Page 4 Advertisements Column 5

Grey River Argus, Volume VI, Issue 386, 4 July 1868, Page 4

£ 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 LIOO ... 010 0 And where the same shall exceed LIOO, then for every LSO, and any fractional part of LSO ...0 5 0 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 Govern' ment or other stock or deben<tures, the duty is payable on the average selling price at the time of the coriwyanf*. Property held I'j-dei different titles, sold at $ne 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 one 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 con« veyed to the use of different perr sons 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 stated in 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 expressed on the principal deed. In cases of sub-sale, the sub-seller and purchaser deemed the seller and purchaser within the meaning of the Act, But in case of an actual conveyance of the interest of the person immediately selling to the subpurchaser, which shallbe chargeable with ad valorem duty, any deed or conveyance made to sub* purchaser afterwards by original seller shall be free of ad valorem duty, and liable only to ordiuary stamp as a deed Where property bought of different persons is conveyed to the buyer by a single deed, the ad vulorem duty on the deed is call culated on the aggregate of the. various purchase moneys. Land sold subject to mortgage, ox to any sum afterwardstobepaid, duty is payable on the value of such mortgage or subsequent payment. Exemptions from the preceding 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, 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 to 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. 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, nototherwisechargedO. 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 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. (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 amount.