Page 4 Advertisements Column 5

Grey River Argus, Volume V, Issue 345, 31 March 1868, Page 4

£ s. d. must be conveyed to buyer in separate parcels, sp that a disr 3 tinct price may be expressed o^ r each conveyance, to be charged 3 with the ad valorem duty. Property cpntracted for by several persons jointly, pr by pne for; himself and others, or wholly 3 for others at one entire price fpr 1. the whole, shall be conveyed in parcels by separate words con? taining statement of the share pf purchase money paid for each, so as to admit of the imposition of an ad valorem Stamp Duty, Where separate parcels are coni veyed to tho use of different persons in one deed, such deedshal} be charged in respect of the aggregate purchase money. In case of a sub-sale of property before a conveyance has been made, the conveyance shall then ) betothesub-purchaser, with the. price stated in the principal deetl. When the sub-sale is made, tfl various individuals fpr different parts of the property, separate conveyances shall be made to each with the consideration exr pressed on the principal deed. In cases of sub-sale, thesubrseller; and purchaser deemed the seller and purchaser within t|ie meant ing of the Act. But in case of an actual convey; ance of the interest of the person immediately selling to the sub; ) purchaser, which shallbe pharge } able with ad valorem duty, any deed or ponveyance made to sub; purphaser afterwards by original } seller shall be free pf ad valorevi duty, and iiable only to ordinary stamp as a deed Where property bpught pf dif? f erent persons is conveyed to the buyer by a single deed, the ad vulore]n duty on the deed is calculated on the aggregate pf the various purchase moneys. 5 Land sold subject to mortgage, or to any sum afterwards tp be paid, ) duty is payable on the value of such mortgage or subsequent payment. J Exemptions from tho preceding Duties pn cpnveyances — Any grant from the Crown under the hand of the Governor for the t time being of the Colony of New Zealand tp any purchaser of 3 ■ Crown Lands in New Zealand. Any certificate of title granted under the hand of the Registrar 1 General, pursuant to ' ' The Land .Registry Act, 1860." Deed, or instrument of any kind whatever, not otherwise cnarged in this Schedule ... 0 1 Q Exemptiqns from the preceding duties on deeds or instruments not otherwise charged in this : Schedule — Apprenticeship and Clerkship — All instruments relating tp the services of apprentices, clerks, or servants. Mortgage — All bonds • and mortr gages, whether affecting real pr personal estate, bill of sale by way of mortgage, and all transr fers, agreements, releases, re r conveyances, and discharges thereof. All preferable liens under " Th.9 Wool and Oil Securities Act, ]858." 5 A\\ Customs bonds ) All administration bonds. All bonds on appointment of special bailiffs, Draft, or order, including cheques, or prders on bankers for the pay? ment of any sum of money to a ) payee named, or to a bearer, op to order, either on demand or otherwise, nototherwisecharged 0 0. } ) Lease, or agreement fpr a lease, or, any written document for the tenancy, or occupancy of any lauds, tenements, or hereditaments, without any consideration 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 exceed LSO, and not exceed LIOO ... 0 5. Q Above LIOO. for every fractional part of LSO ' ... 02 6, Lease, or agreement fpr a lease of any lands, tenements, or hereditaments, granted in consideration of a sum of money by way of premium, without rent or witn an annual rent (c). Lease of any lands, tenements, or. hereditaments, granted in conr sideration of a sum of money by way of premium, and also of 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 Lands Act, or Gold Fields Act. Memorandum of transfer under "The Land Registry Act, Policy of Insurance, or other instrument whereby any insur? ance shall be made upon, any ship or vessel, pr upon any goods, merchandise, or other property on board of any ship or vessel, or upon the freight thereof, covered by a Time j Policy for any period not exceeding three months ... 0. 2 6 And for all other Marine Policies, for every sum of LIOO, and for every fractional part of L 100... 0 1 0 Promissory Notes, payable to the bearer on demand, issued by any Bank 01* Banking Company, at the rate of, for every LIOO, of the average annual amount in • circulation, as certified under the "Banker's Returns Act, 1.858" ... 2 0 Q Receipt, or discharge given for or ) on payment of any sum of money of the amount of L 5 or ) upwards ... 0 0 \ 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 tb,e receipt of the consideration money therein expressed. (c) The ad valorem duties payable upon a conveyance calculated on the consideration by way of premium expressed therein. {d) Both the ad valorevi 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 same duty as for a conveyance for f the sale of lands for a like sum the consideration of such transfer.