Page 4 Advertisements Column 5

Grey River Argus, Volume V, Issue 349, 9 April 1868, Page 4

£ s. d. must be conveyed to buyer in separate parcels, so that a disr tinct price may be expressed on each conyeyance, to be charge^ with the ad valorem duty. , Property contracted for by several persons jointly, or by p»e for himself and others, pr wholly for others at one entire price fpr the whole, shali be conveyed in parcels by separate words con? taining statement of thie share pf purchase money paid for each, so as to admit of the imposition of an ad valorem Stamp Duty. Where separate parcels are cpnr veyed to the use of different persons in one deed, such deed shall be charged in respect of the aggregate purchase money. In case of a sub-sa}e pf property before a conveyance has been made, the conyeyance shall then betothesub-purchaser, with the price statediii the principal deed. When the sub-sale is made to various individuals for different parts of the property, separate conveyances sha}} p'e made to each with the consideration expressed on the prinpipal deed. In cases of sub-sale) the sub-seller and purchaser deemed the seller and purchaser wi^in the meaning of the ActBut in case of an actual convey? ance of the interest pf the person immediately selling to the subpurchaser, which shall becharge able with ad valorem duty, any deed or conveyance madetosubr purchaser afterwards by original seller shall be free of ad valorem duty, and liable pnly to ordinary stamp as a deed Where property bought of dif: ferent persons is conveyed to the buyer by a single deed, the ad, vulorem duty pn the deed is calculated on the aggregate of the. various purchase mpneys. Land sold subject tp mortgage, or to any sum afterwardstobepaid, duty is payable on the value of such mortgage or subsequent, payment. Exemptions from tho preceding Duties on conveyances — Any grant from the Crown under. the hand of the Governor for the time being of the Colony pf New Zealand to any purchaser oij. 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 \ 0 Exemptions from the preceding duties on deeds or instruments not otherwise charged in this Schedule — Apprenticeship and Clerkship — All instruments relating to the services of apprentices, clerks, or servants. Mortgage — All bonds and mort: gages, whether affecting real or personal estate, bill of sale by way of mortgage, and all transt fers, agreements, releases, re- • conveyances, and discharges thereof. All preferable liens under " The Wool and Oil Securities Act, 1858." All Customs bonds All administration bonds All bonds on appointment of special bailiffs, Draft, or order, including cheques, or orders on bankers for the payr ment of any sum of money to a payee named, or to a bearer, or to order, either on demand or otherwise, nototherwisecharged Q. 0 Lease, or agreement for a lease, or any written document for the tenancy, or occupancy of any lands, 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 0 Above LIOO. for every fractional partofLso ...0 2 6 Lease, or agreement, for a lease of any lands, tenements, or hereditaments, granted in consideration 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 consideration 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 provisions of any Waste Lands Act, or Gold Fields Act. •Memorandum: of transfer under "The Land Registry Act, 1860" (c). Policy of Insurance, or other instrument whereby any insure ance shall be made upon any ship or vessel, or upon any • goods, merchandise, or other property on board of any ship or vessel, or upon the freight, thereof, covered by a Time' Policy for any period not exceeding three months ... 0. ? 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 or Banking Company, at the rate of, for every LIOO, of the average annual amount in circulation, as certified under the "Banker's Returns Act, ISSS" ... % 0 0, Receipt, or discharge given for or on payment of any sum of money of the amount of L 5 or upwards ... 0 0 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 instrument duly stamped under this Act, acknowledging the 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 valorem duties payable upon a conveyance according to the consideration therein expressed, and a lease in consideration of a rant of the same amount. (c) The same duty as for a conveyance for the sale of lands for a like sum the consideration of such transfer.