I * d - Conveyance — Of any kin«l or description whatsoever, upon the sale of any property in respect of the principal or only writing, whereby the property sold , shall be conveyed to 6"r vested in the pur : chaser, or any other person or persons by jus direction (except transfers expressly provided for by this act) — Where the purchase or consideration money therein or thereupon expressed- shall not exceed LSO 0 5 0 And where the same shall exceed LSO, and not exceed LIOO ...0 10 0 And where the same shall exceed LIOO, then for every LSO, and any fractional part of LSO ... 0 5 0 The consideration must be truly expressed in words upon each principal deed of conveyancej and if value be given in stock or other security, its value must in like manner be set forth in ful. " When consideration is in Governr inent or other stock or debentures, the duty is. payable on the average selling price at the time of the conveyance. Acknowledgment given for money deposited iv any Banks to be accounted for Receipts for moneys paid into Land, Building, and Investment Societies. Transfer, except by way of Mortr gage, of any run or station held under lease or license, or promise of lease or license, from the Crown, or of any interest therein, where the declared value pf the said run or station, or interest, or the value thereof * assessed as in this Act provided, shall not exceed LIOO ... 0 10 0 And where such value shall exceed LIOO, then for every LIOO, and any fractional part of LIOO 0 10 0 Transfer of any share or shares in the stock and funds of any corporation, company, or society • whatever in New Zealand, upon sale thereof — Where the purchase, or consideration money therein expressed, shall not exceed L2O ... 0 1 0 Exceeding L2O, and not exceeding LSO ... 0 2 6 Exceeding LSO, and not exceeding LIOO •'" ... 0 5 0 For every additional LSO. or fractional part of LSO ... 0 2 .6 SCHEDULE 11. Containing the Duties on Probates op Wills, and Letters or Administration. Probate of a Will, and letters of Administration with a Will annexed, where the effects, as sworn to by the Executor or Administrator, shall be — Under the value of LIOO ...1 0 .0 Above the value of LIOO, and uuderL2oo ...2 0 0 Above the value of L2OO, and under L3OO ... 3 0 0 Above the value of L3OO, and under L4OO ' ...4 0 0 Above the value of L4OO, and under LSOO ...5 0 0 And above LSOO ... 1 per cent. Letters of Administration, without a Will annexed, where the .. effects, as sworn to by the Administrator, shallbe — Under the value of LIOO ... 1 10 0 Above the value of LIOO, and under L2OO ...3 0 0 Above the value of L2OO, and under L3OO ... 4 10 0 Above the value of L3OO, and under L4OO ' ...6 0 0 Above the value of L 400,. and. under LSOO ... 7 10 0 And above LSOO ... 1 4 per cent. SCHEDULE 111. Containing the Duties on Legacies, and Succession to Personal Estate, under any Testamentary Disposition, or upon Intestacy. Legacy duty to be charged on every legacy, specific or pecuniary, to the value of more than L2O, given by Will, out of personal estate, or charged on real property, or of money to arise from such sale or mortgage of real property. Also for the clear residue decending to one or more persons afterpayment, of debts, funeral ex* penses, and legacies above the, value of L2O: after passing of this Act. In like manner on the clear resi» due of money arising from mortgage or sale of real pro.T perty, after : deducting debts, funeral expenses, and legacies as before, when the residue amounts to above L2O. Legacy or residue decending to child or deceridant of child of deceased, or to father, mother, or lineal ancestor of deceased,, pays one per cent duty Ll per cent, Legacy or residue devolving on brother or sister or their descendant pays three per cent duty ... L 3 per cent. To uncle or aunt, or their decendr; ants, pays five per cent duty L 5 per cent. To grand-uncle or to grand-aunt, or to their decendants, pays six per cent duty ... L 6 per cent. To any more distant, collateral relation, pays seven per cent duty . . ■ 1 ... L 7 per cent. And when it devolves upon a stranger to the blood of the de- , ceased, it pays ten per cent duty •■■ LlO per cen:
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GRA18670905.2.15.3
Bibliographic details
Grey River Argus, Volume IV, Issue 257, 5 September 1867, Page 4
Word Count
758Page 4 Advertisements Column 3 Grey River Argus, Volume IV, Issue 257, 5 September 1867, Page 4
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