l^D SON, 3WEES, CORDIAL MANUFACTyREp, ENGLISH PORTER, D CHARLESTON. £ s. d. 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 LlOO ...0 10 0 Arid where the same'shall exceed LIOO, then for every LSO, and any fractional part pf LSO ...0 5. Q The consideration must be truly expressed in words upon each principal deed of cpnyeyance, and if value be given in stock or pther security, its yalne must in like manner be set forth in • ful : • ;■; When consideration is in Government pr other stock or debentures, the duty is payable on the average selling price at the time of the convpyanc. Property held vrdei different titles, sold at cue entire price, must be conveyed to buyer in separate parcels, so that a dis ; tinct price may be expressed on each conveyance, to be charged with the ad valorem duty. Property contracted for by several persons jointly, or by pne for himself and others, or wholly for others at one entire price for the whole, shall be convej^ed in parcels by separate words containing statement of the share of purchase money paiiUoreach, so as to admit of the imposition of an ad valorem Stamp Duty. Where separate parcels are conveyed 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-sale of property before a conveyance has been made, the conveyance shall then be to the sub-purchaser, with the price statedin 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 exr pressed on the principal deed. In cases of sub-sale, the sub-seller and purchaser deemed the seller and purchaser within the mean: ing of the Act. But in case of an actual conveyance of the interest of the person immediately selling to the sub: purchaser, whichshallbecharge able with ad valorem duty, any deed or conveyance made to sub; purchaser afterwards by original seller shall be free pf ad valorenq duty, and liable only to ordinary stamp as a deed Where property bought of dif^ f erent persons is conveyed to the buyer by a single deed, the ad, vulorem duty on the deed is cal, culated on the aggregate of the various purchase moneys. Land sold subject to mortgage, or to any sum afterwardstobepaid, duty is payable on the value of such mortgage or subsequent payment. Exemptions from the preceding Duties on conveyanegs — Any grant from the Crown undeu the hand of the Goveri^pr 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, hot otherwise charged in this Schedule t ... 0J 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 mortt gages, whether affecting, real pr personal estate, bill of sale by way of mortgage, and all transr fers, agreements, releases, rer conveyances, and discharges thereof. All preferable liens under "The Wool and Oii 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 payment of any sum of money to a payee named, or to a bearer, or to order, either on demand or otherwise, not otherwise charged 0 0 0 Lease, or agreement for a lease, or any written document for the tenancy, or occupancy of any laads, tenements, or hereditaments, without any considera- ; tion by way of premium, the following duties m respept of the yearly rent — Where- the yearly rent shall not exceed LSO ... 0 9 6 Where the same shall exceed LSO, and hot exceed LIOO " ' ... 05/ 0 Above LIOO. for every fractional part of LSO ' ... 0 ? 6 Lease, or agreement for a lease of any lands, tenemenis, : . pi* here- : ditaments, granted in consideration of a sum of money /byway of premium, without rent or with an annual rent (c.). Lease of any lands, tenenients, or hereditaments, granted in consideration of a sum of ijnoney by way of premium, arid also of a yearly rent amounting to L2ty ' and \ipwards ( 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. (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 rent of the same ampun^
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Bibliographic details
Grey River Argus, Volume V, Issue 363, 12 May 1868, Page 4
Word Count
831Page 4 Advertisements Column 5 Grey River Argus, Volume V, Issue 363, 12 May 1868, Page 4
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