£. s, d,"' Receipts endorsed upon any instrument duly stamped under this Act, acknowledging the receipt of the consideration money therein expressed. Acknowledgment given for mpney deposited in any Banks to be accounted for Receipts for moneys paid intk Land, Building, .-md Investt ment Societies. Tkansfer, except by way of Morti gage, of any run or station held under lease or license, or promise ... of lease or license, from the i Crown, pr pi any interest ] therein, where the declared value of the said run or station, or interest, or the value thereof assessed as in this Act provided, shall not exceed LIOO ... 0 10 Q And where such value shall exceed LIOO, then for every LJOO, and any fractional part of L.IOO 0 JO Q Tkansfer. of any share or shares in the str.ck and funds of any corporation., company, or society whatever in New Zealand, upon sale thereof — Where the purchase, or consideration money therein expressed, shall not exceed L2O ... 0 \ 0 Exceeding L2Q, and not exceeding LSO ... 0 2 6 Exceeding L£o. and npt exceeding LIOO ' ... 0 5 0 For every additional LSQ, or fractional part pf LqO ... 0 2 6 SCHEDULE 11, Containing Tip Pities on Pkobates op Wills, and Lett^ks of Administration. Probate of a Will, and letters of Administratiqn with a Will annexed, where $? e effects, as sworn tp by the Executor or Administrator, shall be — 1 Under the value of LIOO ... 1 0 0 Above the value oi LIOO, and under L2OO " ... 2 0 ft Above the value of L2OO, and under L3OO ... 3 0 Q Above the value pi L3OO, and under 1400 ..400 Aboye the value pf L4OO, and under LSOO ' ... 5 0 Q Afld above LSOO ... 1 per cent. Letters of Administration, without a Will annexed, where the effects, as sworn to by ministrator, shall be— Under the value of LIOO ... 1 10 0 Above the value of LIOO, and under L2OQ ... 3 0 Q Above the value of L2OO, and under L3OO ' ... 4 10 0 Above the value pf L3OO, and : under L4OO ... 6 0 0 ' Above the value of L4OO, and under LSOO ... 7 10 0 And above LSOO ...l^percent. SCHEDULE 111. Containing the Duties on Legacies, and Succession to Personal Estatej under any Testamentary Disposition, or upon Intestacy. Legacy duty to be charged on every legacy, specific" or pecur niary, to the value of more than L2O, given by Will, out of personal estate, or changed on real property, or of money to arise from such sale or mortgage of real property. Also for the clear residue decending 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, tuneral expenses, and legacies as before, when the residue amounts to aboye L2O. Legacy or residue decendiug to child or decendant of child of deceased, or to father, mother, or lineal ancestor of deceased, pays, one per cent duty LI per cenf\ Legacy or residue devolving on brother or sister or their descendant pays th.ree per cent ditty . . L 3 per cent. To uncle or aunt, or their decendants, pays five per cent duty L 5 per cent. To grand-uncle or to, grand-aunt, or to their 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 sucn 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 been 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 ancesfior of the predecessor, a duty lipon the value of the succession at the rate of ... LI per cent. Where the decendant shall, be a brother or sister to a decendant of a brother or sister of the predecessor, a. duty upon the value pf the succession of ... L 3 per cent. Where the successor shall be a brother or sister of the father or mother, or a decendant of a brother or sister of the father or mother of the predecessor, a duty upon 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 decendant of a brother or sister of the grandfather or grandmother of the predecessor, a duty upon the value of the succession of ... L6per cent. Where the s\iccessor 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 ... UJ 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, er be ac- . quired t,, the husband or wife of the predecessor
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Bibliographic details
Grey River Argus, Volume VI, Issue 442, 12 November 1868, Page 4
Word Count
913Page 4 Advertisements Column 6 Grey River Argus, Volume VI, Issue 442, 12 November 1868, Page 4
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