458

THE NEW ZEALAND GAZETTE.

only of the purchase or consideration £ s. d.
money which shall be therein men-
tioned to be paid or agreed to be paid
for the same by the person to whom
or to whose use or in trust for whom
the conveyance shall be made without
regard to the amount of the original
purchase money.
And in all cases of such sub-sales as
aforesaid the sub-purchaser and the
person immediately selling to him
shall be deemed and taken to be the
purchaser and seller within the intent
and meaning of this Act.
But where any sub-purchaser shall take
an actual conveyance of the interest
of the person immediately selling to
him which shall be chargeable with
the said ad valorem duty in respect of
the purchase or consideration money
paid or agreed to be paid by him and
shall be duly stamped accordingly
any deed or instrument of convey-
ance to be afterwards made to him of
the property in question by the
original seller shall be exempt from
the said ad valorem duty and be
charged only with the ordinary duty
on deeds or instruments of the same
kind not upon a sale.
And where any property separately
contracted to be purchased of different
persons at separate and distinct prices
shall be conveyed to the purchaser or
as he shall direct in and by one and
the same deed or instrument such
deed or instrument shall be charged
with the said ad valorem duty in
respect of the aggregate amount of
the purchase or consideration moneys
therein mentioned to be paid or
agreed to be paid for the same.
And where any property shall be sold
and conveyed in consideration wholly
or in part of any sum of money
charged thereon by way of mortgage
or otherwise and then due and owing
to the purchaser or shall be sold and
conveyed subject to any mortgage or
other debt or to any gross or entire
sum of money to be afterwards paid
by the purchaser such sum of money
or debt shall be deemed the purchase
or consideration money or part of the
purchase or consideration money as
the case may be in respect whereof
the said ad valorem duty is to be paid.
Exemptions from the preceding duties
on conveyances—
Any grant from the Crown under the
hand of the Governor for the time
being of the Colony of New Zealand
to any purchaser of Crown Lands
in New Zealand.
Any certificate of title granted under
the hand of the Registrar-General
pursuant to "The Land Registry
Act 1860."
DEED or instrument of any kind whatever
not otherwise charged in this
Schedule ... ... ... ... 0 10 0
Exemptions from the preceding duties
on deeds or instruments not other-
wise charged in this Schedule—
Apprentices and Clerkships—All
instruments relating to the services £ s. d..
of apprentices clerks or servants.
Mortgage—All bonds and mortgages
whether affecting real or personal
estate bills of sale by way of mort-
gage and all transfers agreements
releases re-conveyances and dis-
charges thereof.
All preferable liens under "The Wool
and Oil Securities Act 1858."
All Customs bonds.
All Administration bonds.
All bonds on appointment of special
bailiffs.
DRAFT or order including cheques or
orders on bankers for the payment of
any sum of money to a payee named or
to bearer or to order either on demand
or otherwise not otherwise charged ... 0 0 1
LEASE or agreement for a lease or any
written document for the tenancy or
occupancy of any lands tenements or
hereditaments without any considera-
tion by way of premium the following
duties in respect of the yearly rent—
Where the yearly rent shall not ex-
ceed £50 ... ... ... ... 0 2 6
Where the same shall exceed £50
and not exceed £100 ... ... 0 5 0
Above £100 for every fractional part
of £50 ... ... ... ... 0 2 6
LEASE or agreement for a lease of any
lands tenements or hereditaments
granted in consideration of a sum of
money by way of premium without rent
or with an annual rent
... ... ... ...
{ The ad valorem
duties payable
upon a convey-
ance calcu-
lated on the
consideration
by way of
premium
expressed
therein.
Both the ad
valorem duties
payable upon
a conveyance
for a lease in
consideration
of a rent of the
same amount.
LEASE of any lands tenements or heredita-
ments granted in consideration of a sum
of money by way of premium and also
of a yearly rent amounting to £20 and
upwards
... ... ... ...
Exemptions from the preceding duties
on leases—
Leases granted by the Crown of any
waste lands under the provisions
of any Waste Lands Act or Gold
Fields Act.
MEMORANDUM of transfer under "The
Land Registry Act 1860"
... ... ... ...
{ The same duty
as for a con-
veyance for
the sale of
lands for a like
sum the con-
sideration of
such transfer.
POLICY of Insurance or other instrument
whereby any insurance shall be made
upon any ship or vessel or upon any
goods merchandise or other property on
board of any ship or vessel or upon the
freight thereof—covered by a time
policy for any period not exceeding
three months ... ... ... ... 0 2 6
And for all other marine policies—for
every sum of £100 and for every
fractional part of £100 ... ... 0 1 0
PROMISSORY NOTES payable to the bearer
on demand issued by any Bank or
Banking Company at the rate of for
every one hundred pounds of the
average annual amount in circulation
as certified under "The Bankers
Returns Act 1858" ... ... ... 2 0 0
RECEIPT or discharge given for or on