£ s. d. Conveyance — Of any kind or description whatspever, upou the sale of any property in respect of the principal or only writing, whereby the property sold shall be conyeyed to or vested in the purchaser, or any other person or persons by his diiection^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 ... 010 0 And where the same shall exceed TvlOO, 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 conveyance, • ■ v and if value be given in stock or other security, its value must in like manner be set forth in f ul . When consideration is in Government 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 in any Banks. to be accounted for ■ Receipts for moneys paid into^ Land, Building, and Investment Societies. Transfer, except by way of Mortgage, of any run or station held r»-,. under lease or license, or promise of lease or license, from the Crown, or of any" interest therein, where the declared value of 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, ' arid 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, orconsidera- ' tion 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 of Wills, and Letters of 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 ...10 0 Above the value of LIOO, and under L2OO ...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, shall be — Under the value of LIOO ...110 0 Abpve the value of LIOO, and under L2OO- ...30 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 L4OO, and under LSOO ... 7 10 0 And above LSOO ...^percent. 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 irom such sale or mortgage of real property. Also for'the clear residue decending to one or more persons after payment of debts, funeral expenses, and legacies above the value of L2O after passing of this Act. In like manner on the clear> residue of money arising from mortgage or sale of real pro--perty, after deducting debts, tuneral expenses, and legacies as before, when the residue amounts to above L2O. Legacy. 1 .or residue decending to child or decendant 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 decendarits, 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 v ':j ... L' 6 per cent. To any more diafjant, collateral' relation, pays: sey en per cent ' duty ■;',' V\- y^. ... L 7 per cent. Ajid whijn.uL:' devolves upon a; . strangeht.d^lhe bipod of the deceased, W pay§ ten* per cent ' ..■■ {fytM '-': •:•' L !° per cen
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Bibliographic details
Grey River Argus, Volume IV, Issue 260, 12 September 1867, Page 4
Word Count
747Page 4 Advertisements Column 3 Grey River Argus, Volume IV, Issue 260, 12 September 1867, Page 4
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