Directory_and_Chronicle_1921 — Page 511

44.-RE-ASSIGNMENT..

LIST OF HONGKONG STAMP DUTIES

•

ORDER IN COUNCIL, 31 JU Y, 1905.

J

457

See Mortgage, 38. 45.-RECEIPT or Discharge given for the payment of money, or in acquittal of a debt paid 5 cts.

in money or otherwise, when the sum received, discharged, or acquitted exceeds $10 j 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

The same duty as

a mort- gage. See Art. 38 (i.) and (ii).

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 employed 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 <r 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...] 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 49.- STATUTORY DECLARATION

30 cts. for every $100 or part thereof of the amount or va- lue of the property settled or agreed to be settled.

***•.

$3. See 2.

EXEMPTION. All statutory Declarations which, since the 4th day of September, 183, have been, and which shall hereafter be, made under or in pursuance of Form No. 3 in the Schedule to the Statutory Declarations Ordinance, 1893, are exempted from liability to bear any Stamp Duty under any Ordinance for the time being in force in the Colony of Hongkong.

ORDER IN COUNCIL, 3 november, 1904

50.—SURRENDER OF A LEASE ......... The same amount of duty as is payable on the lease itself. 51.-TRANSFER OF SHARES, or stock in any Public Company, to be computed on 10 cts. for every

the market value of such shares on the day of stamping, which, if doubt

$100 or part arises, the Collector shall decide subject to Section 10 of this Ordinance ... } thereof. (i) Transfer for a nominal amount, $2. Share-warrants to Bearer three times the Amount in Art. to be approved by the Collector 51 (i) above (the nominal value of the warrants is taken). 52.- SHARE-WARRANT TO BEARER

30 cts. for every $100 or part thereof. See Art. 31-(Order in Council, 2nd March, 1903). GENERAL EXEMPTIONS

TRADE MARK

(1) Any Documemt relating to Land in New Territories executed in pursuance of the provisions of the New Territories Land Ordinance, 1905, or any rules or regulations inade thereunder (Ordinance No. 3 of 1905).

(2) Any grant of Probate or Letter of Administration in respect of the Estate of any deceased person which Estate at the death of such person comprises Land subject to New Territories Land Ordinance 1905 in so far as the value of such Land itself is concerned but not further (Order in Council, 31st July, 1905).

Any Document made 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 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 with- in 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, namely-Leases or Agreements for a Lease for a period of one year or under.

EMIGRATION FEES, under the Asiatic Emigration Consolidation Ordinance, 1915 :—

Application for a certificate

$1.

Certficate....

$1.