Towns > Edinburgh > 1846-1975 - Post Office Edinburgh and Leith directory > 1879-1880

STAMP DUTIES, ETC.
Beconveyance, Kelease, or Eenunciation of any
security. See Mortgage, etc.
Belease or Rekunciation of any property, or of
any right or interest in any property —
Upon a sale. See Conveyance on Sale.
By way of security. See Mortgage, etc.
In any other case 10s.
Eenunciation. See Beconveyance and Release.
Resignation. — Principal or original instrument of
resignation, or service of cognition of heirs,
or charter or sasine of any houses, lands, or
other heritable subjects in Scotland holding
burgage, or of burgage tenure 5s.
And instrument of resignation of any lands or
other heritable subjects in Scotland not of
burgage tenure 5s.
Bevocation of any use or trust of any property by
deed, or by any writing, not being a will. ..10s.
Schedule, Inventory, or document of any kind
whatsoever, referred to in or by, and in-
tended to be used or given in evidence as part
of, or as material to, any other insti'ument
charged with any duty, but which is separate
and distinct from, and not endorsed on or
annexed to, such other instrument —
Where such other instrument is chargeable
with any duty not exceeding 10s., the same
duty as such other instrument.
In any other case 10s.
Exemptions. — (1.) Printed proposals published
by any corporation or company respecting
insurances, and referred to in or by any policy
of insurance issued by such corporation or com-
pany.
(2.) Any public map, plan, survey, apportion-
ment, allotment, award, and other parochial or
public document and writing, made under or
in pursuance of any Act of Parliament, and
deposited or kept for reference in any registry,
or in any public office, or with the public
books, papers, or writings of any parish.
Scrip Certificate or Scrip, See Letter of
Allotment.
Seisin. — Instrument of seisin given upon any
charter, precept of dare constat, or precept
from Chancery, or upon any wadset, heritable
bond, disposition, apprizing, adjudication, or
otherwise of any lands or heritable subjects iu
Scotland not of burgage tenure 5s.
And any Notarial Instrument to be expeded
and recorded in any register of sasines 5s.
Settlement. — Any instrument, whether voluntary
or upon any good or valuable consideration,
other than a bona fide pecuniary considera-
tion, whereby any definite and certain prin-
cipal sum of money (whether charged or
change or promissory note for money amoimting
to £2 or upwards, is acknowledged or expressed to
have been received 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 —
(1.) Gives any receipt liable to duty and not duly
(2.) In any case where a receipt would be liable
to duty, refuses to give a receipt duly stamped :
(3.) Upon a payment to the amount of £2 or
upwards, gives a receipt for a sum not amount-
ing to £2, or separates or divides the amount
paid with intent to evade the duty :
he shall forfeit the sum of £10.
chargeable on lands or other hereditaments or
heritable subjects or not, or to be laid out in
the purchase of lands or other hereditaments
or heritable subjects or not), or any definite-
and certain amount of stock, or any security, is
settled or agreed to be settled in any manner
whatsoever —
For every £100, and also for any fractional part
of £100, of the amount or value of the property
settled or agreed to be settled 5s.
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 settle-
ment, stamped with ad valorem duty in respect
of the same property, or by will, whei-e probate
duty has been paid in respect of the same pro-
perty as personal estate of the testator.
[Money in foreign or colonial currency, duty to-
be calculated on the value in British cmTency
according to the current rate of exchange at
the date of the instrument (§ 11). Stock or
marketable security, duty to be calculated on
the value according to the average price at the
date of the instrument (§ 12).^
(See Note a.)
Share Warrant issued under the provisions of
' The Companies Act, 1867.' — See section 33 of
a. As to settlement of policy or security § 124.
Where any money which may become due or pay-
able upon any policy of insurance, or upon any
security not being a marketable security, is settled
or agreed to be settled, the instrument whereby
such settlement is made or agreed to be made is to
be charged with ad valorem duty in respect of such
mouey :
Proviso as to policies. — Provided as follows—
(1.) Where, in the case of a policy of insur-
ance, no provision is made for keeping up
the policy, the ad valorem duty is to b&
charged only on the value of the policy at
the date of the instrument.
(2.) If in any such case the instrument contains-
a statement of such value, and is stamped im
accordance with such statement, it is, so far
as regards such policy, to be deemed duly
stamped, unless or until it is shown that
such statement is untrue, and that the instru-
ment is in fact insufficiently stamped.
Provision for payment or transfer of money or
stock settled. — § 125 (1.) An instrument char.geable
with ad valorem duty as a settlement in respect of
any money, stock, or security is not to be charged
with any further duty by reason of containing pro-
vision for the payment or transfer of the same
money, stock, or security.
Reversionary property settled — Annuity by person
in possession. — (2.) Where any money, stock, or
security is settled or agreed to be settled by a per-
son who has only a reversionary interest therein, and.
the instrument whereby such settlement is made
or agreed to be made contains a covenant by the-
person entitled in possession to the interest or divi-
dends of such money, stock, or security for the pay-
ment, during the continuance of such possession, of
any annuity or yearly sum not exceeding interest
at the rate of £4 per centum per annum upon the
amount or value of such money, stock, or securitjv
such instrument shall not be charged with any
duty in respect of such covenant.
Where several instilments, one only to be charged
with ad valorem dttty. — § 126 (1.) Where several
instruments are executed for effecting the settle-
ment of the same property, and the ad valorem duty
chargeable in respect of the settlement of such pro-