Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image

Where the purchase O r consideration money therein or thereuppn expressed shall not exceed LSO P {J Q And where the same shall exceed LSO, and not exceed Lloo' % ... OID 0 And where the same shall exceed LIOO, then for eyery L.50, and any fractional papt of LSO .„ Q 5 Q The consideratipn must be truly expressed in words upon each principal deed of conveyance^ and if value be given in stocjc or other sepurjty, its value must in like manner be set forth jn f ul . When consideratipn is in Government or pther stock or debpn : tures, the duty is payable pn the average selling price at the time of the qonypyanc" . Property helc). vrdei different titles, sold at cue 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 contrapted for by several Eerspns jointly, or by one for imself and pthers, or wholly for others at one entire price for the whole, shall be conveyed in parcels by separate words containing statement of the share pf purchase money paid for each, so as to admit of the imposition pf an 'qd valorem Stamp Duty. Where separate parcels are con : yeyed to tliouseof different per-; sons in one deed, such deed shall be charged' jn respect qf the aggregate purchase money. In case pf a sub : sale of property before a' cpiiyeyance has been made, the conveyance shall then betothesub-pur'chaser, with the price statedinthe 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 ex : pressed on the prinpipal deed. In cases of subrsale, thesub : seller. and purchaser deemed the seller and purchaser wjthin the mean : ing of the Act, But in case of an actual cpnvey : ance of the interest pf the person immediately selling to the sub: purchaser, whichshallbecjiarge able with ad valorem duty, any deed or convey4 n P e niade tpsub; purchaser afterwards by original seller shall be free of ad vajoreiy duty, and liable' p.nly to ordinary stamp as a deed Where property bought of $f: ferent persons is. conveyed to buyer by a single deed, the ad vulorem duty on the deed is cal : culated on the aggregate of the various purchase m.pneys. 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. Exemptions from tho precediug Duties on conveyances^- ( Any grant from the Crown under the hand 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, 1560." Deed, or instrument of any kind whatever, not otherwise charged in this Schedule ... 0 1 0 Exemptions from the preceding duties on deeds or instruments not otherwise charged inth^s 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 transfers, agreements, releases, reconveyances, 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 pay* ment of any sum of money toa payee named, or to a bearer, or to order, either on demand or otherwise, nototherwisecharged 0 0 0, Lease, or agreement for a lease, or any written document for the tenancy, or occupancy of any ' laads, tenements, or heredita? ments, without any considerar tion by way of premium, tb,e following duties in respect of the yearly rent — Where the yearly rent shall not exceed LSO ... ft 3 6 Where the same shall exceed LSO, and not exceed LIOO ... 0 5 0 Above LIOO. for every fractional part of LSO ... 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 pro* visions of any Waste Lands Act, • or Gold Fields Act. (c) The ad valwem 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 amount.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18680604.2.23.5

Bibliographic details

Grey River Argus, Volume VI, Issue 373, 4 June 1868, Page 4

Word Count
824

Page 4 Advertisements Column 5 Grey River Argus, Volume VI, Issue 373, 4 June 1868, Page 4

Page 4 Advertisements Column 5 Grey River Argus, Volume VI, Issue 373, 4 June 1868, Page 4

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert