Directory_and_Chronicle_1926 — Page 496

444

No. of Heading.

LIST OF HONGKONG STAMP DUTIES

Instrument.

37 Servant's Security Agreement which is not chargeable with mortgage duty.

.38

Settlement.

39

40

Duty.

Nature of Stamp.

20 cts, for every Overem-

or part bossed.

$100

thereof of the amount up to which security is given.

30 ets, for every $100 or part thereof of the| ainount or va- lue of the pro- perty settled or agreed to be settled.

Settlement executed in pursu- $3.

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

the Collector.

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

(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.

Point of time before which, or period within which, the instrument must! be stamped.

7 days after

execution.

""

Before ex- ecution.

"

""

Person liable for stamping,

where stamping

is compulsory.

The

ployer,

em-

All persons

executing.

The trans- feror and the trans- feree.

Before issue. The

59

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: $73.

When

it

exceeds $50,000: $10.