•£. s t d Receipts endorsed upon any instrument duly stamped under this Act, acknowledging the receipt of the consideration, money therein expressed. Acknowledgnient given fpr money deposited in any Banks to b£ accounted for Receipts for moneys paid into. Land, Building, ' and Invest; inent Speieties. Transfer, except by way of Mortr gage, of any run pr station held under lease or license, or promise of leas,e or Jiceßse, from the Crown, qr of any interest therein, where |he declared/ value pf the said run or station, pr interest, or the value thereof assessed as in this Act prqyided, shall not exceed LIOO ' ... QlO 0 And where such value shall exceed LIOO, then for every LIOO, and any fractional part of LIOO 0 10 0 Transfer of any share or shares ip. the stock and funds of any cor: poration, company, ; or society whatever in New Zealand, upoti sale thereof — Where the purchase, or consideration money therein expressed, shall not exceed L2O \.'. 0 10 Exceeding L2O, and not exceeding Lso' ... 0 2 6 Exceeding LSO, and not exceeding LIOO ... 0 5 0 For every additional LSO, orfrac: tional part of LSO ... 0 2 6 SCHEDULE 11. Containing the Duties on Probate? of. Wills, and Letteks of Administration. Probate of a Will, and letters of ' ' Administration with a Will annexed, where the effects, as sworn to by the Executor or Administrator, shall be — Under the value of LIOO ... 1 0 0 Above the value of LIOO, and under L2OO ...'2 0 0 Above the value of L2OO, and " ' under L3OO ... 3 0 0 Above the value of L3OO, and under L4OO .. 4 Q 0 Above the value of LIOO, and under LSOO ...5 0 0 And above LSOO ... 1 per cent. Letters of Administration, without a Will annexed, where the effects, as sworn to by the Administrator, shall be — Under the value of LIOO ...110 0 Above the value of LIOO, and under L2OO ... 3 0 0 Abovft the value of L2OO, and under L3OO ...410 0 Above the value of L3OO, and under L4OO ... 6 0 0 Above the value of L4OO, and under LSOO .„ 7 10 0 And above LSOO ... 1 4 per cent. SCHEDULE 111. Containing the Duties on Legacies, and Succession to Personal Estate, under any Testamentary Disposition, or upon Intestacy. Legacy duty to be charged on every legacy, specific or pecuniary, to the value of more than L2O, given by Will, out of personal estate, or charged on real property, or of money to arise from such sale or mortgage of real property. ' Also for the clear residue deeending to one or more persons after payment of debts, funeral expenses, and legacies above the value of L2O after passing of this Act. In like manner on the clear residue of money arising from mortgage or sale of real property, after deducting . debts, funeral expenses, and legacies as before, when the residue amounts to above L2O. Legacy or residue deeending to child or deeendant of child of deceased, or to father, mother, or lineal ancestor of deceased, pays one per cent duty Ll per cent, Legacy or residue devolving on brother or sister or their descendant pays three per cent duty ... L 3 per cent; To uncle or aunt, or their decendants, pays live per cent duty L 5 per cent. To grand-uncle or to grand-aunt, or to thei'* decendants, pays six per cent duty ... L 6 per cent. To any more distant, collateral relation, pays seven per cent duty ... L 7 per cent. And when it devolves upon a stranger to the blood of the deceased, it pays ten per cent duty ... LlO per cent And gifts of annuities, or other partial interests in such estates as aforesaid, are to be deemed legacies Legatee taking more than one legacy under the same will, together amounting to L2O, pays duty, although neither legacy separately would have Tt>een liable to the duty. But legacies and residues of estates, or effects devolving on husband or wife of the deceased, are exempt from legacy duty " "• - SCHEDULE IV, Duties of Successions to Real and Personal Estate — Where the successor shall be the lineal issue or lineal ancestor of the predecessor, a duty upon the value of the succession at the rate of • . . ." Ll per cent. Where the deeendant shall be a brother or sister to a decendaut of a brother or sister of the predecessor, a duty upon the value of the succession of ... L 3 per cent. Where the successor shall be a brother or sister of the fattier or mother, or a deeendant of a brother or sister of the father or mother of the predecessor, a duty upoD the value of the succession of ... L 5 per cent. Where the Successor shall be a brother or sister of the grandfather or grandmother or a deeendant of a brother or sister of the grandfather or grandmother of the predecessor, a duty upon the value of the succession of ... L 6 per cent. Where the successor shall be in any other degree of collateral consanguinity to the predecessor than' is hereinbefore described, a duty upon the value of the succession of ... L 7 per cent. Where the successor shall be a stranger in blood to the predecessor, a duty upon the value of the succession of LlO per cent, Exemptions from the foregoing duties :— All successions given to, or in trust for, or which shall devolve upon, «r be acquired Irf the husband or wife of the predecessor
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https://paperspast.natlib.govt.nz/newspapers/GRA18681110.2.20.5
Bibliographic details
Grey River Argus, Volume VI, Issue 441, 10 November 1868, Page 4
Word Count
917Page 4 Advertisements Column 5 Grey River Argus, Volume VI, Issue 441, 10 November 1868, Page 4
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