Towns > Edinburgh > 1846-1975 - Post Office Edinburgh and Leith directory > 1871-1872

640
STAMP DUTIES, ETC.
On certificate of entry of assignment
or licence £0 5
On certificate of assignment or licence 5
On application for disclaimer 5
On caveat against disclaimer 2
On ofiice copies of documents, for every
ninety words (16 Vict. c. 5.) 2
Patent Medicine.
Price not exceeding Is. — IJd. ; not exceeding
2s. 6d.— 3d. ; not exceeding 4s. — 6d. ; not ex-
ceeding 10s.— Is. ; not exceeding 20s. — 2s.
Plate. — Gold, per oz., I7s. ; Silver, Is. 6d.
Exemptions. — Watch-cases, rings, etc.
Policy of Insurance.
Life and Personal Injury, and against Loss of or
Damage to Property.
(1.) Upon any life or lives, or upon any event or
contingency relating to or depending upon any
life or lives (except for the payment of money
upon the death of any person only from acci-
dent or violence, or otherwise than from a
natural cause) :
Where the sum insured does not exceed
£10 Os. Id.
Exceeds £10 but does not exceed £25 Os. 3d.
Exceeds £25 but does not exceed £500, —
For eveiy full sum of £50, and also for
any fractional part of £50, of the
amount insured Os. 6d.
Exceeds £500 but does not exceed £1000, —
For every full sum of £100, and also for
any fractional part of £100, of the
amount insured Is. Od.
Exceeds £1000,—
For every full sum of £1000, and also
for any fractional part of £1000, of
the amount insured 10s. Od.
(2.) For any payment agreed to be made upon
the death of any person, only from accident or
violence, or otherwise than from a natural
cause, or as compensation for personal injury,
or by way of indemnity against loss or damage
of or to any property Os. Id.
(33 and 34 Vict. c. 32, § 13.) (See Note a.)
a. § 117. (1.) The term ' insurance ' includes
assurance, and the term 'policy' includes every
writing whereby any contract of insurance is
made, or agreed to be made, or is evidenced.
Penalty for not making out Policy.— % 118. Every
person who —
(1 ) Eeceives or takes credit for any premium or
consideration for any contract of insurance,
and does not, within one month after receiving
or taking credit for such premium or considera-
tion, make out and execute a duly stamped
policy of such insurance ;
Or making., etc. any policy not duly stamped, £20
(2.) Makes, executes, or delivers out, or pays or
allows in account, or agrees to pay or allow in
account, any money upon or in respect of, any
policy which is not duly stamped,
shall forfeit the sum of £20.
Duty may he denoted by adhesive stamp.- — § 119.
(1.) The duties imposed by this Act upon policies
of insurance may be denoted by adhesive stamps,
or partly by adhesive and partly by impressed
stamps.
(2.) When the whole or any part of the duty upon
a policy of insurance is denoted by an adhesive
stamp, such adhesive stamp is to be cancelled by
the person by whom the polic}' is first executed.
Penalty £20. — (3.) In default of such cancellation
the person making the insurance shall forfeit the
sum of £20.
Insurance, Sea.
Policy of insurance (after 31st May 1867) for or
upon any voyage, —
(1.) For every £100, and fractional part of £100
thereby insured Os. 3d.
(2.) For time: For every £100 and any
fractional part of £100 thereby insured,. —
For any time not exceeding six months... Os. 3d.
For any time exceeding six months and
not exceeding twelve montlis Oe. 6d.
(Re-assurancps may be made notwithstanding
prohibition in 19 Geo. ii. c. 37,,'and policies of
such re-assurances shall be liable to stamp
duty.— 27 and 28 Vict. c. 56, § 1.)
But if the separate interest of two or more dis-
tinct persons shall be insured by one policy,
the duty of 3d., or 3d. or 6d., shall be charged
in respect of every £100, and every fractional
part of £100 thereby insured upon any separate
and distinct interest. (30 Vict. c. 23, sch. B.)
Insurances made for a voyage, ' and also for time,
or to extend to or cover any certain time be-
yond twenty-four hours after the ship shall
have arrived at her destination and been there
moored at anchor,' chargeable with duty for a
voyage and duty for time. (30 Vict. c. 23, § 11.)
' Sea insurance' means any insm-ance (including
re-insurance) upon any ship or the machinery,
tackle, or furniture of any ship, or upon goods,
merchandize, or property on board of any ship ;
or upon the freight or other interest which
may be lawfully insured in or relating to any
ship.
' Policy' means any instrument whereby a con-
-tract or agreement for sea insurance shall be
made. (30 Vict. c. 23, § 4.)
Commissioners of Inland Eevenue to provide
blank policies, printed (form sch. E to Act)
stamped. These forms may be bought at price
of duty. Before delivering out, officers of In-
land Eevenue to mark or write thereon day,
month, and year of deliveiy. Penalty for
wilful neglect, £100. (lb. § 5.)
No contract or agreement for sea insurance (other
than such insurance as is referred to in 25 &
26 Vict. c. 63, § 55) shall be valid unless ex-
pressed in a policy. Policy shall specify such
particular risk, names of underwriters, and
sums insured. If omitted, policy null and
void. (76. § 7.)
Policy for any time exceeding twelve months,
null. {lb. § 8.)
Policy not good or available in law or equity
unless duly stamped, and cannot be stamped
after it is signed or underwritten by any per-
son, except in two cases, to wit, —
1. Policy of mutual insurance may be stamped
with additional duty, provided it shall not
be underwritten at the time to an amount
exceeding the sums the stamps already on it
will warrant, {lb. § 9.)
2. Policy made abroad may be stamped within
two months after being received in the
United Kingdom. (33 & 34 Vict. c. 92, § 117.)
Alterations on the terms and conditions of a
policy may be made after it is underwritten —
if made before notice of determination of risk
originally insured, — and shall not prolong the
period beyond six months in the case of a
policy for less than six months, or beyond the
period allowed by the Act in the case of a
policy made for more than six months, and if
the property of the articles insured remains the
same, and no additional or further sums shall
be insured.
Carriers by sea or other person who, for money