| Item | Description | Duty Rate |
|---|---|---|
| 26 | Letter of hypothecation | Referring to particular property: $3. General: $6. $10. |
| 27 | Letters Patent, Assignment of | 20 cents for every $100 or part thereof of the money secured. |
| 28 | Marketable security issued in the Colony, or made or issued by or on behalf of a corporate or unincorporate body formed or established in the Colony | 20 cents for every $100 or part thereof of the principal sum secured. (For tontine mortgages see Section 33). |
| 29 | Mortgage | — |
| (1) | Being the only or principal or primary security | 20 cents for every $100 or part thereof of the principal sum secured. (For tontine mortgages see Section 33). |
| (2) | Being a collateral or auxiliary or additional or substituted security (other than a mortgage executed in pursuance of a duly stamped agreement for a mortgage), or being a mortgage executed by way of further assurance, provided in every case that the principal security was duly stamped under sub-heading (1) | 10 cents for every $100 or part thereof of the value of the additional or substituted security. |
| (3) | Extension of the time of an original mortgage, whether endorsed on the mortgage deed or not | 10 cents for every $100 or part thereof of the principal sum secured. |
| (4) | Transfer or assignment of any mortgage, bond, debenture, or covenant (except a share as defined in paragraph (28) of Section 3, or other marketable security), or of any money or stock secured by any such instrument, or by any warrant of attorney to enter up judgment, or by any judgment | Do. |
| (5) | Where any further money is added to the money already secured | 20 cents for every $100 or part thereof of the additional principal secured. |
| (6) | Agreement for a mortgage | 20 cents for every $100 or part thereof of the principal sum to be secured. |
| (7) | Agreement for a collateral or auxiliary or additional or substituted security or for a mortgage to be executed by way of further assurance: provided in every case that the principal security was duly stamped under sub-heading (1) | 10 cents for every $100, or part thereof, of the value of the additional or substituted security. |
| (8) | Re-conveyance, reassignment, release, discharge, surrender, or renunciation, of any such security as aforesaid, or of the benefit thereof, or of the money thereby secured | Where the whole of the principal sum secured is released or discharged, 10 cents for every $500 or part thereof of the principal sum secured. Where a portion of the principal sum secured is released or discharged, 10 cents for every $500 or part thereof of the amount actually released or discharged. Provided that any portion of the principal sum not expressed in any prior instrument then to be released or discharged shall be deemed to be released by the final instrument of reconveyance, reassignment, release, discharge, surrender, or renunciation. |
Page 611
Stamp Ordinances, 1921 to 1936.
(A 24 )
SPECIFICATION OF TAXES, DUTIES, &c.
Act of Colonial Legislaturo
or other Authority under which levied.
STAMP DUTIES:—
INTERNAL REVENUE,— C›ntinued.
(1) Being the only or principal or primary security,
(2) Being a collateral or auxiliary or additional or substituted security, (other than a mortgage executed in pursuance of a duly stamped agreement for a mortgage), or being a mortgage executed by way of further assurance, provid- ed in every case that the principal security was duly stamped under sub-heading (1), . (3) Extension of the time of an original mortgage, whether endorsed on the mortgage deed or not,
(4) Transfer or assignment of any mortgage, bond, debenture, or covenant (except a share as defined in paragraph (28) of Section 3, or other marketable security), or of any money or stock secured by any such instrument, or by any warrant of attorney to enter up judgment, or by any judgment,
*****
(5) Where any further money is added to the money
already secured,
(6) Agreement for a mortgage,
(64) Agreement for a collateral or auxiliary or additional or substituted security or for a mortgage to be executed by way of further assurance: provided in every case that the principal security was duly stamped under sub-heading (1).
(7) Re-conveyance, reassignment, release, die. charge, surrender, or renunciation, of any such security as aforesaid, or of the benefit thereof, or of the money thereby secured,
J
Referring to particular pro-
perty: $3. General: $6. $10.
20 cents for every $100 or part therof of the money secured.
20 cenis for every $100 or part thereof of the princi- pal sum secured. (For tontine mortgages #ce Section 33).
10 cents for every $100 or part thereof of the value of the additional or sub- stituted security.
10 cents for every $100 or part thereof of the prin- cipal sum secured.
Do.
20 cents for every $100 or part thereof of the addi- tional principal secured.
611
20 cents for every $100 or part thereof of the prin- cipal sum to be secured.
10 cents for every $100, or part thereof, of the value of the additional or sub- stituted security.
Where the whole of the principal sum secured is released or discharged, 10 cents for every $500 or part thereof of the prin- cipal sum secured. Where a portion of the principal sum secured is released or disebargel, 10 cents for every $500 or part thereof of the amount actually released or discharged. Provided that any portion of the principal sum not expressed in any prior instrument then to be re- leased or discharged shall be deemed to be released by the final instrument of reconveysuce, reassign- ment, release, discharge, surrender, or renuncia- Lion.
Stamp Ordinances, 1921 to
1936.
No comments yet.
Private notes are available after approval.