue 172, 19 February 1867, Page 4
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