Directory_and_Chronicle_1927 — Page 495

No. of Heading.

LIST OF HONGKONG STAMP DUTIES

Instrument.

Duty.

Nature of Stamp.

Overem. bossed

Point of time before which, or

period within which, the instrument must be stamped.

7 days after ex-

ecution.

441

Person liable for stamping,

where stamping

is

compulsory.

All persons ex-

ecuting.

d) SALA déli AreTÖLTET

30

(5) Where any further money is added to the money already secured.

(6) Agreement for a mortgage.

(7) Re-conveyance, reassign- ment, release, discharge, sur- render, or renunciation of any such security as aforesaid, or of the benefit thereof, or of the money thereby secured. (8) Certificate of satisfaction.

part

20 cts, for every

$100 or thereof of the additional prin- cipal sum secur- ed.

20 cts. for every $100 or part thereof of the principal

sum

to be secured.

*

""

11

see under

19

29

10 cts. for every $500 or part thereof of the principal sum secured.

(9) Mortgage executed in pur- $3.

suance of a duly stamped agreement for a mortgage. (10) Transfer of a mortgage made for the purpose of effec- tuating the appointment of a new trustee, if such transfer is made by some instrument other than the instrument by which the new trustee is appointed.

Exemption. Reassignment and mortgage made for the sole pur- pose of obtaining a new Crown lease, or for the sole purpose of surren- der to the Crown with a view to an exchange: See section 35.

See also:

Letter of hypothecation. Servant's security agreement. Notarial Act of any kind what- soever (except a protest of a bill of exchange or promis- sory note).

Exemption.

Notarial acts relating solely to transfers of shares on

share registers which are not required by law to be kept within the Colony.

10 cts. for every $100 or part thereof of the principal sum secured, up to a maximum of $5.

$3.

""

**

3595

11

19

The notary,

""

* Where the whole of the principal sum secured is released or discharged, 10 cents for every $500 or part thereof of the principal sum secured.

Where a portion of the principal sum secured is released or discharged, 10 cents. for every $500 or part thereof of the amount actually released or discharged.

Provided that any portion of the principal sum not expressed in any prior instru- ment then to be released or discharged shall be deemed to be released by the final instru- ment of reconveyance, reassignment, release, discharge, surrender, or renunciation.

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