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XXIV
STAMP DUTIES, ETO.
fraudulent act to defraud of duty, — £20. (16
and 17 Vict. c. 59, § 3, 4, and 5.)
Resignation. — Principal or original instrument
of resignation, or service, or cognition of heirs,
or charter, or sasine of any houses, lands, or
other heritable subjects holding burgage ; also
instrument of resignation of lands, &c. not held
burgage, — 5s. Progressive duty, — 5s.
Sasine. — Instrument of sasine given on any
charter, precept of clare constat, or precept
from Chancery, or on any wadset, heritable
bond, disposition, apprising, adjudication of
any heritable subjects not of burgage tenure, —
5s. Progressive duty, — 5s.
Schedule ok Inventory of heritage or mov-
ables, or jeon taming the terms of any proposed
sale, lease, &c, or regulations for the cultiva-
tion and management of any farm, &c. sepa-
rate from and referred to in lease, bond, deed,
agreement, &c, chargeable with any stamp-
duty not exceeding 10s. — the same duty as
shall be chargeable on such lease, bond, agree-
ment, &c, and where referred to in such,
chargeable with a duty exceeding 10s., — 10s.
Progressive duty, — 10s.
Scrip Certificate, after 4th August 1853, that
is to say, any document denoting or intended to
denote the right or title of the holder thereof,
or any person to any share or shares in any
joint-stock or other company, or proposed or
intended company, or any certificate declaring
or entitling the holder thereof, or any person, to
be or become the proprietor of any share or
shares of or in any such company, where such
certificate, or the right or title to such share or
shares shall be, or be intended to be, transfer-
able by the delivery of such certificate, or other-
wise than by deed or instrument in writing, —
Id. (16 and 17 Vict. c. 63).
Settlement. — Any deed or instrument, whether
voluntary or gratuitous, or upon any considera-
tion other than a bond fide pecuniary con-
sideration, whereby any definite and certain
principal sum or sums of money, or any definite
and certain shares in any stocks or funds, shall
be settled or agreed to be settled upon or for
the benefit of any person or persons, either in
fiossession or reversion, either absolutely, or for
ife or other partial interest, or in any other
manner whatsoever, — if such sum or sums, or
the value of such share or shares, together, shall
not exceed in the whole £100, — 5s.
And if the same shall exceed £100, then for every
£100, and fractional part of £100, — 5s.
All such deeds which contain any settlement of
lands or other property, or any other thing
besides the settlement of such money or stock,
shall be chargeable with such further duty as
any separate deed containing such settlement of
lands or other property, or other thing, would
have been chargeable with, exclusive of the pro-
gressive duty.
And where there is more than one such deed
chargeable with any such duty exceeding
£1, 15s., one of them only shall be charged
with the ad valorem duty ; and also where any
settlement shall be made in pursuance of any
previous articles chargeable with and which
6halj have paid any such duty exceeding £1, 15s.,
it is not chargeable with the ad valorem duty ;
and the deeds not chargeable with the ad va-
lorem duty shall be charged with the duty to
which they are liable under any more general
description in the stamp schedules ; and on the
whole being produced, duly executed and
stamped, the latter shall also be stamped with
a particular stamp for denoting the payment of
the said ad valorem duty.
Exemption from this ad valorem duty. — Wills,
testaments, and testamentary instruments, and
dispositions mortis causa.
Writ of Acknowledgment by any person in-
feft of lands in Scotland, in favour of the heir
or disponee, of a creditor fully vested in right
of an heritable security constituted by infeft-
ment,— 10s. (16 and 17 Vict. c. G3, § 6.)
Inventory Duty.
The duty is imposed on the inventory of the per-
sonal estate and effects of deceased persons, re-
quired to be recorded in the Commissary Courts
according to the rates in the following table,
and is regulated by the amount of such estate
in Scotland. The same rates of duty are pay-
able on probates and letters of administration in
respect of the personal property situated in
England and Ireland.
The inventory-duty is paid on the whole personal
property in Scotland, and probate and adminis-
tration duty on the whole personal property
situated in England and Ireland without deduc-
tion of debts ; but the Act 5 and 6 Vict. c. 79, § 23,
provides for a return being given on proof of the
constitution and payment of the debts owing by
the deceased. This repayment must be claimed
within three years ; but the time will be pro-
longed on application to the Eoard of Inland
Revenue. If there be any omission in the in-

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