Directory_and_Chronicle_1923 — Page 482

430

No. of Heading.

38 Settlement.

LIST OF HONGKONG STAMP DUTIES

Instrument.

Duty.

Nature of Stamp.

Point of time before which, or

period within which, the instrument must be stamped.

Person liable for

stamping, where stamping

compulsory

30 cents for Overem- 7 days after All persons

39

40

every $100 bossed.

or part

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.

$3.

20 cents for every $100 or part thereof of the value

of

the

shares on the date of

stamping.

nominal

$2.

(b) Transfers of share war-

rants to bearer.

(2) Transfer for a

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.

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

execution.

*

"1

"

Before ex- ecution.

"}

11

executing.

The trans- feror and

the trans- feree.

Before issue. The

com.

1)

pany issu- ing.

Before de- The broker.

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: $74.

When

it

exceeds $50,000: $10.