Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 184, 19 March 1867, Page 4

?" STAMP DUTIES ACT. The following is the new Stamp Duties , Act passed in the General Assembly of New ' Zealand last session, and which came into '• .force on the Ist inst t - >?'-*&•• SCHEDULE I. *'** tP ■j Containing the Duties on Deeds and other Instruments relating to Transactions between Living Persons... £ s. d v • Agreement or any minute or mejnoriimlum of any agreement t under hand only, where t?ie : niatter thereof shall be of the value of L2O or upwards j whether the same shall only. bo evidence of a contract or Obligatory on the parties from its being : : . a written instrument, together r with every schedule receipt or ,: ■ c " ' - other matter put or endorsed v ' thereon or amiexed thereto 0 10 Provided always, that where divers letters sh'allbe offered in evidence. to prove any agreement betweeu the parties who shall have written such letters, it shall be , sufficient if any of, such letters shall be stamped >vith a duty of two shillings and sixpence. Bills of Exchange — Inland Bill of Exchange Draft or Order for the payment to the \ bearer or! to order at any time, otherwise than on demand'- of - any sum of money not exceeding LSO- s ... 0 1 0 Ditto, nojuexceediug LIOO ... o' 2 0 « i\nd"wsere the sum shall exceed r LlO6, then for every LSO, and also for fractional part of LSQ 0 1 0 I Foreign Bill of Exchange drawn in but payable out of the colony of New Zealand— % , . I If drawn singly or othenvise than i in a set of two or more (a) I' . If drawn in sets of two, then for 1 fcvery bill of each set where the -is.i^. sum payable shall not exceed J And where it shall exceed LSO / and not exceed L 10 0;. ...0 1 0 I And: where the same shall exceed / . LIOO, /then for every Lr>o or any fractional })art of LSO Q Q 6 If drawn in sets of three or more for 'every bill, of each set where the sum payable thereby shall not exceed LSO „.0 0 4 And where it shall exceed LuQ and not exceed JLlOO ... 0, 0 8 And where the same shall exceed LIOO, then for every LSO and jdso any fractional part of LSO 0 0 4 "Exemptions from the foregoing duties on bills o.f exchange, all debentures ond treasury bills issued by the Government of New Zealand. All drafts or- , orders for the payment of any suni of uioney to the bearer oil - ' "demand, drawn upon any **~*~^ banker, person, or company, are ' exempt from the foregoing duties but are subject to the duty of -" Id charged upon drafts or'orders. "*^""— - ißill of Exchange drawn out of the colony, but endorsed or nego-. tiated within the colony, the &$„ ♦ same duties as on a bill of ex- % i change drawn within the colony, . and payable within the colony ■'.-, \ ffij ■:.. ■■■■■. • Note, for. the payment • ' B **^? jji any other manner than to the . bearer, oh-denutntl, of any sum ' of money not exceeding L 25 0 0 6 JExceeiling L 25, not exceeding LSO Q \ 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 LIOO „.0 2? 0 the sum shall exceed WQQ ■,-". *^ then for ever}' LSO; and fracv » tional part of LSO ... 0 1 0 Exemptions from the foregoing duties on promissory notes, but not from any other duty to which the same may be liable. AH promissory notes, for the payment' of 'money .on demand,. issued by any Bank or Banking ■■^. Company in Hew Zealand • authorised to issue such notes, jiud making such .returns, ami paying such compositions as iis m this Asi respectively men? tioiied. All bills, <"»af ,s, or prdeis, or proT "j , missory notes for the payment ' by any Bank or Banking Com • pany of any sum of .'monejy '■ though not marie payable ta the bearer or to order, and •whether delivered to the payee ; or not, and all writings oy docuV J.., j'; ments entitling any "person to. j •■ the payment by any Bank or : Banking Companj r of any sum ■ ■of money, whether the person to whom payment is to be. made shall be named w de?ig- r .nated therein or not, or whether ;: the shall be delivered to him cn 1 ■i' : - ; not, shall respectively be deemed to be bills, drafts, or : : : ordersforthepayment of money : chargeable with Stamp Duty, '■••■'■■' y-X\ as if the same hadbeenmade / payable to bearer or to order. cf Lading, oy receipt in lieu. ' thereof from master, mate, or agent of any vessel, for any goods, merchandise, or effects to be carried to any- place-' be- . , : yond the boundaries of the . colony— for eyevy such bill of lading, or receipt, or co^jythcre-- ■• of ■- ' ;-' ■■■.'■■. ' ■■:• .■' '■ Vo Mr' Of any kin*! or description whatr^ soever, upon the sale of any : property in respect of the prin-. * : cipa) or only writing, ■'whereby ..,. i :; the property sold shall be con-. veyed to or vested in the piir- ' chaser, or any other person or :. - persons by his diiection (except --, '. transfers exj>ressly provided for ;^; ' by this act)— ..;.;.- ■ ' Where the purchase or considera-* - tion money therein or thereupon : : -expressed shajl^t excc^Lso o^s 0 •'■■■"'An'd-'.wheK&'Hw' same shall exceed ./■■'•' t ':y;;-';:^i|) >^^not"_exceeli..'Lloo ... 0 10 0 ' A?^y™e r e the :. : s'anie. shall exceed v %IaQO, then^ f6r.eyery^Lso, aad r ■^ i: ' > ..any'ira'ctionalpj^.'pf : ''LSO . ?.. 0 5 0 : ' The consideratiou^inust be truly expressed in rwordai, upon each principal deed. ;p£ andif value be given fn.stock or b't'Kej'!?seteuiityi-,-its^aliVe-'niust ; in be -set forth in ;...•' ,;•-. : ,,,ittUvfe ; " ■'•■ •-.■■.■■:" :^' ■ ■■■ ■- .Mr^hei consideration is>in Govcni■^7vl7v ; iieint»-or- other stock or deben- •.:;-..'. /i.;' ; tnres; tlie duty is payable. on .-.'■■ • ;7 „the average selling price at the , : '< V : ' : -'" time of the conveyance. : ; ;- --.■ j» r V perty held under different ' : :'";,;V'titles, sold at. one entire price^ ;> - («.) The s«aine duty as on an Inland Bill of the same amount aud tenor. . . . :?7---(b) The same duty as on an Inland JJill -of the same amount and tenor i. -.7^#; :^ . (■■■■■