Towns > Edinburgh > 1846-1975 - Post Office Edinburgh and Leith directory > 1890-1891

842
STAMP DUTIES, ETC.
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 as follows: —
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. (Jh. § 9.)
2. Policy made abroad may be stamped within
ten days after being received in the United
Kingdom. (33 and 34 Vict. c. 97, § 117, 50
and 51 Vict. c. 15, § 6.)
3. Policy unstamped or insufficiently stamped
produced in court of civil judicature may be
stamped on payment to the officer whose duty it
is to read it of unpaid duty and penalty of £100,
and further sum of £1. (39 Vict. c. 6, § 2.)
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
paid as additional freight or otherwise, takes
the risk of goods, etc., while on board ship,
or engages to indemnify the owners of such
goods, etc., from loss, — such shall be deemed
a contract for a sea insurance.
Penalty of £100 is imposed on a person who shall
become an assurer upon a sea insurance unless
by policy duly stamped. (30 Vict. c. 23, § 13.)
Penalty of £100 is imposed on a person who shall
procure a sea insurance unless there shall be
policy duly stamped. (30 Vict. c. 23, § 14.)
Penalty of £100 is also imposed upon a broker,
agent, or other person negotiating a sea insur-
ance contrary to the Act, or writing an agree-
ment for a sea insurance not duly stamped.
Qbid. § 14.)
Penalty of £100 is imposed for issuing a document
purporting to be a copy of a policy, if there shall
not be a duly stamped policy existing at the
time. (Jhid. § 15.)
Broker, agent, or other person negotiating a sea
insurance shall not have right to charge for
his trouble, nor for the premium which he may
have paid, unless there shall be a duly stamped
policy. Money paid to such broker shall be
held to be paid without consideration, and shall
remain the property of the employer, his exe-
cutors, or assigns. (Ibid. § 16.)
Power op Attoeney. See Letter of Attorney.
Precept of Clare Constat to give seisin of lands
or other heritable subjects in Scotland 5s.
Procuration — Deed or other instrument of ....10s.
Promissory Note. See Bank Note, Bill of
Exchange, and § 49. (This section defines
' Promissory Note.')
Protest of any biU of exchange or promissory note :
Where the duty on the bill or note does not
exceed Is., the same duty as the bill or note.
In any other case Is.
Proxy. See Letter or PovnsR of Attorney.
[Queen — Instruments relating to private property
of, liable to same duties as instruments relating
to property of subjects, § 5.]
Receipt given for, or upon the payment of, money
amoimting to £2 or upwards Id.
Exemptions. — (1.) Eeceipt given for money de-
posited in any bank, or with any banker, to be ac-
counted for and expressed to be received of the
person to whom the same is to be accounted
for.
(2.) Acknowledgment by any banker of the
receipt of any bill of exchange or promissory
note for the purpose of being presented for
acceptance or payment.
(3.) Keceipt given for or upon the payment of
any parliamentary taxes or duties, or of money
to or for the use of Her Majesty.
(4.) Eeceipt given by the Accountant-General of
the Navy for any money received by him for
the service of the navy.
(5.) Receipt given by any agent for money im-
prested to him on account of the pay of the a.nny.
(6.) Receipt given by any officer, seaman, marine
or soldiei', or his representatives, for or on
account of any wages, pay, or pension, due
from the Admiralty or Army Pay Office.
(7.) Receipt given for the consideration money
for the pui'chase of the stocks of Government,
etc., or of India, or of Bank of England, or
Bank of Ireland, or for any dividend paid on
same respectively.
(8.) Receipt given for any principal money or
interest due on an exchequer bill.
(9.) Receipt written upon a bill of exchange or
promissory note duly stamped.
(10.) Receipt given upon any bill or note of the
Governor and Company of the Bank of England
or the Bank of Ireland.
(11.) Receipt endorsed or otherwise written upon
or contained in any instrument liable to stamp
duty, and duly stamped, acknowledging the re-
ceipt of the consideration money therein ex-
pressed, or the receipt of any principal money,
interest, or annuity, thereby secured or therein
mentioned.
(12.) Receipt given for drawback or bounty upon
the exportation of any goods or merchandise
from the United Kingdom.
(13.) Receipt given for the retui-n of any duties
of customs upon certificates of over entry.
(14.) Eeceipt endorsed upon any bill drawn by
the Lords Commissioners of the Admiralty,
or by any person under their authority, or
under the authority of any Act of Parliament,
upon and payable by the Accountant-General
of the Navy.
(15.) Receipt by an officer of a public depart-
ment of the State for money paid by way of
imprest or advance, or in an adjustment of an
account where he derives no personal benefit
therefrom. (45 and 46 Vict. c. 72, § 9.)
(16.) In the Pensions and Yeomanry Pay Act,
1884, § 5, there is an exemption of receipt,
affidavit, etc., used in pursuance of _ any
warrant, order, or regulation of Her Majesty
or a Secretary of State. (See Note a.')
a. Intei-jvetation of Eeceipt.—^ 120. The term
'receipt' means and includes anj- note, memoran-
dum, or writing whatsoever whereby any money
amounting to £2 or upwards, or any bUl of ex-
change or promissory note for money amoimting'
to £2 or upwards, is acknowledged or expressed to
have been i-eceived or deposited or paid, or whereby
any debt or demand, or any part of a debt or
demand, of the amount of £2 or upwards, is
acknowledged to have been settled, satisfied, or
discharged, or which signifies or imports any such
acknowledgment, and whether the same is or is not
signed with the name of any person.
Penalty for offences.—^ 123. If any person—