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£ s, d. must be conveyed to buyer in separate parcels, so that a disr ' tinct price may be expressed 011 each conveyance, to be charged with the ad valorem duty. > Property contracted for by several persons jointly, or by one for himself and others, or wholly for others at one entire price fpr the whole, shall be conveyed in ' parcels by separate words con* taining statement of the share of purchase money paid foreach, so as to admit of the imposition i of an ad valorem Stamp Duty, j Where separate parcels are con? veyed to the use of different per* sous in one deed, such deed shall be charged in respect pf the aggregate purchase money, In case pf a sub-sale of property before a conveyance has been made, the conveyance shall then be to the sub-purch aser, with the pripe statedintheprincipal deed. ! When the subrsale s is made to various individual for different parts of the property, separate conveyances shall be made tp each with the consideration expressed on the principal deed. In pa^ of sub-sale, the sub-seller and purchaser deemed the seller and purchaser within the mean: ing of the Act. But in case of an actual conveyt ance of the interest of the person immediately selling to the sub* purchaser, which shall be charge, able with ad valorem duty, any 1 ' deed or conveyance made to sub> 1 purchaser afterwards by original peller shall be free of ad valorem duty, and liable only to ordinary ' stamp as a deed. Where property bought of different persons is conveyed to the buyer by a single deed, the ad viilorexa duty on the deed is cal« culated on the aggregate of thp various purchase moneys. Land sold subject to mortgage, op to any sum afterwards tobe paid, 1 duty is payable on the value of such mortgage or subsequent ' payment. Exemptions from tho preceding Duties on conveyances — Any grant from the Crown under the hand of the Governor for the time being of the Colony of New {Zealand to any purchaser of : Crown Lands iv New Zealand, Any certificate of title granted under the hand of the Registrar General, pursuant to -'The Land Registry Act, I860." : Deed, or instrument of any kind whatever, not otherwise charged in this Schedule „, Q 1 Q Exemptions from the preceding duties on deeds or instruments not otherwise charged in this Schedule — Apprenticeship and Clerkship — All instruments relating to the services of apin-enticcs, cjerks, or servants. Mortgage — All bonds and mortgages, whether affecting real or personal estate, bill of sale by way of mortgage, and all trans-, fers, agreements, releases, reconveyances, and discharges thereof. All preferable liens under " Tho Wool and Oil Securities Act, ISpS." All Customs bonds All administration bonds AU bonds on appointment pf special bailiffs. Draft, or order, including cheques, or orders on bankers for the payment of any sum of money to a payee named, or to a bearer, or to order, either on demand or otherwise, not otherwise charged 0 Q 1 Lea^e, or agreement fpr a lease, or any written document fpr the tenancy, or occupancy of any lands, tenements, or heredita-. ments, without any consid.era* tion by way of premium, the following duties in respect of the yearly rent — Where the yearly rent shall not exceed LSO ... 0 2 6 Where the same shall exce.ed LSO, and not exceed JJOO ' " ' ...0 5 0 Above LIOO. for every fractional part of LSO ... 0 2 6 Leask, or agreement for a lease of any lands, tenements, or here* ditaments, granted in cousidcra* tion of a siun of money by way of premium, without rent or with an annual rent (c.J. Lease of any lands, tenements, or hereditaments, granted in consideration of a sum of money by way of premium, and also of a yearly rent amounting to L2Q jvnd upwards (d). Exemptions from the preceding duties on lenses — Leases granted by the Crown o| any Waste Lands under the pro-, visions of any Waste Lands Act, or Gold Fields Act. Memorandum! of transfer under "The Land Registry Act, 1S0O" (cj. Policy of Insurance, or other in-, strument whereby any insur. ance shall be mado upon any ship or vessel, or upon any goods, merchandise, or other property on board of any ship Or vessel, or upon the freight. . thereof, covered by a Time Policy fpr any period not ex. 1 ceeding tlirce months ... Q 2 G And for all otiier Marine Policies, for every sum of LIOO, aud for every fractional part of LIOO .... Q \ Q Promissory Notes, payable to the . bearer on demand, issued by any. Bank or Banking Company, at the rate of, for every LJOO, of the average annual amount in circulation, as certified underthe "Banker's Returns Act, 185S" ...2 0 0 ReckU'T, or discharge given for or on payment of any sum oj * moiicy'pf t^ic ainQunff pf L 5 OK Upwards ... Q 0 1 * Exemptions from the preceding duties on receipts — Receipts given for or upon the ) payment of money to or for the use of, or by or on behalf of her Majesty. Receipts endorsed upon any i;u strument duly stamped tinder this Act, acknowledging, the receipt of the consideration money therein expressed. (c) The ad valoreyi duties payable upon a conveyance calculated on the consideration ■by way of premium expressed therein. (d) Both the ad valorem 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 eauie duty as for a conversance for ' the sale of lands for a like sum the contjideratipiuot Biy^Jxansfir. Jt

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https://paperspast.natlib.govt.nz/newspapers/GRA18670416.2.17.2

Bibliographic details

Grey River Argus, Volume III, Issue 196, 16 April 1867, Page 4

Word Count
937

Page 4 Advertisements Column 2 Grey River Argus, Volume III, Issue 196, 16 April 1867, Page 4

Page 4 Advertisements Column 2 Grey River Argus, Volume III, Issue 196, 16 April 1867, Page 4

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