Directory_and_Chronicle_1927 — Page 498

.444

No. of Heading.

:37

LIST OF HONGKONG STAMP DUTIES

Instrument.

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

.38 Settlement.

Duty.

Nature of Stamp.

Point of time before which, or

period within which, the instrument must be stamped.

20 ets, for every Overem- 7 days after

$100 or part

thereof of the amount up to which security is given.

30 cts. for every $100 or part thereof of the amount or va- lue of the pro-i perty settled or agreed to be settled.

bossed.

execution.

Person liable for stamping,

where stamping

is compulsory.

The

ployer,

em-

""

""

All persons executing.

39

.40

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.

$3.

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

the date of

stamping.

(2) Transfer for a 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: $75.

When

it

exceeds $50,000: $10.

""

>>

""

""

Before ex- ecution.

The trans- feror and

the trans- feree.

Before issue. The

com-

pany issu-

ing.

Before de- The broker.

livery by

the bro-

ker.