ORDINANCE No. 5 of 1868.
Stamp Duties.
Receipt or Discharge written upon or contained in any Bill of Exchange, Promissory Note, Deed or other Instrument charged with Duty under this Schedule and duly stamped, and Receipts for Pay and Allowances of Persons in the service of the Government, whether Civil, Naval or Military.
12. Probates and Letters of Administration with or without the Will annexed, (Administration Bonds exempt.)
13. Conveyance, Assignment or Instrument of any kind or description whatsoever not specially charged with Duty under this Schedule executed for the transfer for valuable consideration of any Property, moveable or immoveable or of any Right, Title, Claim or Interest in, to, or upon the same,
Deed or other Instrument of Gift, or of Exchange or Settlement where no Money consideration or a merely Nominal Money consideration passes,
EXEMPTION.
Transfer by mere endorsement of a duly Stamped Bill of Exchange, Promissory Note or other Negotiable Instrument, or of a Bill of Lading, and Transfer by Assignment of a Policy of Insurance.
14. Mortgage,
Where in a Mortgage the Sum secured is unlimited,......
15. Re-assignment of any Mortgaged Property,....
16. Letter or other Instrument of Hypothecation accompanying deposit of Documents of Title to any Property,
17. Duplicate or Counterpart of any Deed, Instrument or Writing of any description whatever chargeable with Duty under this Ordinance...................
If the Duty chargeable on the Original exceeds $1 but does not exceed $10,...........
If the Duty chargeable on the Original exceeds $10 but does not exceed $20,
If the Duty on the Original exceeds $20....... Provided that such Duplicate or Counterpart Stamp shall be affixed upon the production of the Original Deed, Instrument or Writing bearing its proper Stamp and not otherwise.
The same ad valorem Duty as on a Conveyance to be calculated upon the value of the Estate and Effects for or in respect of which such Probate or Letters of Administration shall be granted exclusive of what the deceased shall have been possessed of or entitled to as a Trustee for any other Person or Persons, and not beneficially.
25 cents for every $100 or part of $100 of the consideration Money or amount secured up to $1,000, and $2 for every $1,000 or part of $1,000 after the first $1,000,
$25.
$1 on first $1,000 or part of $1,000 and 50 cents on every other $1,000 or part thereof.
$28.
25 cents on every $5,000 or part of $5,000.
$1.
The same Duty as the Original when such Duty does not exceed $1.
$2.
ORDINANCE No. 5 of 1868.
Stamp Duties.
18. Lease or Agreement for a Lease made for a term of years or for a period determinable with one or more life or lives or otherwise contingent in consideration of a Sum of Money paid in the way of premium, fine or the like, if without rent,.....
19. Lease or Agreement for a Lease of any Land, House, Building or Tenement at a Rent without any payment of any sum of Money by way of fine or premium:--
When the Rent for the Year shall not exceed $250,
Above $250 and under $500,.
$500
$1,000,.
$1,000 > $2,500
$2,500, $5,000,.
for every additional $1,000 or part,
Exempt, all Rentals under $60.
20. Lease or Agreement for a Lease of any Land, House, Building or Tenement, stipulating for a Rent granted in consideration of a fine or premium, ..............
NOTE. A Lease, executed in pursuance of a duly Stamped Agreement for the same, shall require a Stamp of One Dollar only, to be affixed on production of such Agreement.
21. Every Instrument in Writing under seal not otherwise specially charged with Duty under this Schedule,
22. Policies of Marine Insurance and every copy,......
The same ad valorem Stamp as on a Conveyance. See Article 13.
1 Year and 3 Years or under $0.25 $0.60 3 Years and 8 Years $1.00 $2.00 $0.80 $1.00 $2.00 $4.00 $4.00 $8.00 $5.00 $10.00 $20.00 $1.25 $2.50 $5.00A Stamp of value equal to the joint value of the Stamps for a Conveyance in consideration of the fine and a Lease for the Rent.
$10.
10 Cents each.
23. Articles of Clerkship, or Contract whereby any person shall first become bound to serve as a Clerk, in order to his admission as an Attorney or Solicitor,
$50.
24. Warrant of Attorney,
25. Copartnership Deed or other Instrument of.
$5.
$5.
$1
26. Cognovit and Arbitration award,
GENERAL EXEMPTIONS.
Any Deed, Instrument or Writing of any kind whatsoever made or executed by or on behalf of Her Majesty or of any Department of Her Majesty's Service, or whereby any Property or Interest is transferred to or any Contract of any kind whatsoever is made with Her Majesty or any Person for or on behalf of Her Majesty or any such Department as aforesaid.
NOTE—The foregoing exemption does not extend to any Deed, Instrument or Writing, executed by the Registrar of the Supreme Court as Official Administrator or by a Receiver appointed by any Court, or to any Deed, Instrument, or Writing rendered necessary by any Ordinance or by the order of any Court; neither does it extend to a sale made for the recovery of an arrear of Revenue or Rent or in satisfaction of a Decree or Order of Court, in any of which cases the purchaser shall be required to pay in addition to the purchase money the amount of the requisite Stamp.
620