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£ s. d. t^ie bearer, on demand, of any sum of irioney exceeding L 5 and not exceeding' Ll oo ... 0 2 fl Whep the sum shall exceed LI 00 1 then for every LSO, and 'fractional part of LSO ...0 1 0 Exemptions from the foregoing duties on promisory 1 notes, but not from ariy' 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 authorise:!, to issue such notes) and making such ' returns, and paying siicb compositions as is in this Act respectively mentioned; ' ' A I' bills, drafts, or ordeis, or pr.o---v missory' notes for the payment by aiiy Bank or Banking Company' of any sum of money! though not made payable t6 the "bearer or 1 to order^ and whether delivered to the payee or notj and all writings or documents entitling any person to the payment by any Bank or Banking Company of any sum of m'oniy, whether the person to wlibm 1 payment is ; to be made shall be named or designated therein or not, or whether the shall be : delivered 'to him or not, shall respectively be deemed to be bills, drafts, or orders for the payment of money chargeable wijjh 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 ' ariy vessel, for any goods, mercbandise, or effects to be parried to any place beyond "the boundaries of the colony — for every such bill of lading, or receipt, or copy thereCo NVEYANCB — Of any kinA or description whafc--1 soever,' upon 'the sale of any property, in 'respect of the principal or'only writing, whereby the property, soltl' shallbe conyeyed^ tp ot |ested in the purchaser, or 'any other person of persons b.y his direction (except transfers 'expressly provided for b'ythifactp * ' T Where the^ purchase or considerat ion moneytherein or. thereupon expressed shall not expeed' LoO 5 ( And where the same shall exceed LSO, and not exceed LIOO ... 010 ( And where ttiq same shall exceed 1 LIOO, then for every LSO, and any fractional par b of LSO ..! 0 5 ( The consideration must be truly expressed in words upon each principal deed of ' coiiyeyance, and if value be given in stock or other security, its value 'must in like niauneV be set forth in ful. . ■ ■ " Wh.en, consideration in Government or other' stock'or debentures, the duty is payable on the average selling price at the time of the cbnwyanp'r . Property held urdei different titles, sold at cue entire price, must be conveyed to buyer in separate parcels, so that a distiuct price may be expressed on each conveyance, to be charged • with the i'qd valdrem 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 foreach, 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 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 betothesub-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 purchassr within the meaning of the Act. But m case of an actual conveyance of the interest of the person immediately selling to the subpurchaser, which shall be charge able with ad valorem duty, any deed or conveyance made to subpurchaser afterwards by original seller shall be free of ail valorem duty, and liable only to ordinary 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 calculated on the aggregate of the A r arious purchase moneys. Land told 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 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 Lauds in New Zealand. Any certificate of title granted under the hand of the Registrar Genvml, pursuant to " The Land Registry Act, 1860," Deeb, or instrument of any kind whatever, not otherwise charged in this Schedule ... 0 1 G 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 paj'ee named, or to a bearer, or to order, cither on demand or otherwise, not otherwise charged 0 0 1

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18680910.2.20.3

Bibliographic details

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

Word Count
927

Page 4 Advertisements Column 3 Grey River Argus, Volume VI, Issue 415, 10 September 1868, Page 4

Page 4 Advertisements Column 3 Grey River Argus, Volume VI, Issue 415, 10 September 1868, Page 4

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