~T>( £ s.. d. must be ponveyed to buj^r in >'/ separate parcels, bo thatja jlis- ' tinct price may be expressed on §m)\ conveyance, tp»»e'charged with the ad valor/pi duty/ -' Property contraptgdfor by several persons jointly,, pr by pne for himself and^p'thers, or wholly for others afone entire price for tJie wholp, shall be conveyed in parcels by separate words containing statement of the share of purchase money paid for each, so as to admit of the imposition ' pf an ad valorem. Stamp Duty. Where separate parcels are conveyed to tho use of different persons in one deed, such deed shall be charged in respect of the aggregate purchase money. In case pf a subrsale.., of property before a conveyance has been made, tbe conveyance shall then betothesub-purchaser, with the price statedintheprincipal deed. When the sub-saleg is made to various individual" for different parts of the property, separate conveyances shall b e made to each with the consideration expressed on the principal de6d. In cases of sub-sale, the sub-seller and purchaser deemed the seller and purchaser w ithin the meaning of the Act. . But in case of an actual convey r ance of t^e interest of the person immediately selling to the subpurchaser, whichshall be charger able with ad valorepi duty, any (h?ed pr ppnveyance made to sub; purchaser afterwards by original seller shall be free of ad raloreyi duty, and liable only to ordinary stamp as a deed. Where property bought of difr ferenfc per&pns is conveyed to the buyer by a single deed, the ad vulorein duty on the deed is calr culated on the aggregate of the Varipus purchase moneys. Laud spld subject to mortgage, or to any sum afterwardstobepaid, duty is payable pn the value of such mortgage pr subsequent payment. ' , , Exemptions frpm the preceding Duties pn cpnvey.ances — Any grant from the Crown under the hand of the Governor for th.c time being of the Colpny of New Zealand to any purchaser of Crown Lands in New Zealand. Any certificate of title granted under the hand of the Registrar General, pursuant to "The Land Registry Act, 18b'O." Deed, or instrument of any kind whatever, not otherwise charged in this Schedule .0 1 Q Exemptions from the preceding duties on deeds or instruments not otherwise charged in this Schedule — Apprenticeship and' Clerkship— All. instruments relating to tho services of apprentices, clerks, Or servants. Mortgage — All bonds and morti gages, whether affecting real or personal estate, bill of sale by way of mortgage, and all transfers, agreements, releases, reconveyances, and discharges thereof. All prefei*able liens under " The Wool and Oil Securities Act, 1*858." All Customs bonds All administration bonds All bonds on appointment of special bailiffs. Drafi 1 , or order, including cheques, or orders on bankers for the payment of any sum of money to a payee named, pr t° » bearer, pr to order, either on demand pr otherwise, notothcrwisecharged 0 0 1 Lease, or agreement for a lease, or any written document for the tenancy, or occupancy of any lands, tenements, or hereditaments, without any consideration by way of premium, the fo}lp\ving duties in respect of the' yearly rent — Where the yearly rent shall not exceed LoO ... 0 2 6 Where the same shall exceed LSO, and np.t expeed LIOO ...0 5 0 Above LIOO. for every fractional i partpf LSO . ... 0 2 6 Lease, or agreement for a lease of any kinds, tenements, or hereditaments, granted ill consideration of a sum of money by way pf premium, without rent or * with an annual rpnt ( p). Lkask pf any lands, tenements, pr hereditaments, granted m coiir 'sideratipn'of a sum of money by way of premium, and also of a yearly rent amjjunting to L2Q and upwards (d). Exemptions from the preceding duties on leases — Lpases granted by thp Crown of any Waste Landg under the provisions pf any Waste Lauds Act, or Gold Fields Act. Memorandum of transfer under "The Land Registry Act, 1S00" ((.J, Policy of Insurance, or other instrument whereby any insurance shall be made upon any ship pr vessel, or upon any goods, merchandise, or other property on bpard of any s}iip or upon th.p freight tj&rcpf, covered by a' Time PoTicy for any period not ex- "■ ceeding three months ... Q 2 6 Ajul for all other Marine Policies, for every sum of LIOO, and for every fractional part pf L 100... Q \ 0 jPiioaussonY Notes, payable to the bearer on demand, issued by any Bank or Banking Company, at the rate of, for every LIOO, of the average annual amount in circulation, as certified under the "Banker's Returns Act, 1858" ' '. ' ... 2 Q 0 RECKirT, or discharge given for oron payment of any'; sum. of nipney pi the ampunt of L{s or upwards ...0 0 1 Exemptions froni the preceding duties on receipts^rReceipts given tor or upon the payment pf money to or for the use of, or by or ou behalf pf her Majesty. ' E&spipts endorsed upon any iiu '- duly stamped uudcr v!{ this Act, acknowledging th.c '"■"receipt of the contidpration money therein expressed. (c) The ad raloreyi duties payable upon a conveyance calculated on the consideration by way of premium expressed therein. (d) Both tbe ad valor an duties payable upon a conveyance according to the consideration therein expressed, and a lease in consideration of a rent of the same amount. (c) The same d«,t,y as for a conveyance for the sale of land, for a like turn the confcider^tion of bw\i transfer. W /
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Bibliographic details
Grey River Argus, Volume III, Issue 186, 23 March 1867, Page 4
Word Count
910Page 4 Advertisements Column 2 Grey River Argus, Volume III, Issue 186, 23 March 1867, Page 4
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