SCHEDULES OF STAMP DUTIES.

Southland Times, Issue 575, 8 October 1866, Page 2

SCHEDULES OF STAMP DUTIES.

SCHEDTTLE I. Containing the duties on deeds and other instruments relating to transactions between living persons : — Agreement or minute under hand only, where the matter shall be £ s. d. for £10 or upwards 0 10 Bills of exchange, not on demand, and not exceeding £50 ... 0 10 For every £50, or fraction or part of £50 after 0 10 In sets of two, for every bill of each set not exceeding £50 ... 00 6 In sets of three, for every bill of each set not exceeding £50 ... 0 0 4 For every £50, or fractional part of £50 after 0 0 4 Exemptions : — All debentures and Treasury Bills issued by the Government, and all drafts or orders on .demand, for which the duty is Id. Promissory Notes, except on demand not exceeding £25 0 0 6 Every £25 after ... 0 0 6 Biils of Lading 0 10 Beeeipt by Master, Mate, or Agent of vessel ... ... ... ... 0 0 6 Conveyance of Property, where the purchase money does not exceed £50 0 5 0 £50 to £100 0 10 0 Every £100, or fractional part of £100 after 0 10 0 Exemptions .- — Crown Grants and Registration certificates. Peed or other instrument of any kind whatever, not otherwise charged in this schedule 0 10 0 Exemptions : — lnstruments of apprenticeship and clerkship ; mortgages ; preferable liens, ' Wool and Oil Securiti s Act, 185^;' Customs bonds ; administration bonds; and bonds on appointment of Bailiffs. Draft, order or cheque to bearer ... 0 0 1 Lease, where the yearly rent shall not exceed £50 " 0 2 6 £50to£l00 0 2 6 Every £.00 or fractional part of £L<o after ... 0 2 6 Policy ji Insurance on ship or merchandise, covered by a time policy for any period not exceeding three months 0 2 6 All other marine policies — for evi-ry sum of £lOU, and every fractional part of £100 0 1 *0 Promissory Notes payable to bearer on demand, issued by Bank or Banking Company, the rate of for every £100 of average annual amount in circuatjon 2 0 0 Receipt for £2 and upwards 0 0 1 Transfer of run or station, the value of which does not exceed £101) 0 10 0 Every £100 or fractional part of £100 after 0 10 0 Transfer of shares, when the purchase money does not exceed £50 0 2 6 Every £SU, or fractional part of £50 after 0 2 6 Schedule H. Containing Duties on Probates of Wills and Letters of Administration. Probate of will and letters of administration with a will annexed ... ... 1 per cent. Letters of administration without a will annexed 1* per cent. 111. Containing the Duties on Legacies and successions to personal estates under any testamentary disposition or under intestacy. All legacies or residues of the value of £20 and upwards devolving to a child or descendant of a child or parent, or lineal ancestor of the deceased 1 per cent. To a brother or sister, or descendant of a brother or sister of deceased 3 per cent. To an uncle or aunt or descendant of an uncle or aunt of deceased 5 per cent. L.'O.a grand-uncle or grand-aunt or ' descendant of a grand-uncle or v grand-aunt of deceased ... 6 per cent. To any.'j)erson in any other degree of collateral consanguinity to the deceased or to a stranger... 10 per cent. Exemptions — Legacies or residues to husband or wife of deceased. SCHEDTTLE IV. Duties bri successions to real or personal estate. -'The* duties tinder this schedule are exactly in ihe^ame proportion as in Schedule IS,