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STAMP DUTIES.
15
deed, or instrument whatever, duly
stamped, acknowledging the receipt of the
consideration money therein expressed,
or the receipt of any principal money,
interest, or annuity thereby secured.
Note. — Stamps may be impressed or
affixed. Where adhesive stamps are
affixed, the granter is required to can-
cel the stamps by -writing his name or
initials on them. Penalty for omission,
£10. Penalty for removing adhesive
stamps, or using them a second time, or
doing anv fraudulent act to defraud of
duty, £20.-16 and 17 Vict. c. 59,
§ 3, 4, and 5.
Resignation. — Principal or original in-
strument of resignation, or service, or
cognition of heirs, or charter, or sasine
of any houses, lands, or other heritable
subjects holding burgage ; also instru-
ment of resignation of lands, &c. not
held burgage, 5s. Progressive duty, 5s.
Sasine. — Instrument of sasine given on
any charter, precept of dare constat, or
precept from Chancery, or on any wad-
set, heritable bond, disposition, appris-
ing, adjudication of any heritable sub-
jects not of burgage tenure, 5s. Pro-
gressive duty, 5s.
Schedule or Inventory of heritage, or
movables, or containing the terms of
any proposed sale, lease, &c., or regu-
lations for the cultivation and manage-
ment of any farm, &c, separate from
and referred to in lease, bond, deed,
agreement, &c, chargeable with any
stamp duty not exceeding 10s., — The
same dutj r as shall be chargeable on
such lease, bond, agreement, &c., and
where referred to in such, chargeable
with a duty exceeding 10s., — 10s. Pro-
gressive duty, 10s.
Scrip Certificate, after 4th Aug., 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 in-
tended company, or any certificate de-
claring or entitling the holder thereof,
or any person to be or become the pro-
prietor of any share or shares of or in
any such company, where such certifi-
cate, or the right or title to such share
or shares shall be, or be intended to be,
transferable by the delivery of such cer-
tificate, or otherwise 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 consideration other than a
bona fide pecuniary consideration,
whereby any definite and certain prin-
cipal 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 possession
or reversion, either absolutely, or for
life 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 settle-
ment 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, ex-
clusive of the progressive 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 pre-
vious articles chargeable with and which
shall have paid any such duty exceed-
ing£l, 15s. ; it is not chargeable with the
ad valorem ' duty ; and the deeds not
chargeable with the ad valorem duty
shall be charged with the duty to which
the}' are liable under any more general
description in the stamp schedules ; and
on the whole being produced, duly exe-
cuted 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 Acknoavledgment by any
person infeft of lands in Scotland, in
favour of the heir or disponee of a cre-
ditor fully vested in right of an heritable
securitv constituted by infeftment, 10s.
—16 and 17 Vict. c. 63, § 6.
inventory duty.
The duty is imposed on the inventory of
the personal estate and effects of de-
ceased persons, required to be recorded
in the commissory courts according to
the rates in the following Table, and is
regulated by the amount of such estate

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