£ s. d. must' be conveyed to buyer in separate parcels, so that a disr tinct price may be expressed on 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 for the whole, shall be conveyed in parcels by separate words 'containing statemeut of the share of pu rchase mon ey paid for each, so as to admit of the imposition of an ad valorem Stamp Duty. Where separate parcels are con? veyed to the use of different per ; sons iii one deed, such deed shall be charged m rcspept of the aggregate purchase money. In case pf a sub-sale of property before a conveyance has been made, the conveyance shall then bctothesub-purcbaser, with the price statedintheprincipal deed. When the subrsale s is made tq various individual for different parts of the property, separate conveyances shall be made tp each with the consideration expressed on the principal deed. In cases of sub-sale, the sub-seller and purchaser deemed the seller and purchaser within the incaiir ing of the Act. But in pase of an actual conveyr ance of the interest of the person immediately selling to the subj purchaser, which shall be chargejible with ad valorem duty, any deed or cpnvcyauce made tp subr purchaser afterwards by original seller shall h& free of ad valorem duty, and liable only to ordinary stamp as a deed. Where property bought of dif : ferent persons is conveyed to the buyer by a single deed, the ad vitlorem duty on the deed is caU culateil on the aggregate of the various purchase moneys. Land sold subject to mortgage, or to any sum afterwardstobepaid, duty is payable on the value of such mortgage or subsequent payment. Exemptions from the preceding Duties pn 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 oif Crown Lands in New Zealand. Any certificate of title granted under the hand pf the Registrar. G eneral, pursuant to ' ' The Land Registry "Acti ISGO." Deed, pr instrument of any kind whatever, not otherwise charged in this Schedule . Q \ 0 Exemptions from the preceding duties pn deeds or instruments not otherwise charged in this Schedule— Apprenticeship and Clerkship-^-r All instruments relating to the services of apprentices, clerks, pr servants. Mortgager— All bonds and mort-. j gages, whether affecting real or personal pstate, bill of sale by way of mortgage, and all trans-, fcrs, agreements, releases, ret conveyances, and discharges, thereof. All preferable liens under '■' The Wool and Oil Securities Act, ISSS." All Customs bonds All administration bonds . All bonds on appointment of special bailiffs. Draft, or order, including cheques, or orders on bankers fpr the pay-, nient pf any sum of money to a 9 payee named, or to a bearer, or to order, cither pn demand or otherwise, not otherwise charged Q 0 1 Lease, p.r agreement for a lease, or any written document for the tenancy, or occupancy of any lands, tenements,' or heredita-. ments, without any consid^ra? tio,n by way of premium, the following duties in respect pf | the yearly rent— Where the yearly rent shall no,t i exceed LSQ ... 0 2 G Where the same shall exceed Lad, and not exceed LIOO ... 0 0 0 Above LI OO. fpr every fractional ' part of LSO ' " ..'. 0 2 G Lease, or agreement for a lease of any lands, tenements, or hereditaments, granted in cpnsidcra; tion of a sum of money by way of premium, without rent or with an annual rent (c). Lease of any lands, tenements, or hereditaments, granted in con-: sideration pf a sum of money by way of premium, and also 91 a yearly rent amounting to L2O and upwards (d). Exemptions from the preceding duties on leases — Leases granted by the Crown of any Waste Lands under the pro-, visions of any Waste Lauds Act, or Gold Fields Act. Memorandum of transfer under "The Laiul Registry Act, 15W" (e).\ Policy of Insurance, pr other in* strument whereby any insur? ance shall be made upon any ship or vessel, or Aipon any goods, merchandise, or other property on board of any ship yr vessel, or upon the freight thereof, covered by a Tinie Policy fur any period not exceeding three months ... 0 3 G And for all other Marine Policies, for every sum of LIUO, and for every fractional part of LIOO ... 0 10 PuomissokS^Notes, payable to the bearer on demand, issued by any Bank or Banking Company, at the rate of, for every Ll 00, of the average annual amount in circulation, as certified under the "Banker's Returns Act, 1S58" ... 2 0 Q Receipt, or discharge given for or . on payment of any sum o| 1 money of the amount of L 5 or upwards ... 0 0 1 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 in* strument duly .stamped under this Act, acknowledging the receipt of the consul oration money therein expressed. (t) The ad valorem duties payable upon a. conveyance calculated on the consideration by way of premium expressed therein. . ... (d) Both the ad raloreyt duties payable upt>n^,a,:t I convoy;i l ncc accord ingjto ih'e considei .ition "'ijieicin c\pi^scdj#|nd ih.i&ein coibed.U'iub'fo'Qf'a'i.cnt 01 thjfpime S~~' — 1 >- :^- --_fl_B|M_ti_M_j_k_- /v ' -■ / C( '/' ( J"
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Bibliographic details
Grey River Argus, Volume III, Issue 199, 23 April 1867, Page 4
Word Count
918Page 4 Advertisements Column 2 Grey River Argus, Volume III, Issue 199, 23 April 1867, Page 4
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