THE NEW STAMP DUTIES.

Nelson Evening Mail, Volume VI, Issue 294, 13 December 1871, Page 2

THE NEW STAMP DUTIES.

' Euquiries are constantly being made with reference to the new Stamp duties, and we, therefore, give below some of the most important particulars taken from the schedule to the Act. Annual license to be taken out by all Joint Stock Companies, and all incorporated Companies exclusive of Mining or Flax Companies, carrying on busiuess in New Zealand, whether incorporated in this colony or elsewhere; Is per cent on nominal capital, but not to exceed a maximum of £200 in respect to any certificate of incorporation. Apprenticeships — In respect of indentures or instruments of apprenticeship, where there is no premium, or money consideration, 2s 6d. In any other case, at the rate of £5 per cent on the amount of premium or consideration. The exemptions are indentures of apprenticeship under the Merchant Shipping Act, and instruments relating to children apprenticed by any charity. Appointment in execution of a power over any property, or of any use, shares, or interest thereon by any intrument not being a will, 10s. For every appointment of a new trustee, other than by will, 10s.; award, whether under hand only, or under hand and seal, where the amount or value of the matter does not exceed £50 23. 6d.; exceeds £50 and does not exceed £100, 55.; exceeds £100 and does not exceed £200, 10s.; between £200 and £500, 155.; between £500 and £750, £1 ; between £750 and £1000, £l 55.; exceeding £1000, £1 15s. Certificate of Incorporation. — For every certificate of incorporation of any Joint Stock Company Registered under the Joint Stock Companies Act, 1860, or any Act amending the same, on the. registration thereof, £5. Power of Attorney. — Upon every power of attorney or letters of attorney executed out of the colony, to be used within the colony, 103. Affidavit or Statutory Declaration made under the provisions of 5 and 6 Wm. IV., cap. 62, or under the Justices of the Peace Act, 1866. — For every affidavit or statutory declaration, 2s. 6d. Exemptions : — (1.) Every affidavit made for the immediate purpose of -being filed, read, or used in auy Court, or before any Judge, Registrar, clerk, or any officer of any Court. (2) Affidavit or declaration made or required by tbe Commissioners acting under the Stamp Duties Act, 1866, or any Acts amending the same. (3.) Any affidavit or declaration which 'may be required to verify any banker's returns, or by any insurance company, or in proof of death or identity. (4.) Any declaration made or required under the Postoffice Savings Bank Acf, 1867, or by any Acts amending the same respectively. (5), Any affidavit or declaration required under the provisions of the Government Annuities Act, 1869, or the New Zealand Government Insurance and Aunuities Act, 1870, or any regulations made or to be made thereunder. (6.) Any affidavit or declaration required or necessary to be made by any officer of the General Government, or of any Provincial Government, or of the County Council of Westland, for, or in respect of, any matters relating to the duties of his office or required therein. Receipts given for or upon the payment of money amounting to £2 or upwards, 2d. Exemptions — all existing exemptions from stamp duties now in force with respect to receipts for money and with respect to cheques. Drafts, or orders, or receipts made or given for the payment of any sum of rnouey by a Savings Bank to a depositor or the payee of a deposit. For remainder of news see fourth page.