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STAMP DUTIES ACT. The following is the new Stamp Duties Act passed in the General Assembly of New Zealand last session, and which came info force on the Ist Jan : - SCHEDULE I. Containing the Duties on Deeds anp other Instruments relating to Trans? actions between living persons. £ 8. d Agreement or any minute or memorandum' of 'uriy agreement under hand only, where the matter thereof shall be of the value of L2O or upwards'; whether the same shajl only be" evidence of a contract' or obligatory ori the parties from its being a written instrument, together with every' schedule receipt or , other matter put or endorsed thereon or annexed thereto ""' 0 1 0 Provided always, thatwhe'redivers letters shallbe 6ffered in ejaSence to prove any agreement BBtween the parties who shall haye 1 written such letters, it shall be sufficient if any of such letters shall be stamped :With a duty of two shillings and sixpence. Bills of Exchange— Inland Bill of Exchange Draft or 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 £1 )0, then for every LSO, and also for fractional part of 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 iriore fa) If drawn in sets of two, then for every lill of each set where the sum payable shall not exceed LSO ... 0 0 6 And where it shall exceed LSO and not exceed LIOO ... 0 1 0 And where the same shall exceed LIOO, then for every LSO or any fractional part of LSO 0 0 G If ilrawn in sets of three or more for every bill of e*ch set where the sum payable thereby shall not exceed LSO ...0 0 4 And where it shall exceed LSO and not exceed LIOO ... 0 0 8 And where the same shall exceed LIOO, then for every LSO and also any fractional part of LSO C 0 4 Iximptions from the foregoing duties on bills of exchange, all debentures and treasury 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 exemptfrom theforegomgduties but are subject to the duty of 1 d charged .upon drafts or'orders. Bill of Exchange drawn out of the colony, but endorsed or negotiated within the colony, the same duties as on a bill of exchangedrawn within the colony, - and payable within the colony ( h ) 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, on demand, or in any other manner than to («) The same duty as on an Inland Bill of the same amount and tenor, 4 (f>) The same duty as on an Inland Bill of the same amount and tenor

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18680910.2.20.2

Bibliographic details

Grey River Argus, Volume VI, Issue 415, 10 September 1868, Page 4

Word Count
543

Page 4 Advertisements Column 2 Grey River Argus, Volume VI, Issue 415, 10 September 1868, Page 4

Page 4 Advertisements Column 2 Grey River Argus, Volume VI, Issue 415, 10 September 1868, Page 4

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