1910 — Page 17

(A 15)

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colonial Legislature or other Authority under which levied.

STAMP DUTIES—Continued.

47. Settlement.--Any instrument, whether volun- · tary or upon any good or valuable consideration, other than a bond fide pecuniary consideration, whereby any defuito and certain principal sum of money (whether elurged or chargeulde ou 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,

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

or

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 previons settlement stumped with ad eolorem duty in re- spect of the same property, or by will, where probate duty has been paid in respect of the same property as personul estate of the testator.

49. Settlement excented in presuance of a duly stamped agreement for the same,

49. Statutory Declaration, Exemption,-All Statutory Declarations which, since the fourth day of September, 1893, have hæcv, und which shall, hereafter be made under or in pur-nance of Form No. 3 in the Sebedale to the Statutory Declarations Or- dinance, 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. Order-in-Council

-3rd November, 1904.

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 ou the day of stamping, which, if doubt arises, the Collector shall dooide subject to Section 10 of this Ordinance.

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

Share Warrants to bearer three times the amount in Article 51 above. (The nominal value of the warrants

is tuken.) Onlinance 1 of 1865 section 51.

GENERAL EXEMPTIONS.

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$3.

See Affidavits 2.

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

10 cents for every $100 or

part thereof.

(1.) Any document relating to land in the New Territories vre^uted in pursuance of the provisions of the New Territorios Land Ordinance, 1005, ( Ordinance No. 3 of 1905) or any rules or regulations made thereunder.

(2.) Any grant of Probate or Letters of Administration in respent of the estate of any deceased person which estate at the death of auch person comprises land subject to the New Territories Land Ordinance, 1905, in so far as the onlue of such land itself is concerned but not further, Order-in-Council—31st July, 1905.

Any Document inde or executed by or on behalf of His 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 Elis 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 ang Court, or to any Document rendered necessary by any Ordinance or by the order of any Court; neither does it extend to a sule made for the recovery of an arrear of Revenue or lient, 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 purekuse money.

SECOND SCHEDULE. (See Section 8 of Ordinance 16 of 1901)

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, 28, 24, 25, 26, 28, 20, 31, 32, 33, 34, 35, 87, 88, 30, 10, 12, 44, 18, 47, 48 and 50 of the First Schedule to this. Ondinence, with the following exception namely:—Leasts or Agreements for a Leuse for a period of one your ur wailer.

Ordinance 44 of 1909,