Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 180, 9 March 1867, Page 4

STAMP DUTIES ACT, The following is* the new Stamp Duties i Act passed in the General Assembly of New Zealand last session, and whicji came into force on th.c Ist met j -■ . SCHEDULE I, Containing the Duties on Deeds and other Instruments relating to Transactions between Living Persons,. .«/V-d Agreement or any minute or me? ; morandnm of any agreement j under haud only, where the ! matter thereof shall be of the value of L2O or upwards j ■ whether the same shall only be evidence of a contract qrobliga- v : : tory on the parties from itsbeing • ; a written instrument, together ' witU eyery schedule repeipt or / other matter put or endorsed ?: thereon or annexed theretp 0 1 0 Provided always, that where divers letters shallbe offered in evidence to proye any agreement between the parties who shall have written such letters, it shall be sufficient if any of such letters . shalj be stampec' with a duty pf two shillings and sixpence. "Bills of Exchange— Inland Bill pf Exchange Draft or Order for the payment to the bearer pr to order at any time • otherwise than on demand of any sum of money not exceeding LSO ...0 1 0 Ditto, not exceeding LIOQ '„, 0 2 0 And where the si\m shall exceed LIOO, then for every LSO, and also for fractional part of LSO 0 10 Foreign BUI of Exchange drawn in but payable out of. the colony of New Zealand— :'' Jf drawn singly or otherwise thau in a set of two or more- (a) If drawn in sets of two, then for every bill of each set where the sum payable shall not exceed LSO ..:; 0 0 G And where it shall exceed LSO and not exceed LIOO ... 0 1 0 And where, the same shall exceed LIOO, then for every L 5.0 o.r any fractional part of LSO 0 0 6 If drawn in sets of three or nioTQ r~ for^very bill of each set where the sum payable thereby shall not exceed LSO ... 0 0 4 And where it shall exceed LSO and not exceed LIOO ... 0 0.8 And where the sjime shall exceed '. : LIOO, then for every LSO and also any fractional part of LSO 00 4 Exemptions from the foregohig duties on bills of exchange, aU debentures and treasury bill^ issued by the Government of New Zealand. All drafts or orders for the payment of any sum of money to the bearer oift , demand, drawn, upon <my banker, perspn, or company, are exempt from the foregoing duties but are subject to the duty of ldcharged upon drafts ortorders. Bill of Exchange drawn out pf the colony, but endorsed or- nego-. tiated within the colony, the. same duties as on a bill of ex-, change drawn within the colony, And payable within the colony (b) :. Promissory Note, for the payment in any other manner than to the bearer, on demand, oi any sum of money not exceeding L 25 0 0, 6 Exceeding L 25, not exceeding LSOQ 1 0 Promissory Note, for the payment either t© the bearer, on demand, or in any other manner than to the bearer, on demand, of any sum of money exceeding LSO and not exceeding LIQO ... 0 2 Q Where i/he sum shall exceed L,loi) then fox eyc?y LSO, and fracr . tional part of LSO ...0 1 0. Exemptions frpm the foregoing duties on promissory notes, but not from any other duty to. which the same may be liable. All promissory not^s, for the payment of money on demand, ;f issued by any Bank or Banking Company in New Zealand authorised to issue such notes, and making such returns, and paying such compositions as is in this Act respectively men-t . { tioiied. All bills, drafts, or ordeiSi or pro-missoi-y notes for the payment by any Bank or Banking Com-, pany of any mm of money, though not made payable tp. the bearer or to order, and whether delivered to the payee or not, and all writings or decu-. ments entitling any' person tp the payment by any Bank or Banking Company of any sum of money, whether the person to whom payment i? to bo made shall be named or desig-. nated therein or not, or whether the shall be dc4ivered to him pr not," shall respectively be deemed to be bills, drafts, or orders for the payment of money chargeable with Stamp . Duty, as if the sa;ne had Veen in^de payable to bearer or to order. Bjll of Lading, or receipt in lieu thereof from master, mate, or agenfc of any vessel, for any goods, merchandise, or effects to be c«irried to any place be-, yond the boundaries of the colony^ — for every such bill of. lading, or receipt, or copy there-, of ...Q'JkO Conveyance — \:. - Of any kin#l or descriptiou what- " ; soever, upou the sale of any property in rcspept of the prhu cipal or only writing, whereby the property sold shall be con-, veyed to or veßted in the pur- * chaser, or. any- other person or persons by his dii ection (except transfers expressly provided for by this act) — Where the purchase or cpnsideva--tion money therein or. thereupon f .sxpressed shall not exceed LSO 0 5 0 - "And where the saitic.shall exceed LSO, and iiot exceed LIOO ... 010 0 And where the same shall exceed LIOO, then for every Lso* and any fractional part of LSO ...0 5. 0 The consideration must be truly „,•—*■ — expressed in worda upon each principal deed' of conveyance, and if value be given in stock or other security, its value must in like manner be set forth in, full. When consideration is in Govern-, xnent or other stock or debentares, the duty is payable on the average selling pi ice at the time of the conveyance. Property held under different titles, sold at one entire price, -. '{a) The same duty as on an Inland Bill of came amount and tenor. (6) The tame duty a3 on an Inland Bill of tlie same amount and tenor,