Stamp.

Nature of Instrument.

21. CONVEYANCE ON SALE, the duty to be calculated on the amount or value of the consideration on the day of the date of the instrument.

See also section 6, as to excess stamp duty.

22. CONVEYANCE made for the purpose of effectuating the appointment of a new trustee, if such conveyance is made by some instrument other than the instrument by which the new trustee is appointed.

23. CONVEYANCE OR TRANSFER of any kind not herein specifically described.

24. DECLARATION or revocation of any use or trust of or concerning any property by any writing, not being a will or an instrument chargeable with ad valorem duty as a settlement, including any acknowledgment in writing, by recital or otherwise, of a trust, not being a trust created by a will, in respect of which no instrument has been duly stamped as a declaration of a trust or as a settlement.

Exemptions.

(a) Declaration of Trust by the nominees of a banker to whom property is transferred to secure an advance made by the banker.

(b) Trust receipt given to a banker.

25. DEED of any kind whatsoever not described in this Schedule (including a deed of assignment by a trustee to a cestui que trust, and a deed confirmatory of a conveyance on which the full conveyance duty has been paid).

See also-

Agreement of service with a corporate body.

Deposit of title-deeds:

Mortgage.

See

(a) Stamp Duty.

(b) Time for stamping.

(c) Persons liable.

[CAP. 117

(a) $2 for every $100 or part thereof of the amount or value of the consideration.

(b) 30 days after execution.

(c) All persons executing.

46 of 1948, s.4.

37 of 1950.

Schedule.

(a) $5.

(b) 30 days after execution.

(c) All persons executing.

37 of 1950.

Schedule.

(a) $20.

(b) 30 days after execution.

(c) All persons executing.

(a) $20.

(b) 7 days after execution.

(c) All persons executing.

(a) $20.

(b) 30 days after execution.

(c) All persons executing.

37 of 1950.

Schedule.

26. DIVIDEND WARRANT, whether expressed to be payable by the corporate body issuing the dividend warrant or by some other person, and whether payable within or without the Colony.

(a) 15 cents.

(b) Before issue.

(c) The corporate body issuing.

24 of 1950, Schedule.

429

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