1916 — Page 14

(A 12 )

SPECIFICATION OF TAXES, DUTIES, &c.

Act of Colonial Legislature or other Authority under which levied.

STAMP DUTIES,—Continued.

Exemptions. Where the Estate and Effects do not exceed the value of $250. || 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 Ordinance, 1905, in so far as the value of such land itself is concerned but not further.—Order-in- Council of 31st July, 1905.

44. Re-assignment,

45. Receipt or Discharge given for the payment of money or in acquittal of a debt paid in money or other- wise, when the sum received, discharged or acquitted exceeds $10,

See Mortgage, 38.

5 cents.

Exemptions. Letter acknowledging the arrival of a Currency or Promis- sory Note, Bill of Exchange, or any security for money, Receipt or Debit Note for the Premium on a duly stamped Policy of Insurance. Receipts for pay and allowances of persons in the service of the Imperial or Colonial Government whether Civil, Naval, or Military.

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 employe 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 deads 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,

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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 of 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 respect 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 stamped agreement for the same,

49. Statutory Declaration,

Exemption. All Statutory Declarations which, since the fourth day of September, 1893, have been, and which sball, hereafter he made under or in pursuance of Forni No. 3 in the Sebedule to the Statutory Declarations Or- dinance, 1893, are hereby exempted from liability to hear any stamp duty under any Ordinance for the time being iu force in the Colony of Hongkong.—Orler-in-Conneil -3rd November, 1904.

50. 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.

$3.

See Affidavits, 2.

10 cents for every $100 or

part thereof.

Stamp Ordinances, Nos. 16 of 1901 and 35 of 1911.

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

$2.

Share Warrants to bearer three times the amount in Article 50 above. (The nominal valne of the warrants is taken.) Ordinance 1 of 1865 section 51.

51. Share Warrant to bearer.

30 cents for every $100 or

part thereof.