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i , f £ s. ci T> ikiipwlcdgment giveiv'fpr mpney J-l deppsitcd.in any Banks tp be accounted for . 7.;'^v;. v jceipts for moneys paid v into Land,- Building, and Investment Societies. nsfek, except by way pf Mort- Ca" gage, of any run or station held underlease or license, or promise of lease or license, from the Crown, or of any interest therein, where the declared 1 value of tlie said run or station, or interest, or the value thereof assessed as in this Act provided, Pr( shall not exceed LIOO ... 0 10 0 Liid where such value shall ex- • ceed LIOO, then for every. LIOO, and any fractional part of LIOO 0 10 0 vnsfbr of any share or shares in the stcck and funds of any corporation, company, or society whatever in New Zealand, upon sale thereof— ♦ yhere the purchase, or consideration money therein expressed, shall not exceed L2O ...0 1 0 Exceeding L2O, and not exceeding LSO •• ° 2 G Exceeding LSO, and not exceeding LIOO \ ... 0 5 0 ?or every additional LSO. prfrac- ' tional part pf LSO \ •. ... 02 C SCHEDULE; 11. NTAIMXG THE DUTIES ON PROBATES OF /"ILLS, AND LBTTBKB:'Q-|kI>MI»»T«AWO». ti :obate of a Will, an %^.?J' s of st Administration, withM >> i" annexed, where the efflfcots, as sworn to by, tlie 1 . Exewutor or AtUninistratpr, .shall be*— Under the value pf LIOO 1 ... 10 0 Above the value of LlOf), aild under L2OO .1 ...8 0 0 Above the value of L2o(f i wd U under L3OO /I ••• 3 ° ° AbovJ the value of L 300.1 and I Als®^lie value of L4oo,laiui '• y u»LSOO^ 1 •• 5 °\9\ And above Ls(t I::. 1 Pweenfcyl , !TTERS OF ABMINISTitATIOX, M ■J* 1 " P out a Will ainiejeed, where ■Re effects, as sworn to by tbeJ» a * ministrator, shall be — M ft Under the value of LIOO &>> uu " Above the value of LIOO, ai«« under L2OO " •■: rf v v Above the value of L2OO, an» under JjoOO •••• Abpve the value pf L3OO. amm under L4OO "JM Ab6ve the value pf L4OO, and» /under LSOO ••• ■Leent Aud above LSOO -lil« ci cent< SCHEDULE 111. Mi ).NTAIMXG THE DUTIES ON LeGACIES^^ AXD Succession to Personal Estate, )ER ANY TESTAMENTARy DISPOSITION, oß'"Bp,9 N ' Legacy duty tp be charged on every legacy, specific or P^^^^^^^Mj ff^H^t^P^i :•■ PrJ^^|etf pn real property, pr of money to arise fromsuch sale or mortgage of real property. Also for tlie 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 money arising from mortgage or sale of real property, after deducting debts, funeral expenses, and legacies as before, when the residue amounts to abpve L2O. Legacy or residue decending tp child pr decendant pf child pf ,_ deceased, pr tp father, mother, pr lineal ancestpr pf deceased, pays pne per cent duty LI per cent Legacy pr residue devolving on brother or sister or their descendant pays three per cent duty . . L 3 per cent '■ Tp uncle pr aunt, pr their decendants, pays five per cent duty Lo per cent 1 Tp grand-uncle pr tp grand-aunt, pr tp theiv decendants, pays six • per cent duty ... L 0 per cent Tp any more distant, collateral relation, pays seven per cent duty - . ; . ... L 7 per cent And' when.: it" devolves; upon a stranger tothe blood of the de- ; ceased, 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 : Legatee 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 es. tates, or effects-devolving on husband or M'ife of the docehsed, are exempt frem legacy duty SCHEDULE IV, Duties of Successions to Real and Per sonal Estate— Where the -successor shall be the lineal issue or lineni ancestor of • the predecessor^ / duty upon the vaine of the succession at the rate of , ; - ... LI per cent 1 Where the decendaut' shall be a brother pr sister to a decendant. of a brother^ otsiatefpf the pre. decessor, a duty ujipn the value .. pf the succession pf ... L 3 per Qent Where the successpr shall be a. brpther or sister of "the -father or mother, or a 'decendant of a I brother or sister, of the father or mother of the predecessor, a dxity upon the value of wie succession of ... L 5 per cent [ Where the successor shall be a brother or sister of the grandfather or graudmpther pr a decendant Pf a brother or sister of the grandfather "or grandmother of the predecesspr, a duty uponjlj^ the value pf , the - successien|flHp v Where the, successor shall be in any other degi-ee of collateral consanguinity to the predecessor ..than is hereinbefore de- = scribed, a duty upon the value .... , of the succession of . .... L 7 percent 1 Where the. successor shall^be a' L , stranger in. blood to thepr^er cessor, a dutyiip^n theWahie s .of the succession of LlO per cent • Exeniptions frpm v.the foregoing .•^duties: — All successions given . v to^ or in trust : f or, or which shall devolve uppn, pr be acquired by the husband pi 1 wife pf the predecessor ' „ : './>^^^^^^^ i '. '.-. •-.;' ■'■■.''•- ' ■ ; ;-

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18670321.2.21.3

Bibliographic details

Grey River Argus, Volume III, Issue 185, 21 March 1867, Page 4

Word Count
886

Page 4 Advertisements Column 3 Grey River Argus, Volume III, Issue 185, 21 March 1867, Page 4

Page 4 Advertisements Column 3 Grey River Argus, Volume III, Issue 185, 21 March 1867, Page 4

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