, STAMP DUTIES ACT. .: ; ' •The following is the new Stamp Duties Act passed in the General Assembly of New Zealand lasj; sessioi^ and which came into force pn the Ist irist j:SCHEDULE I. CONTAINING THE DUTIES ON DEEDS AND ' other Instruments REiiATjsp Tp^'rßA'Nsaction^ Living PERSQN3V ' i • ■?~^: !f $ '§. fl ApBEEMpKT pr .any minute pr me ; ' ' morandnp i)i' a^iy 'agreement jinder h'^nd jpri)y ? Vujere the matter thereof sjJjall .be of ih'e — value' of li2ovpr upwards; Whether' the'samejshall only be ' evidence of a t contract or obligatoiy ion the parties from itsbeing ... ., a written instrujrient, together *' Srith every schedule receipt or other matter put T or endorsed ihereon or annexed thereto- 0 L- 6 Pfovidedalways,thatwheredivers .<■;' letters shallbe offered in evidence '" to prove any agreement betv;ceii the parties who shall 'have }}'fitten such letters,>.jt shall be sufficient, if any jr>ff ; such letters shall be stampei' with a duty of two shillingp/'and sixpence. ..-.• — -Bills of Exc|£_;g£— InlamlJßi'ii of Exchange Draft or o^— : for the paymenl; to tlie vjtfearer or to prder at any tiirie than on demand of ,C~- any sum' of money not exceeding LSO " : '• " ... 0 1 0 Ditto, not exceeding LIOO ' .'.- 0 2 0 -And where the suni shall expeed LIOO, then' for every Lo.Oj anil also for fractional part of LSO D 10 Foreign Bill' of Exchange drawn in bnt'pay«able o}it of t^e c()lony of New Zealand— If drawn singly or otherwise than in a set pftwo or iriojre ( a) Jf drawp in sets pf terp', then fpr - every plilpf each se£ "where the sum payable shall not exceed LSO " ..'.' p P 6 And where it shall excee.d LSO and not exceed'Lipp ' ' ... 0 1 0 . And where |be same shall exceed j LIOO, then for every LSO pr | any fractional part of' Lsl) 0 0 6 If drawn in sets of three or ' tnpyp " for eypr'y h\H of eaph g/at -■-..• the siva : payable thereby 'sli all : ; riot exceed LpO " ' ' ... 0p 4 And where it shall exceed. LSO ;' arid not exceed LIOO"^" ';. Q Q 8 And'where the* sariie shall expeed tjlOQ, fpr 1 every LSO and also any fractional part' of LSO 0 P 4 Exemptions from the fpregoing duties on bills' of exchange, al) debentures and trctisury billg issued "by the Gpyernipent pf -: |few Zejvlaritl. drafts, op i prders* fpr t^e payment pf any sum of mpney to the. bearer' oi) flemand, difawn' upon any banker, person, or company, are exempt from the foregoing duties , but are subject to the -uiiiy of Idcharged Uppri draffs or'prdcrs.' Bill of Exchange clrawn out pf the colony, but eriddrsed or riego : tjated within the colony, the same duties .as oil a bill qi-exV . change dvawri.\pthin iih'e colony, arid payable wifh'jri the v c6lpriy (b) ■'■'■■ '. Promissory Note, fpr the payment in any other manner thantp the bearer, pn jlemand, of any s|iin pf inpriey not exceeding L 25 '■' Q 0 Q Exceeding- L25, not Exceeding LSO p 10 Promissory Nptp, foy the payment ' . ' either tft the be'afp'r,' on denianflj or in any pther manner than tp, the bearer, on deriiaud, of any sum of money exceecling LSO and not exceeding LlpO' •'••■•.0 2 0 Where $ie sum shall exceed Ll 00 ' ' ' then fpr eyery LpO, and frap: tiojial part pf Lstf " " .]. 0 10 Exeniptipris' from, the fpregoing ' - duties pri promissory notes, but not from any ' other duty to. ■ivhich '^lie same may be liable. All prpinisspry notes, for the. payment of irfonpy pn demand, issued by any Banlt or Banking ppmpany in New ' _ealanft authorise J. tp issue such notes,' arid making such' returns, and paying such cpmppsitioris as is iii 'tiiis Act, respectively irierir I tioiicd. ' ' ' ' " All bills, drafts, pr prdeis, or pro t misspry notes for the' payment liy any Bank or Banking Com-, pany of' any ' sum of money, though no.t' made payable to the bearer pi* to order, and ■ivheth er cleliverecl^o the. payee' pr npt, and all writings or docu : ments.pnlifling any person to ilie p'aypent' by' any Bank py. Banking Company of any sum ■of money, whether the person to wliom payment is to be . made shall be' named or designated thereiii or •libi, or whether . tlie ehall be deliyered to him or. not," 'shall respectively' te deemed tp be bills, drafts, or ordersfbr the payment of money chargeable with Stamp Duty, as ' if the same' had lie'eu made . pa} r able tp bearer or to order. B^ll of Lamng, or repeipt iii lieu thereof froni .master, 'mate, 0? agent of aiiy vessel, for any goods, merchandise, pr effects - to W parried' to any place be» ybnd the' boundaries of the. cplony— fpr every such bill of ladriig, or receipt, or copy thereof ' '" "'■ •' ' ■ [:0. 1 0 " . •"■ ,' ■•■;■"-■ pf any kin^l or dpsci^ption wha|speyer, iipou the sale' pf any property in respect of the priii-. , . pipal 0? only wiiting, the pro'peHy sold, shall b' 6 cp^: veyect. to of .Ye's^e'd 'iii tlie prir- . phasCT,or any ojbher;. person pv. : _ persons by, %ik ilii eptipii (excep'i transfers expressly proyide'it fpr "by this'act)-^- •' ' ' ■ "\Vhere the purchase or cpnsiderar «_-^ tiorimipuey therein or tnereujipn expvessed shall not exceed LSO 0 5 0 And where the same shall exceed : .:; ■■?. Lso', 'arid not exceed _100 ' ..." Q. 10 0 / Arid where t|ie same shjill exceed .-■■; i LIOO, then fpr. eVery LpOj , antl a_y fractipnal part pf Lop ' ...p 5 Q The corisideratiph must' be truly .■■-•■ "'expressed ; i(i wprd's uppiijeach. principal deed of. conveyance,' v ' arid if yalrie be given in stock or , other .Eecuiiiy," its.; value nius^ / vi. iike, manlier, be set fprth in . /. f'uit:"' ''•. ■ -.'■'•';:• •,•■■:;'... , '■' ■.' : .'' '. ' V; ,■ ■. Wlttri coKsideiatiipn is in (jovcriit-- ■ • '•■'^^ merit .v'pv.^^ pther stpek or deben- ' •". .■'■■■-. '-tures ? 4he dirty is payable/ on V . the ayeragpEellipg price attlie : . ••'; ■'":-: tnne pi M-he eonyeyaricp. )fe - l '•;■-■ . ' >Pjror;?rty held . under different;/.--' ; ; ~^? f . iitUsj'Epld at one cntir^'iJrice, 7 ; ' ' ''.'.V (i) The '^uty as on4u Inlaridjßill of ■ '■". tJie'sairiQ ainQUiiii;aud tcn^u-." . ' ' (ft)' The 'saine Miluty asibn an Inland Bill of ssfme amouiit and toiu.-r. ; / ' ,;■■" ;;
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Bibliographic details
Grey River Argus, Volume III, Issue 173, 21 February 1867, Page 4
Word Count
977Page 4 Advertisements Column 1 Grey River Argus, Volume III, Issue 173, 21 February 1867, Page 4
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