Directory_and_Chronicle_1921 — Page 509

LIST OF HONGKONG STAMP DUTIES

455

NOTE.-The Collector of Stamp Revenue shall, unless the two deeds referred to in the last paragraph are comprised in one and the same document, denote by an entry under his hand made upon the Deed stamped with the $20 duty, that the full conveyance duty if more than $20 has been paid upon the other.

APPOINTMENT OF NEW TRUSTEES

26.-DEPOSIT OF TITLE DEEDS

.$10.

See Mortgage, 38. 27.-DUPLICATE or Counterpart of any Document chargeable with duty under this schedule, to be affixed on the production of the original Document bearing its proper Stamp, and not otherwise. If the original duty is:-

Under $1..

"

$20 ...

...

Same duty. Over $10 and not exceeding $20...... $2. Over $1 and not exceeding $10...... $1.

$3. NOTE. The duplicate or counterpart of any instrument chargeable with duty is not to be deemed duly stamped unless it appears by some entry made by the Collector or by some stamp impressed thereon that the full and proper duty has been paid upon the original instrument of which it is a dupliate or counterpart or unless it is stamped as an original instrument. 28.- EQUITABLE CHARGE

.......... See Mortgage, 38. 29.-FOREIGN ATTACHMENT BOND, in the Supreme Court, either Juris- $1 for every $100

diction

30.—GUARANTEE

.....***

or part thereof. See Agreement, 4.

}

$10

31-Every INSTRUMENT in writing UNDER SEAL, not otherwise specially

charged with duty under this schedule NOTE. The impressions of Chinese names, shop names, or trading names, commonly called shops, shall not be taken to be seals within the meaning of this Article.

32.-LEASE or Agreement for a Lease, made for a term of years, or for a period deter-) 30 cents for minable with one or more life or lives or otherwise contingent, in consideration every $100 or of a sum of money paid in the way of premium, fine, or the like, if without rent part thereof. 33.--LEASE executed in pursuance of a duly stamped agreement for the same ...

$3. 34.-LEASE or Agreement for a Lease of any Land, House, Building or Tenement, at a rent, without payment of any sum of money by way of fine or premium, to be levied on the Annual Rent, for a term not exceeding :-

50 cents For every $100 or 75

part thereof.

One Year

Three Years.....

10 cents | Thirty Years

25

Exceeding Thirty Years

"

.......

See Art 21. $50.

LEASE, surrender of ................ .......The same amount of duty as is payable on the lease itself. LEASE, transfer of-with consideration money LEASE, transfer of-without consideration money NOTE. When both rent is paid and there is a fine or premium, the duty is to be the total of that que under both Articles 32 and 34.

........

EXEMPTION.-All rentals under $50 per annum. 35.-LETTER or other instrument of HYPOTHECATION accompanying (Referring to paritcular

deposit of document of title to any moveable property, or bond,

property, $3.

or other instrument of guarantee in respect of such property) Duplicate, 30 cents. or documents of title

General, $6. 36.-LETTER OR POWER OF ATTORNEY, or other instrument in the nature thereof,

for the sole purpose of appointing or authorizing a proxy to vote at any one 5 cts. See meeting at which votes may be given by proxy, whether the number of per- also 42. sons named in such instruments be one or more..... EXEMPTION-No duty if intended solely for use outside the Colony (Order in Council, 18th. February, 1915).

+

every

$100

37. LETTER OF GUARANTEE....

See Agreement, 4. 38.—MORTGAGE, or Agreement for a Mortgage, Bond, Debenture, Covenant, Warrant of Attorney to confess and enter up judgment, and Foreign security of any kind not specially charge with duty under this schedule, to be levied on the amount or value of the principal sum secured. (i.) Being the only, or principal, or primary security, and also where 10 cts. for every $100-

any further money is added to the money already secured ......... or part thereof. (ii.) Being a collateral or auxiliary or additional or substituted security, other than a Mortgage, executed pursuant to a duly stamped agreement for the same, or by way of further assurance for the above-mentioned purpose where 5 cts. for the principal or primary security is duly stamped, and for every extension of the time of an Original Mortgage whether or not endorsed on suca Mortgage. (iii.) Transfer assignment, disposition or assignation of any Mortg ge, bond, de- benture, covenant, or foreign security, or of any money or stock secured by any such instrument or by any warrant of Attorney to enter up Judgment, or by any Judgment; to be levied on the amount transferred (iv.) Re-assignment, release, discharge, surrender, re-surrender, war-15 cts. for every $500 of rant to vacate, or renunciation of any such security as aforesaid, the principal sum paid or of the benefit thereof, or of the money thereby secured. Where off or otherwise disch- the payment of interest in respect of the money secured is men- farged, provided that no tioned in any re-assignment or other document specified in this duty is chargeable in re- sub-section, no duty shall be payable in respect of such interest spect of any part of $500

or part thereof.