Towns > Glasgow > 1828-1912 - Post-Office annual Glasgow directory > 1866-1867

24
STAMP DUTIES.
"Where the value of the matter in dispute shall not
exceed .£5 £0 3
Exceeding £5 and not exceeding £10
10
20
30
40
50
100
200
500
750
20.
30.
40.,
50.
100.,
200.,
500..
750.,
1000..
.0 10
.0 15
.1
.1 5
i; 1000, and also in all other cases
net provided for,., 1 15
Benefice, Ecclesiastical. See Ecclesiastical
Benefice in Scotland.
Eill (Inland), Draft or Order for payment of
money to the bearer, or to order, on demand
(after 10th October, 1853, and upon bankers
after 24th May, 1858), .. Id.
The following instruments shall be deemed drafts
or orders for payment of money, and shall be
chargeable accordingly, viz. :— All writings usually
termed letters of credit, whereby any person shall
have credit with any other person for money.
Exemptions. — All letters of credit sent by persons
in the United Kingdom to persons abroad,
authorizing drafts on the United Kingdom (16 and
17 Viet. c. 59).
All bills, drafts, or orders for payment by any
banker of money, -though not payable to bearer
or to order, and whether delivered to payee or not;
and all writings entitling any person to payment
from or by any banker of money, whether tlie
person be named or not, or whether the same be
delivered to him or not, shall be deemed bills,
drafts, or orders chargeable with stamp duty.
Provided that one writing, although directing
payment of several sums to different persons, shall
be chargeable with duty as one order only (23 Viet,
c. 15).
Drafts or orders, or writings for payment, by or
through any banker, of money sent or delivered to
the banker, not to be chargeable with any higher
duty than one penny (which may be denoted by-
adhesive stamp), although payable at any time
after date (23 and 24 Vict. c. Ill, § 17).
Exemptions. — Any draft,, or order by any banker
upon any other banker,, not payable to bearer or
order, and used solely for settling any account
between such bankers. .
Any letter by a banker to any other banker, direct-
ing payment of money, not payable to bearer or
to order, and not delivered to the person to whom
payment is to be made, or to any person on his
behalf; and all orders for payment of any annuity
granted by the Commissioners for reduction of the
national debt, or any dividend or interest on
government or parliamentary stocks or funds;
and all drafts by the accountant-general cf the
Court of Chancery in England or Ireland. (23
Vict. c. 15.)
[The duty of one penny on drafts or orders may be
impressed on the paper, or an adhesive stamp may
be affixed (16 and 17 Vict. c. 59, § 3.— St"e
Adhesive Stamps, 16 and 17 Vict. c. 59, §§ 4
and 5). The maker of the draft must cancel the
adhesive stamp. The payer of the draft must,
when he pays it, write the word " paid" on the
stamp. (23 Vict. c. 15, § 12.) The Bank mav
affix and cancel (23 and 24 Vict. c. Ill, § IS).]
1. Bill (Inland) payable otherwise than on de-
mand.
2. Promissort Note payable otherwise than to
bearer on demand.
3. Bill (Foreign) drawn in but payable out cf
United Kingdom, not drawn in sets of three or
more.
4. Bill (Foreign) not exceeding £500 drawn out
and payable out of United Kingdom, but en-
dorsed or negotiated within United Kingdom, not
drawn in sets of three or more.
5. Bill (Foreign) not exceeding £500 drawn out
of and payable within United Kingdom.
6. Bill (Foreign) drawn or endorsed out of
United Kingdom, payable on demand (after 3rd
April, I860), 23 Vict. c. 15).
7. Bill (Foreign.): Any bill of exchange payable
on demand endorsed out of United Kingdom,
wheresoever drawn (27 and 28 Vict. c. 56, § 2).
8. Foreign Promissory Note made out of and
payable within United Kingdom (23 and 24 Vict.
c. 111).
Not exceeding £5 Id."
Exceeding £5 and not above £10 2d.
" " 10 " 25 3d.
" 25 " 50 Gd.
" 50 " 75 get
75 " 100.. Is.
The following duties apply to all the above, and, in
addition, to Promissory Notes payable to bearer
on demand —
Above £100 arrd not above £200 2s.
200
300
400
500
750
1000
1500
2000
3000
300.
400.
500.
. 750.
1000.
1500.
2000.
3000.
4000.
.3s.
As.
Gd.
,10s.
. 1 5s.
,20s.
,30s.
,40s.
" 4000, for every £1000 or part of
£1000 10s.
Bill (Foreign) for payment of money exceeding
£500 drawn out of United Kingdom, and payable
or endorsed, or negotiated within United Kingdom
(24 and 25 Vict. c. 21). For every £100 acd
part of £100, Is.
[Promissory Notes for £100 or under are not to
be drawn payable to bearer on demand, except
bankers' re-issuable notes, which require a dif-
ferent stamp; and only such notes of bankers can
be re- issued after being once paid.]
Bills (Foreign) drawn in, but payable out of
United Kingdom, and also drawn out and payable
out of United Kingdom. , but endorsed or nego-
tiated within United Kingdom, if drawn in sets of
three or more, for every bill of e::eh set —