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“ STAMP ACT, l«7r» ” Bills of Lading and Reckirts in UKU THERE OF. IT is hereby notified, that, after the Ist of January next, the use of impnssed Stamps on Pills of Lading is compulsory. Such, .documents must, ufter that date, he written noon paper previously impressed at the Head ol'liee, and can not he stamped after the. execution thereof. It is requested, therefore, that Merchants, Shipping Agents, and others concerned, will, without delay, forward to this oil ice siieh lorms as they may require to he impressed, accompanied by the usual requisition and receipt ut the Bank of New Zealand for the amount, less the authorized discount. information may be obtained at any Stump Office. The provisions of the Act bearing on this point are as follow; “ 47. Except where express provision is made to the contrary, all duties are to he denoted by impressed stamps only.” “ G2. (I.) A Bill of Lading includes also any receipt given in lieu thereof from (lie master, mate, owner, or agent of any vessel, and is not to he stamped after the execution thereof. (2.) Every person who makes or executes any Bill of Lading not duly stamped shall forfeit a sum not exceeding T50.” SCHEDULE. Bili, of Lading for any goods, merchandise, or etl'ects to be carried to any place beyond the boundaries of the colony : For every such Bill of Lading or copy thereof, Is. CHARLES C. BOWEN. Head Office, Stamp Department, Wellington, 2'Jth October, LS7O.

Thaxsf'kiis of Sharks. IT is hereby notified, that after the Ist of January next, the use of Impressed Stamps upon Transfers of Shares is compulsory, hut transfers of shares may he stamped at a Stamp Office, by the Commissioner or a Deputy Commissioner within one mouth after execution whhout a fine. Managers and Secretaries of Companies, Sharebrokers, and others interested, are recommended to forward, without delay, such forms of transfer as they may require to bo impressed, accompanied by the usual requisition and receipt from the Bank of New Zealand for amount thereof, less the authorized discount. Information may be obtained at any Stamp Office. The provisions of the Act relating hereto are as follows : “47. (I.) Except where express provision is made to the contrary, all duties arc to be denoted by impressed stamps only.” “102. No transfer of any share or shares of or in the stock or funds of any corporation, company or society whatever in New Zealand shall bo registered, recorded, or entered in the books of such corporatoin. company, or society unless such transfer is duly stamped.

“ 103. Xo instrument of sale or transfer of any share or shares shall bo valid, either at IaAV or in equity, unless the name of the purchaser or transferee is inserted therein at the time of or before the execution of the instrument of sale or transfer ; and, if any person executes a sale-note transfer, in any manner or for any purpose whatsoever, unless the name of the purchaser is inserted therein at the time or before.tho execution thereof, he shall forfeit a sum of not less than £2O or more thanitlOO ; and, if any such instrument is so made or signed, it shall be wholly and absolutely void and inoperative, and shall in no case be made available by the insertion of a name or any other particulars afterwards; and the person selling or transferring such share shall not be divested of bis interest therein, but shall remain liable thereon as if he had never sold or disposed of the same. And if such person is a licensed sharebroker, bis license shall, on any conviction under this section, be absolutely forfeited and he shall not thereafter be qualified to act as a broker, or to have a fresh license issued'to him-

“ 104. No sharebroker, auctioneer, commission agent, or any other person shall he entitled to any brokerage, commission, or any other fee or reward in respect' of the sale or transfer of/any such sharp,. unless the instrument of sale or. transfer is filled up with all necessary particulars:to. make it a complete instrument and is duly stamped'.” SCHEDULE... Transfer except by way of mortgage—(2) Upon the sale of .'any. 'share or shares, in the stock and funds .of any .corporation, company, or society whatever in New Zealand; ’Where the purchase or' consideration money,— ■ • -*■ ,■ £. :s. d. Boes not Exceeds £2O and does not exceed £SO ... 0 2 6 For every additional £SO, or part of ,£SO 0 2’ 0 i . QHABBES cVbqWENV Head Stamp Department, ’ : Wcllihgton, 2Ttli October/ 1875. ’

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PATM18751113.2.12.3

Bibliographic details

Patea Mail, Volume I, Issue 62, 13 November 1875, Page 3

Word Count
756

Page 3 Advertisements Column 3 Patea Mail, Volume I, Issue 62, 13 November 1875, Page 3

Page 3 Advertisements Column 3 Patea Mail, Volume I, Issue 62, 13 November 1875, Page 3

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