Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 186, 23 March 1867, Page 4

STAMP DUTIES ACT. __ " * y The following "is tbe new Stamp Puties Act passed in the General Assembly pf New Zealand last session, and which game into force pn tlje Ist inst j - SCHEDULE I r - oont-ajking the duties on deeds and Qtheu Instruments relating to Trans- • actions betavekn living persons.. <- -*««$- -x £ »• d :^A(sJEeeijient or any minute or met j^fc: morandum of any agreement I>: ]f under hand only, where the jnattertherepf shall be of the Value pf L2O or upwards j .whether the same shall only bs evidence of a contract pr obh'ga« tory on the parties frpm its being a wi'itten instrument, together with every schedule repeipt pr other matter put or endorsed ? therepn or annexed thereto Q 1 0 Provided always, that where divers letters shallbe offered in evidence to prove any agreement between the parties who shall have written such letters, it shall bp sufficient if any of snch lettej-3 shall be stamped with a duty pf two shillings and sixpenpe, "Pills of ExpHANfiE— Inland jiill of Exchange Draft or Order for the payment to the bearer ; ;pr to order at any time ptherwise than on demand of ftny sum of "money not expeed- " ingLso \* ... 0 1 0 Pitto, not exceeding LIOO "... 0 2 0 And where the sum shall exceed . LIOO, then for every Lj5P, and li - also for fractional part of LSO 0 10 I Foreign Bill p.f Exchange drawn I in but payable out of the colony of New Zealand — / If drawn singly or otherwise than in a spt of two or more (of) Jf drawn in sets of two, then fpr fcvery bill of each set where the I sum payable shall not exceed LSO ... 0 0 6 And where it shall exceed LSO »-,/ and not exceed LIOO ... 0 J 0 '_ And where the sanie shall exceed ■' LIOO, then for every 1,50 or . W*W fractional .part pf LSO 00 6 Jf drawn in sets pf three or mpre for every bill of each set whpre i the sum payable thereby shall ' not exceed LSO ... Q 0 4 And where it shall exceed LSO and not exceed LIOO ... 0 0 8 ! And where the same shall exceed LIOO, then for every LSO and ■ .' also any fractional part of LSO 0 0 4 Exemptions from the foregoing duties on bills of exchange, all S debentures and treasury bills , issued by the Government of . . New Zealand. All drafts or prders for the payment of any I sum of money to the bea,rer 011 V demand, drawn upon any ft banker, person, or company, are the foregoing duties ■ s but are subject to the duty of ■ ' ldcharged upon drafts or'orders. [ .Pill of Exchange drawn out; of the colony, but endorsed or negoM. within the colony, the I same duties as on a bill of exI changedrawn within the colony, , •' andrjayable within the colony ' Promissory Note, for the payment in any other manner than to the bearer, on demand, of any sum of money not exceeding L'2s 0 0 (> H Exceeding L 25, npt exceeding LSO Q \ 6 H Promissory Note, for the payment ™ eitlier to the bearer, on demand, or in any other manner than to. the bearer, on demand, of any sum of money exceeding LSI) sind npt exceeding J4QO -.••. Q 2 0 Where the sum shall exceed LIOO then for every LSO, and f racL .„ tional part of LSO ... 0 \ 0 _ 1/ ' Exemptions from the foregoijig " ' duties on promissory notes, bl't not frpm lj y other duty tp which the same may be liable. • AH promissory nptes, fpr the payment pf mpney pn demand, issued by any Bank or Banking Company in New Zealand authorised to issue such notes, and making such returns, anil paying such compositions as is m this Apt respectively men? 1 tioncd. All bills, ("raEis, or ordcis, or pro ; - _ missory noles for the payment by any Bank or Banking Company of any sum of 'niouey, though not made payable tp the bearer pr to order, and whether delivered to the payee or not, and Jill writings or documents entitling any pcispn to the payment by any Bank piBanking Company of any sum of money, whether the person to whom payment is to be made shall be named or desig-. nated therein or not, or whether the shall bo delivered tp him or not, sjiall respectively be deemed to be bills, drafts, or - r prders for the payment of money !& chargeable with Stamp Duty, ' |||, as if the same had been madp 1 Wjf payable to bearer or to order. IP Bill oy Laping, or receipt inlie\i Wr- thpreof from master, mate, 0r- ".% agent of any vessel, for any vg^~ gopds, merchandise, or effects fp 3 tp be carried to any place be-. 1 youd tbe boundaries of the colony — fpr every such bill of/ lading, pr rcceipt,'or 'copy .there? Pf , 0 Conveyance— Of any kini or description what-, speyer, upon the sale of any property in respect of the prim cipal or only writing, whereby the property sold shall be con-, vej'ed to or vested in the purchaser, or any other person or persons by his dii ection (except transfers expressly provided for by this act]— Where the purchase or canudcra? tion money therein °r thereupon expressed shall not exceed LuO 0 5 0 And where the same shall exceed LSO, aud not exceed LIOO ."- ... 0 10 0 And where the same shall exceed LIOO, then for every Lso^ and any fractional part pi LSO ... Q 5 0 The consideration must be truly expressed in words upon each principal deed of conveyance, .and if value be given in stoi k or othpr sepurity, its value must in like manner be set fpilh i« full: When consideration is in Govern* ment or other stock or debentures, the duty is payable pn the average belling price at the time of the conveyance. Property held under different titles, sold at one entire price, («) The same duty as on an Inland Bill of the same amount and tenor. , - . [b) The same duty as 011 an Inland Bill of f ' fhg same amount and tenor /