Schedule of Stamp Duties




THE NEW ZEALAND GAZETTE.
457

be Bills Drafts or Orders for the £ s. d.
payment of money chargeable with
Stamp Duty as if the same had been
made payable to bearer or to order.
BILL OF LADING or receipt in lieu thereof
from the Master Mate or Agent of any
vessel for any goods merchandise or
effects to be carried to any place beyond
the boundaries of the Colony—
For every such Bill of Lading or
Receipt or copy thereof ... 0 1 0

CONVEYANCE—
Of any kind or description whatsoever
upon the sale of any property in
respect of the principal or only
writing whereby the property sold
shall be conveyed to or vested in the
purchaser or any other person or
persons by his direction (except
transfers expressly provided for by
this Act)—
Where the purchase or consideration
money therein or thereupon ex-
pressed shall not exceed £50 ... 0 5 0
And where the same shall exceed
£50 and not exceed £100 ... 0 10 0
And where the same shall exceed
£100 then for every £50 and any
fractional part of £50 ... 0 5 0
The purchase money or consideration
shall be truly expressed and set forth
in words at length in or upon every
such principal or only deed or
instrument of conveyance and where
such consideration shall consist either
wholly or in part of any stock or
security the value thereof res-
pectively to be ascertained as herein-
after mentioned shall also be truly
expressed and set forth in manner
aforesaid in or upon every such deed
or instrument and such value shall
be deemed and taken to be the
purchase or consideration money or
part of the purchase or consideration
money as the case may be in respect
whereof the ad valorem duty shall be
charged as aforesaid.
And where the consideration or any
part of the consideration shall be any
stock in any of the public funds or
Government Debentures or stock or
any debenture or stock of any person
payable only at the will of the debtor
the said duty shall be calculated
(taking the same respectively
whether constituting the whole or a
part only of such consideration)
according to the average selling
price thereof respectively on the day
or on either of the ten days preceding
the day of the date of the deed or
instrument of conveyance or if no
sale shall have taken place within
such ten days then according to the
average selling price thereof on the
day of the last preceding sale and if
such consideration or part of such
consideration shall be a mortgage
judgment or bond or a debenture the
amount whereof shall be recoverable
by the holder or any other security
whatsoever whether payable in money
or otherwise then such calculation
shall be made according to the sum
due thereon for both principal and £ s. d.
interest.

And where any lands or other property
of different tenures or holdings or
held under different titles contracted
to be sold at one entire price for the
whole shall be conveyed to the pur-
chaser in separate parts or parcels by
different deeds or instruments the
purchase or consideration money
shall be divided and apportioned in
such manner as the parties shall
think fit so that a distinct price or
consideration for each separate part
or parcel may be set forth in or upon
the principal or only deed or instru-
ment of conveyance relating thereto
which shall be charged with the said
ad valorem duty in respect of the
price or consideration money therein
set forth.

And where any property contracted to
be purchased by two or more persons
jointly or by any person for himself
and others or wholly for others at one
entire price for the whole shall be
conveyed in parts or parcels by
separate deeds or instruments to the
person for whom the same shall be
purchased for distinct parts or shares
of the purchase money the principal
or only deed or instrument of con-
veyance of each separate part or parcel
shall be charged with the said ad
valorem duty in respect of the sum
of money therein specified as the con-
sideration for the same.

But if separate parts or parcels of such
property shall be conveyed to or to
the use of or in trust for different
persons in and by one and the same
deed or instrument then such deed
or instrument shall be charged with
the said ad valorem duty in respect
of the aggregate amount of the pur-
chase or consideration moneys therein
mentioned to be paid or agreed to be
paid for the property thereby con-
veyed.

And where any person having con-
tracted for the purchase of any pro-
perty but not having obtained a con-
veyance thereof shall contract to sell
to any other person and the same
shall in consequence be conveyed
immediately to the sub-purchaser
the principal or only deed or instru-
ment of conveyance shall be charged
with the said ad valorem duty in
respect of the purchase or considera-
tion money therein mentioned to be
paid or agreed to be paid by the sub-
purchaser.

And where any person having con-
tracted for the purchase of any pro-
perty but not having obtained a
conveyance thereof shall contract to
sell the whole or any part or parts
thereof to any other person or persons
and the same shall in consequence be
conveyed by the original seller to
different persons in parts or parcels
the principal or only deed or instru-
ment of conveyance of each part or
parcel thereof shall be charged with
the said ad valorem duty in respect



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1866, No 65





✨ LLM interpretation of page content

💰 Stamp Duties Act, 1866 commencement and Schedule of Duties (continued from previous page)

💰 Finance & Revenue
30 November 1866
Stamp Duty, Conveyance, Ad valorem duty, Property sale, Consideration money, Deeds, Stock, Mortgages