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( A 13 )

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colonial Legislature or other Authority under which levied.

STAMP DUTIES,—Continued.

46. Servant's Security Bond.-Any instru- ment in writing under seal by which any domestic or other Servant or Clerk or Compradore shall give security for the due discharge of his duties, or of the duties of other persons to be employed by him, or for the safe custody of money or property to be entrusted to him, or for the proper carrying on of business to be conducted by him, or for the discharge of his responsibilities arising from such business, whether such security shall be given by the binding of other persons, or by the deposit of money or valuable property or by deposit of the title deeds to any property or by any assignment,

47. Settlement.-Any instrument, whether volun- tary or upon any good or valuable consideration, other than a bona fide pecuniary consideration, whereby any definite and certain principal sum of money (whether charged or chargeable on lands or not, or to be laid out in the purchase of lands or not) or any definite and certain amount of stock, or any security, is settled or agreed to be settled in any manner whatsoever,

The same duty as a Mort- gage, see Article 38 (i.) and (ii.).

30 cents for every $100 or part thereof of the amount or value of the property settled or agreed to be settled.

Exemption.-Instrument of appointment relating to any property in favour of persons especially named or described as the objects of a power of appoint- ment created by a previous settlement stamped with ad valorem duty in re- spect of the same property, or by will, where probate duty has been paid in respect of the same property as personal estate of the testator.

49. Settlement executed in pursuance of a duly } $3.

stamped agreement for the same,

49. Statutory Declaration,

All Statutory Declaration which, since the fourth day of September, 1893, have been, and which shall, here- after be made under or in pursuance of Form No. 3 in the Schedule to the Statutory Declarations Ordinance, 1893, are hereby exempted from liability to hear any stamp duty under any Ordinance for the time being in force in the Colony of Hongkong.

50. Surrender of a Lease,

51. Transfer of Shares, or Stock in any Public Company to be computed on the market value of such shares on the day of stamping, which, if doubt arises, the Collector shall decide subject to Section 10 of this Ordinance,

(ii.) Transfer for a nominal amount, to be approved { by the Collector,

GENERAL EXEMPTIONS.

See Affidavits, 2.

The same amount of duty ns is payable on the Lense itself.

10 cents for every $100 or

part thereof.

$2.

† Any document relating to land in the New Territories executed in pursuance of the provisions of the New Territories Land Ordinance, 1905, (Ordinance No. 3 of 1905) or any rules or regulations made thereunder.

Any grant of Probate or Letters of Administration in respect of the estate of any deceased

person which estate at the death of such person comprises land subject to the New Territories Land Ordinance, 1905, in so far as the value of such land itself is courerned but not further.

Any Document made or executed by or on behalf of IIis Majesty or of any Department of His Majesty's Service, or whereby any property or interest is trans- ferred to or any contract of any kind whatsoever is made with His Majesty or any person for or on behalf of His Majesty or any such Department as aforesaid.

But this exemption does not extend to any document executed by the Registrar of the Supreme Court as Official Administrator or by a Receiver appointed by any Court, or to any Document 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 the amount of the requisite Stamp in addition to the purchase moncy.

SECOND SCHEDULE.-(See Section 8.)

Showing documents which may be stamped, without payment of penalty, at any time within seven days from the date of execution,

All the documents which are included in Articles 4, 5, 7, 8, 10, 15, 19, 20, 21, 22, 24, 25, 26, 28, 30, 31, 32, 33, 34, 35, 37, 38, 39, 40, 42, 44, 46, 47, 48 and 50 of the First Schedule to this Ordinance, with the following exception namely:-Leases or Agreements for a Lease for a period of one year or under.

*Order-in-Council-3rd November, 1901.

Tag A

Ordinance 38 of 1902.

† Order-in-Council-31st July, 1905.

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