Page 4 Advertisements Column 3

Grey River Argus, Volume IV, Issue 271, 8 October 1867, Page 4

$ s, d. or not, and all writings or docu? * nients entitling any person tp the payment by any Bank or Banking Company pf any sum pf money, whether the person tp whom payment is to be. made shall be named or desigj + nated therein or not, or whether tfie shall be delivered to him or not, shall respectively be cleemed to be bills, drafts, or prdersfor the payment of money chargeable wij;h Stamp Duty, as if the same had been made payable to bearer pr to order. Bill of Laping, or receipt in lieu thereof from master, mate, or agent of any vessel, for any goods, merchandise, or effects to be carried to any place beyond the boundaries of the cpjpny — for every such bill of lading, or receipt, or copy thereof .10 PpNVEYANCE — . Of any kinA 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 or vested in the purchaser, or any other person or persons by his direction (except transfers expressly provided for by this act) — . Where the purchase or consideration money therein or thereupon expressed shall-nbt exceed LSO 0 5 0 And where tHe'saine shall exceed LSO, and not exceed LIOO ... 010 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 conveyance, 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 Government or other stock or debentures, the diity is payable on the average selling price at the time of the conveyance. Property held under different titles, sold at one entire price, must be conveyed to buyer in separate parcels, so that a distinct 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 statement of the share of purchase money paid for each, so as to admit of the imposition of au ad valorem Stamp Duty. Where separate parcels are conveyed to the use of different persons iv one deed, such deed shall be charged in respect pf the aggregate purchase money. In case of a sub-sale of property before a conveyance has been made, the conveyance shall then be to the sub-purchaser, with the price stated in the principal deed. When the sub-sale, is made to various individuals for different parts of the property, separate conveyances shall be made to .each with the consideration expressed on the principal deed. In cases of sub-sale, the sub-seller i and purchaser deemed the seller and purchaser within the meaning of the Act. :But in case of an actual conveyance of the interest of the person immediately selling to the sub- , purchaser, which shallbe chargs • able with ad valorem duty, any deed or conveyance made to subpurchaser afterwards by original seller shall be free of ad valorem < du;fcy, 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 . vulorem duty on the deed is calculated, on the aggregate of the various purchase moneys. Land sold subject to mortgage, or to-any sum afterwards to be paid, duty is payable on the value of such mortgage or subsequent payment. Esteniptions from the preceding : Duties on conveyances-^ Any grant from the Crown under the haud of the Governor for the time being of the Colony 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, ; 1860." . •Deed, or instrument of any kind whatever, not otherwise charged in this Schedule - "... Q 1 0 '■• Exemptions from the preceding ■ ."T ■■■■