STJUKE AND SON, ■/** (Late by special appointment jfco his Excellency Sir Geo. Grey, KC.B.) IMPORTERS, ALE AND PORTER BREWERS, CORDIAL MANUFACTURERS, AND BOTTLERS OF ENGLISH PORTER, GREfMQUTH A-JSTD CHAELESTO|j r ,
STAMP DUTIES ACT. The following is the new Stamp Puties Act passed in the General Assembly of New Zealand last session, and whicl} came into force on the Ist Jan j - SCHEDULE I. con^aikinp the duties on deeds and other Instruments relating; to Transactions between Living Persons. £ s. d Agreement or any minute or memorandum of any agreement under hand pnly, where t]ie matter thereof shall be of the value of L2Q or upwards j whether the same shall only be evidence of a contract or obligatory on the parties from its being a written instrument, together with every schedule receipt or other matter put or endorse;! therepn or annexed thereto 0 } 0 Provided always, that where divers letters shallbe offered in evidence to prove any agreement between the parties who shall have written such letters, it shall be sufficient if any of such, letters shall be stamped with a duty pf two shillings and sixpence. Bills of Exchange— \ Inland Bill pf Exchange Draft pr Order for the payment to the bearer or to order at any time otherwise than on demand of any sum of money not exceeding LSO ... 0 1 0 Ditto, not exceeding LIOO ... 0 2 0 And where the sum shall exceed LIOO, then for every LSO, and also for fractional part pf LSO 0 10 Foreign Bill of Exchange drawn in but payable out of the colony of New Zealand-^ If drawn singly or otherwise than in a set of two or more (a) If drawn in sets of two, then fpr every bill of each set where the sum payable shall not exceed LSO ... Q 0 6 And where it shall exceed LSO and not exceed LIOO ..,0 1 0 And where the same shall exceed LIOO, thep for every LSO or any fractiqnal part of LSO 0 0 6 If drawn in sets of three or more for every bill of each set where the sum payable thereby shall not exceed Jjso - 0 Q 4 And where it shall exceed LSO and not exceed LIOO ... Q 0 8 And where the same shall exceed LIOO, then for every LSO and also any fractional part of LSO C 0 4 Exemptions from the foregoing duties on bills of exchange, all debentures alid treasnry bills issued by the Government of New Zealand, All drafts or orders for the payment of any sum of money to the bearer on demand drawn upon any banker, person, or company, are exempt from the foregoing duties but are subject to the duty of Id charged upon drafts orjorders,. Bill of Exchange drawn out of the colony, but endorsed or nego^ tiated within the colony, the same duties as on a bill of exchange drawn within the colony, and payable within the colony (b) Promissory Note, for the payment in any other manner than to the bearer, on demand, of any sum of money not exceeding L 25 0 0 6 Exceeding L 25, not exceeding LSO 0 10 Promissory Note, for the payment either to the bearer, oh demand, or in any other manner than to the bearer, on demand, of any sum of money exceeding LSO and not exceeding LIOO ...0 2 0 Where the sum shall exceed LIOO then for every LSO, and : fractional part of LSO ...0 10 Exemptions from the foregoing duties on promisory notes, but not from any other duty to which the same may be liable. All promissory notes, for the payment of money on demand, issued by any Bank or Banking Company in New Zealand authorised to issue such notes, and making such returns, and paying such compositions as is in this Act respectively mentioned. A 1 bills, drafts, or ordeis, or promissory notes for the payment by any Bank or Banking Company of any sum of money, though not made payable to the bearer or to order, and whether delivered to. the payee or not, and all writings or documents entitling any person to the payment by any Bank or Banking Company of any sum of money, whether the person i to whom payment is to be made shall be named or designated therein or not, or whether the shall bo delivered to him or not, shall respectively be deemed to be bills, drafts, or orders for the payment of money chargeable with Stamp Duty, as if the same had been made payable to bearer or to order. Bill of Lading, 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 colony — for every such bill of lading, or receipt, or copy thereof 1 ( Conveyance — Of any kind or description whatsoever, upon the sale of any property in respect of the principal or pnly writing, whereby the property sold shall be con-* : veyed to or vested in the purchaser, or any other person or persons by his direction (except transfers expressly provided for by this act) — (a) The same duty as on an Inland Bill o the same amount and tenor. (b) Tho same duty as on an Inland Bill o the same amount and tenor
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Bibliographic details
Grey River Argus, Volume VI, Issue 385, 2 July 1868, Page 4
Word Count
895Page 4 Advertisements Column 3 Grey River Argus, Volume VI, Issue 385, 2 July 1868, Page 4
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