Directory_and_Chronicle_1925 — Page 492

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432

No, of Heading.

18

LIST OF HONGKONG STAMP DUTIES

Instrument.

Duplicate or counterpart of any instrument chargeable with any duty.

Exemption.

Policies of insurance, duplic- cates of: See Policy of insurance (8).

Equitable mortgage: See Mort-

gage.

19

Exchange.

Duty..

Nature of Stamp.

Point of time before which, or period within

which, the instrument must be stamped.

Person liable for stamping, where stamping

is compulsory.

Where the Overem 7 days after Voluntary.

duty on bossed. execution.

the ori- ginal in- strument does not exceed $2: the same duty as the original instru-

ment.

Where the

duty on

the ori- ginal in- strument exceeds $2: $2.

The same duty as on a convey. ance on sale for a consideration equal to the value of the property of the greater value.

""

All persons executing.

20 Exchange Contract Cancellation 10 cts. for

Note.

every $500 or part thereof.

Adhe- sive.

2 days after

cancella- tion, etc. See sec- tion 22 (5).

If one party to

the

contract was a banker and the other party was not a banker, the banker. ln every other case, the seller.

1126

Before the

The person

order

is

obtaining

signed by

the order.

the Regis-

Foreclosure Order, the duty to be calculated on the value of the property.

Where the Overem-

value of bossed.

the pro- perty does notexceed $20,000: 50 cts. for every $100 or part thereof. Where the value of the

property exceeds $20,000: $1

for every $100 or part

thereof.

trar.