Page 4 Advertisements Column 4

Grey River Argus, Volume VI, Issue 385, 2 July 1868, Page 4

£ s. d. Where the purchase pr cpnsideration money therein or thereupon expressed' shall not exceed LSO 0 5. 0 And where the same shall exceed LSO, and not exceed LIOO ... 010 0 And where the same shall exceed LIOO, then for every LSO, and any fractjpnal part pf LSO ... 0 5, D The consideration must be truly expressed in words upon each principal deed of conveyance, and if value be given in stock or other security, its value must in like manner be set forth in ful. When consideration is in Goyern? ment or pther stock or deben? tures, the duty is payable on the average selling price at the time of the conypyano<\ Property held p^dei different titles, Bold at fue entire pfice, must be conveypd to buyer in separate parcels, so that a dis T tinct price may be expressed on each conveyance, to be charged with the ad valorem duty. Property cpntractedfor by several persons jointly, or by pne for himself and others, or wholly for others at one entire price for the whole, shall be conveyed in parcels by separate words containing statement of the share of purchase money paid for each, 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 bp charged in respect of the aggregate purchase money, In case pf a sub-sale of prpperty before a conveyance hap been made, the conveyance shall then betosiesub-purchaser, with, the price statedintheprincipal deed. When the sub-sale is ma.de to various individuals for different parts of the property, separate conveyances shall be made to each with the consideration expressed on the principal deed. In cases of sub-sale, the sub-aeller and purphaser deemed the seller and purchaser within the meaning of the Act. But m pase of an actual conveyance of the interest of the person inimedjaifcely selling to the sub? purchaser, which sballbe chargeable with ad valorem duty, any deed or cpnveyance made to sub': purchaser afterwards by original seller shall be free of ad valoreyfr duty, and liable only to ordinary stamp as a deed Where property bought of difr f erent persons is conveyed to the buyer by a single deed, the ad inUoi-em duty on the deed is calculated on the aggregate pf the various purchase moneys. Land sold subject to mortgage, or to any sum afterwardstobepaid, duty is payable on the value of j such mortgage or subsequent payment. Exemptions from tho preceding Puties 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, 1860." 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 in this Schedule — Apprenticeship and Clerkship — All instruments relating tp the services of apprentices, clerks, or servants. Mortgage — All bonds and mortgages, 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. Dbaft, or order, including cheques, or orders on bankers for the payment of any sum of money to a payee namedi 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 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 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 con- . 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 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 conf sideration therein expressed, and a lease in consideration of a rent of the same amount,