STAMP DUTIES ACT, : . The following i 8 #ie new .^tainp Ppties kct passed in the Genepal Assembly of New Zealand .last session, .anA which, came into force on the }sfc in?t ; ; -^ .'' ' SCHEDULE L C'ONTAINJNa -THE JDuq?IE.S OX DEEtff* AXD ' othep Instruments relatixi; to Transactions B.F/nVEKX JA VIXII PERSONS.. A V V £ s. d Agreement or any minute or memorandum of any agreement - Under hand only, where the .matter thereof shall be pf the j'alue of L2O or upwards; Whether the same shall only be . evidence of a contract or obligatory on the parties from its being v written instrument, together with every schedule receipt or other matter put or endorsed thereon or annexed thereto 0 10 Provided always, that where divers letters shallbe offered in evidc nee to prove any agreement between the parties who shall have written finch letters, it shall be . sufficient if any pf such letters shall bestanipet l with a duty of two shillings and sixpence. BlI^S OF ExCHAXfiE— ' ' Inland Bill pf Exchange Draft or Order for tlfc payment to the . bearer or to prder at any tinie otherwise than pn d.eniniul pf ] any sum of monpy not exceeding LSO ' ... 0 10 Ditto, not exceeding LI PP. ... Q 2 0 And where the sn?n Eljall expect! LIOO, then for every Jj-vP, and also for fractionjil part pf Lis(j 0 1 0 Fpreign Bill pf Esc]iiinge drawn —-' in but payable out pf thp colony -."'" of New Z.ealanflr— "'"''''. If drawn singlji k op-(,'i,ner.wise tfran, in a^jset^jr twp pr mpre (a) If.-tkaw'u in sets of t^vp, then fpr eyei^y bill pf each set where the • sum' payable shall .npt exceed LSO -■• . ■'■ " . ft 0 6 And where it sh.all ex,peed LSO " j and npt exceed L|oo ... Q \ 0 And w^iefe tlve sapie g^ivU exceed LIOQ, tfcen. fpr eyery LgO pr any f^ictipnal part pf LSO P Q 6 If drawn in sets pf three pr more for every bill of each set where the sum' payable hereby s]iall ■* npt exeped LSQ . ' ... Q Q 4 And where it shall exceed, L{so ami not exceed T4OO . Q 0 8 A"d where the same sh.all exceed. LIOO, then fpr every L.50 and alsp any fractional part of L.50 Q Q 4 Exemptions fropi t|ie fpregping duties on bills pf exchange, all debentures $\\& treasury bills • issued by tjvp Gpverninent q| New Zealand.. AU drafts oyorders fpr the payment of any Kum pf uip.ney to t u 9 bca,rer on demandi drawn uppn any banker, pcrspn, oy company, arc exempt frpm tlie foregoing duties but arc subject tp the duty of ldchargpd upon drafts or'prders. pill of Exchange drawn out pf the colony, but endorsed 'or negp-: tinted within the polony, the . same duties as on a bill of ex-, change drawn within the colony, and payable within the cplpny (b) -' • ' . I'romissorj' Note, fpr the payment in any other manner than to the bearer, pn demand, pf any sum of mpney npt, exceeding L 25 0 Q p Exceeding L2s,npt exceeding LSOQ 1 0 PromißSpry Note, for t|ie payment either tp the bearer, on demand, or in any pthpr manner than tp. the bearer,' on deiiiaud, pf any sum of nioney exceeding LSU an.4 PP-t pxceedvng LIOO ... p 2 Q Where the sum shall exceed LIQP then for every LSO, and frapT tional part of LSO ... 0 1 0, Exemptipns froni the foregoing duties pn prpmisspry notes, but not frpm any pther duly to which the s^nic may be lijiblc.. All promißßpry notes, for thp payment of nioney pn demand, issued by any Bank (iy Banking Company in New Zealand, authorise;! to issue such notes, and making such returns, and paying such compositions as is in this Ac(, respectively uieiW f 1 tioiied. r All bills, drafts, pr prdeis, oy prot niiaspry notes fpr Ihe payment , by any Bank pr Ban^mg Conijuiny of any suni of money, though not wade payable to, the bcarey py to pydpr, and whether delivered t(» the payee pr npt, and all writings or documents entitling any perspn tp. ihe payment by aiiy Bank or Banking Company pf any suiu pf money, whether thp person, to whopi payment is tP be nnule shall be named or desig-. 'iiatcd therein or npt, or whether - the §h.iill bo. delivered to him o.rnot, shall resiiectively be ■.-■■■..■. "/.'.deemed to be bills, drafts, or brdersforthepaymentof liioney chaygeable -\vith Stamp Duty, as if the same had been made, payable to bearer or to order. Bjll or Laijincs, or receipt in lieu thereof froni master, mate, or agent of anj' Vesßel, for any goods, merchandise, or effect's to l)e carried to any place beyond (he boundaries of the colony — for every such bill pf lading, or receipt, or copy therci of. ■:■'■• ■"'" -v Q \ 0 C'JNYKYANCE— Of any kinsl or descriptioii what-: soever, upon the sale pf any property in rtspept of the principal or only Writing, whereby ' the prpperty sold shall be coiii . veyed! tp or vested in the purt pliaser, pr any other person or • perspns b}' his <liiection (except . transfers expressly prpvided forpy this act) — k "\Vheyc the purchase pr cpnsideya-: ■teqar^fifon money therein or thereuppn expressed "shall not v exceed LSO ft 5 0 And wheyc the same shall exceed •'■■' LSO, and v»ot exceed HOO'" ... 0 0 Anywhere- the sanie shall^cxcccd. LIOO, then fov cveiy LoO, and airy fractional payt of LfiU ... 0 5 0 The consideration um£t be truly expressed in VPVds upon each, principal deed of ppnveyancp, andif vall»e,be given su slpik or . other secuiity, its value unist in like maiiucy be sot forlji \\\ fxill. ■\Viiui coutidpratipu is in Govenit ment or pther stock or debcit?. •"■•turcs, the s 'duty_ is .y nyablc on ■ the average {plJiug price at the '■:."■■ -timpbf thecdiyeyaiicp. 5 ■'■.•■•'.■-■./'■■:' ? .5 > rppert.y-;' : liel(l- u'.dir different • ."; titles,, sold at one entire price, (a) The sjiine duty {is on an Jnljind Bill ;.of - the saroe amount aiidtenpy. : '. (pj Thp same :.duty as 011 an Inland Bill of |^ the same amount ;md tawi: ■:■■ ■.':
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Bibliographic details
Grey River Argus, Volume III, Issue 174, 23 February 1867, Page 4
Word Count
991Page 4 Advertisements Column 1 Grey River Argus, Volume III, Issue 174, 23 February 1867, Page 4
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