Enclosur
copy of a report of the Com_ mittee of the Legislative Council which I appointed to consider and report on the best method of taxing. Insurance Companies in this Colony, and to state that I coneur in the opinions of the Committee therein ex pressed.
I have the honour to be, Dir, Your Most Obedient Humble Servant,
William Robinsoy
Enclosure.
REC
4565
88
REF 2 MAR 96
Report of the Committed appointed byz
Sois Excellency the Governor to consider
on the best method of taking
and
repor Insurance Companies in the Colony.
The circumstances under which
the Committee was appointed follows:.
are a
Ke
stamp
By Ardinance Al 10 of 1886,
H
duty on Policies of susurance was fixed (by Article 29 of the Schedure) as follows:
Policy or risk nowe of Marine fire, life or other dwurance
10 cub
for cach copy
and
everyy reneval
In 1894 it was deemed desirable for revenue purposes to increase the dusty
derivable.
from stamps on Policies of
Insuranco.
At first
کے
higher rate was conten. plated than that eventually decided upon,
bret