CO129-271 - Governor Sir Robinson - 1896 [1-4] — Page 89

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