No. 16 of 1901.
STAMPS.
47. Settlement. Any instrument, whether voluntary or upon any good or valuable consideration, other than a bona fide pecuniary consideration, whereby any definite and certain principal sum of money (whether charged or chargeable on lands or not, or to be laid out in the purchase of lands or not) or any definite and certain amount of stock, or any security, is settled or agreed to be settled in any manner whatsoever.
30 cents for every $100 or part thereof of the amount or value of the property settled or agreed to be settled.
Exemption.—Instrument of appointment relating to any property in favour of persons specially named or described as the objects of a power of appointment created by a previous settlement stamped with ad valorem duty in respect of the same property, or by will, where probate duty has been paid in respect of the same property as personal estate of the testator.
48. Settlement executed in pursuance of a duly stamped agreement for the same.
48a. Share warrants to bearer.
49. Statutory Declaration.
50. Surrender of a Lease.
51. Transfer of Shares or stock in any public company, to be computed on the market value of such shares on the day of stamping, which, if doubt arises, the Collector shall decide, subject to section 10 of this Ordinance.
Transfer for a nominal amount to be approved by the Collector.
$3.
30 cents for every $100 or part thereof.
See 2.
The same amount of duty as is payable on the lease itself.
10 cents for every $100 or part thereof.
$2.
GENERAL EXEMPTIONS.
Any document made or executed by or on behalf of His Majesty or of any Department of His Majesty's service, or whereby any property or interest is transferred to or any contract of any kind whatsoever is made with His Majesty or any person for or on behalf of His Majesty or any such Department as aforesaid.
* As amended by No. 34 of 1911, No. 2 of 1912 and No. 8 of 1912.
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No. 16 of 1901.
STAMPS.
47. Settlement. Any instru- ment, whether voluntary or upon any good or valuable consideration, other than a bonâ fide pecuniary consideration, whereby any definite and certain principal sum of money (whether charged or chargeable où > lands or not, or to be laid out in the purchase of lands or not) or any definite and certain amount of stock, or any security, is settled or agreed to be settled in any manner whatso-
ever
30 cents for every $100 or part thereof of the amount or value of the property settled or agreed to be settled.
Exemption.-Instrument of appointment relating to any property in favour of persons specially named or described as the objects of a power of appointment creat- ed by a previous settlement stamped with ad valorem duty in respect of the same property, or by will, where probate duty has been paid in respect of the same pro- perty as personal estate of the testator.
48. Settlement executed in pursuance of a duly stamped agree- ment for the same
Share warrants to
48a. bearer ......
49. Statutory Declaration 50. Surrender of a Lease {
51. Transfer of Shares or stock in any public company, to be computed on the market value of such shares on the day of stamping, which, if doubt arises, the Collector shall decide, subject to section 10 of this Ordinance,
Transfer for a nominal amount { to be approved by the Collector,...
$3.
30 cents for every $100 or part
thereof.
see 2.
the same amount of duty as is pay-
able on the lease itself.
10 cents for every $100 or part
thereof.
$2.
GENERAL EXEMPTIONS.
Any document made or executed by or on behalf of His Majesty or of any Department of His Majesty's service, or whereby any property or interest is transferred to or any contract of any kind whatsoever is made with His Majesty or any person for or on behalf of His Majesty or any such Department as aforesaid.
* As amended by No. 34 of 1911, No. 2 of 1912 and No. 8 of 1912.
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