Directory_and_Chronicle_1922 — Page 468

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40

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414

No. of Heading

Settlement.

LIST OF HONGKONG STAMP DUTIES

Instrument.

Point of time before which, or

Duty.

Nature of Stamp.

period within which, the instrument must be stamped.

Person liable for stamping, where stamping

is

compulsory.

30 cents for Overem- 7 days after All persons

every $100 bossed.

or part

execution.

executing.

thereof of

the amount

or value of

the pro- perty set- tled or agreed to be settled.

Settlement executed in pursu- ance of a duly stamped agree- ment for a settlement.

Shares.

(1) Transfer of.

Exemptions.

(a) Transfers of shares on share registers which are not required by law to be kept within the Colony.

(b) Transfers of share war-

rants to bearer.

(2) Transfer for а nominal amount, in the discretion of the Collector.

(3) Share Warrant to Bearer,

issued in the Colony.

(4) Share Contract Note, on every bought note and every sold note.

$3.

20 cents for every $100 or part thereof of the mar- ket value of the shares on the date of stamping.

$2.

$1 for every $100 or part thereof of the nomin- al value of the share.

""

Before ex- ecution.

""

"

The trans- feror and the trans- feree.

Before issue. The

com-

pany issu- ing.

Before de- The broker.

When the

value does

livery by

not exceed

the

bro-

$1,000: $1.

ker.

When it ex-

ceeds $1,000

but does

not exceed $10,000: $3. When it ex- ceeds $10,000

but does not exceed $20,000: $5. When it ex- ceeds $20,000 but does not exceed $50,000: $7.

When

it

exceeds $50,000: $10.