Directory_and_Chronicle_1925 — Page 498

438

No. of Heading.

.38 Settlement.

39

40

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

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 a

$3.

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

nominal

$2.

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 value does not exceed $1,000: $1. 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: $73.

When

it

exceeds $50,000: $10.

execution.

""

""

executing.

Before ex- ecution.

The trans- feror and

35

the trans- feree.

Before issue. The

""

com-

pany issu- ing.

""

Before de- The broker.

livery by

the bro-

ker.