Directory_and_Chronicle_1917 — Page 607

LIST OF STAMP DUTIES

(i) Where the estate and effects are above the value of one million five hun- dred thousand dollars and not above the value of two million five hundred thousand dollars,

(j) Where the estate and effects are above the value of two million five hun- dred thousand dollars,.

527

(At the rate of seven dollars and fifty cents for every one hundred dollars and for every fractional part of one hundred dollars over any multiple of one hundred dollars.

At the rate of eight dollars for every one hundred dollars and for every fractional part of one hundred dol- lars over any multiple of one hun- dred dollars.

EXEMPTION.-Where the Estate and Effects do not exceed the value of two hundred and fifty dollars. 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, is so far as the value such land itself is Concerned but not further.

44.-RE-ASSIONMENT,

ORDER IN COUNCIL, 31 JULY, 1905

.See Mortgage, 38.

45.-RECEIPT or Discharge given for the payinent of money, or in acquittal of a debt paid in money or otherwise, when the sum received, discharged, or aoquitted exceeds $10,

5 cents.

EXEMPTIONS.-Letter acknowledging the arrival of a Currency or Promissory 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 Instrument 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 em- ployed 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 voluntary or upon any good or valuable consideration, other than a bond-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 mortgage. See

Article 38 (i.) and (ii.)

30 cents for every $100 or part thereof of the amount or value of the pro- perty settled or agreed to be set- tled.

EXEMPTION.-Instrument of appointment relating to any property in favour of persons especially named or described as the objects of a power of appointment 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.

48.-SETTLEMENT executed in pursuance of a duly stamped agreement for the

same,

$3.

}

See 2.

49.-STATUTORY DECLARATION,

EXEMPTION.--All statutory Declarations which, since the 4th day of September, 1893, have been, and which shall hereafter be, made under or in pursuance of Form No. 3 in the Schedule to the Statutory Declarations Ordin- ance, 1893.

ORDER IN COUNCIL, 3 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 on the day of stamping, which, if doubt arises, the Collector shall decide subject to Section 10 of this Ordinance,

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

{The same amount of duty as is pay-

able on

10 cents for every $100 or part there-

of.

$2. Share warrants to Bearer three times the amount in Article 51 (1) above (the nominal value of the warrants is taken.)

GENERAL EXEMPTIONS

Any Document made or executed by or on behalf of His Majesty or of any Departinent of His Majesty's Service, or whereby any property or interest is transferred 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 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 money.

SECOND SCHEDULE (see Section 8, 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, 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, nainely- Leases or Agreements for a Lease for a period of one year or under.

EMIORATION FEES, under the Chinese Emigration Consolidation Ordinance,

1889:-

Application for a certificate,.

Certificate,

.SI.

$1.