AMENDMENT TO THE STAMP ACT.

Grey River Argus, Volume VIII, Issue 566, 2 September 1869, Page 2

AMENDMENT TO THE STAMP ACT.

On the 27th ult, while in Committee of Ways and Mean?, the House of Representatives passed a resolution that the following st.mip duties be imposed : — Bill of Exchange for the payment to the hearer or to order at any time otherwise than on demand drawn at any place in the Colony of New Zealand and payable at any other place in the Colony distant more than fifty v iles from the place where the same is drawn— If drawn singly or otherwise than in sets of two or more, —Tii e same duty as on any other Inland Bill of the same amount anil tenor payable at a place w ithin fifty iriles of the place where drawn. £ s. d, If drawn in sets of two then for every bill of such set where, the sum payable shall not exceed£so ... .... ... 0 0 6

And where it shall oxeceel £;")() and not exceed £100 ,010 And where tho same shall exceed £100 then for every £DO and also any fractional part qf ;Col) 0 0 6 If drawn in sets of three or more for every bill of each sot where the sum payable shall not exceed £50 „,0 0 4 Anil where it sh.-ill exoeod £50 aijd not exceed £100 ... 0 0 8 And where the same shall exceed £100 then for every £50 and also every fractional part of £50 ... „. ... ... 0 0 4 POLICY OV INSURANCE. — MARINE. For every policy of sea insurance on any voycige — For every £100 and any fractional part of £100 thereby insured ... ... Q 1 Q For every policy of sea insurance for time — For every £100 and any fracr tjonal part of £IQO thereby in* sured — Where the insurance shall bo made for any tinie not exceed-: ing six months , ... Q 1 0 Where the insurance shall be made for any time exceeding six month? aiid not exceeding twelvemonths ... „, 0 2 0 But if the separate and distinct interests of two or more persons shall be insured by one policy for a voyage or for time then the duty of one shilling or the duty of one shilling or two, shillings as the case may be shall be charged thereon in respect of every full sum of one hundred pounds and every fractional part of one hundred pounds thereby insured upon any separate or distinct interest.