‹‹‹ prev (1511)

(1513) next ›››

(1512)
108
STAMP DUTIES,
(4.) For the receipt of any sum of money, or any
bill of exchange or promissory note for any sum of
money not exceeding £20, or any periodical payments
not exceeding the annual sum of XIO (not being
hereinbefore charged), - - - - 6s.
(5.) For the sale, ti'ansfer, or acceptance of any of
the Government or Parliamentary stocks or funds :
Where the value of the stocks or funds does not ex-
ceed £100, - - - - - - 2s. 6d.
In any other case, _ _ _ _ IQs.
(6.) Of any kind whatsoever not hereinbefore
described, - - - - - - 10s.
Exemptions. — (1.) Letter or power of attorney for
the receipt of dividends of any definite and certain
share of the Government or Parliamentary stocks or
funds producing a yearly dividend less than £3.
(2.) Letter or power of attorney or proxy filed in the
Court of Probate in England or Ireland, or in any
ecclesiastical court. (3.) Order, request, or direction
under hand only from the proprietor of any stock to
any company or officer thereof, or to any bank, to
pay the dividends or interest to any person therein
named. (4.) Power of attorney given exclusively to
empower attorney to signify dissent or assent author-
ized by National Debt (Conversion) Act, 1888. —
(51 Vict. c. 2, § 23). (5.) Heritors' mandates to
vote and act at parochial boards. — (8 and 9 Vict. c.
83, § 22.)
Letters of Marque and Reprisal, - £5.
Letters Patent. See Grant.
Letter of Eeversion. See Mortgage, &c.
Licenses, Attorneys'. See Certificate. Annual
license to bankers issuing notes, £30 (55 Geo. III.
c. 184) ; superintendents of private lunatic asvlums
(20 and 21 Vict. c. 71, § 28), for periods not
exceeding thirteen months, - - - IQs.
License by any presbytery or other ecclesiastical
power in Scotland, - - - - £2
License to act as a notary public, - - £20
License to use surname or arms. See Grant.
License and Renewal of License to keep Retreat
under " Habitual Drunkards Act, 1879," £5 ; and
10s. for every patient above 10 whom it is intended
to admit into Retreat (42 and 43 Vict. c. 19, § 14).
Mandate. See Letter of Attorney.
Marketable Security and Foreign or Colonial
Share Certificate. — (1.) Marketable security,
(a) being a Colonial Government security, or (Jj)
being a security not transferable by delivery, or
(c) being a security transferable by delivery, and
bearing date, or signed, or offered for subscription
before or on 6th August, 1885 —
For or in respect of the money thereby secured,
the same ad valorem duty, according to the nature
of the security, as upon a mortgage. See Mortgage,
&c., (1) and (2.)
(2.) Transfer, Assignment, Disposition, or Assigna-
tion of a marketable security of any description — •
Upon a sale: See Conveyance on Sale. —
Upon a mortgage : See Moi;tgage, &c. In any
other case than a sale or mortgage, - - 10s.
(3.) Marketable Security (except a Colonial Govern-
ment security), being a security transferable by de-
livery, and bearing date, or signed, or offered for
subscription after 6th August, 1885.
For every £10, and fractional part of £10, of the
money secm-ed, ----- Is.
(4.) Marketable Security (except a Colonial Govern-
ment security), being such security as last aforesaid
given in substitution for a like security, duly stamped
in conformity with the law in force at the time when
it became subject to duty —
For every £20, and fractional part of £20, of the
money secured, _ _ _ - - 6d.
Marriage Contract. See Settlement, &c.
Mortgage, Bond, Debenture, Covenant (ex-
cept a marketable security otherwise specially
charged with duty), and Warrant of Attorney
to confess and enter up judgment.
(1.) Being the only or principal or primary security
(other than an equitable mortgage) for —
The payment or repayment of money s. d.
not exceeding £10 3
Exceeding £10 and not exceeding 25 8
" 25 " 50 1 3
" 50 " 100 2 6
" 100 " 150 3 9
150 " 200 5
" 200 " 250 6 3
" 250 " 300 7 6
" 300, for eveiy £100, and
also for any fractional part of £100,
of such amount, - - - - 2 6
(2.) Being a Collateral, Auxiliary, or Addi-
tional, or Substituted Security (other than an
equitable mortgage), or by way of further Assur-
ance, for the above-mentioned purpose, where the
principal or primary security is duly stamped — for
every £100, and also for any fractional part of £100,
of the amount secured, - - - - 6d.
Where bonds, debentures, or other similar securi-
ties are renewed, the memorandum or instrument of
renewal is chargeable, if under hand only with the
duty of 6d., or if under seal with the duty of 10s.,
or with the duty of 6d. for every £100 of the amount
secured, if such duty would not amount to so much
as 10s. — (Circular of Board of Inland Revenue, De-
cember, 1887).
(3.) Being an equitable mortgage — for every £100,
and any fractional part of £100, of the amount
secured, ------ Is.
(4.) Transfer, Assignment, Disposition, or
Assignation of any mortgage, bond, debenture, or
covenant (except a marketable security), or of any
money or stock secured by any such instrument, or
by any warrant of attorney to enter up judgment, or
by any judgment — for every £100, and also for any
fractional part of £100, of the amount transferred,
assigned, or disponed, exclusive of interest which is
not in aiTear, ----- 6d.
Transfer, &c., for effectuating the appointment of
a now trustee. Apparently section 78 would limit
the duty to 10s.
And also where any further money is added to the
money already secured, the same duly as a principal
security for such further money.
(5.) Reconveyance, Release, Discharge,
Surrender, Resurrender, Warrant to Vacate,
or Renunciation of any such security as aforesaid,
or of the benefit thereof, or of the money thereby
secured— for every £100, and also for any fractional
part of £100, of the total amount or value of the
money at any time secured, 6d.
Mortgage of Stock, or Marketable Security —
under hand only : See Agreement as to Mort-
gage of Stock, &c. By deed: See Mortgage.

Images and transcriptions on this page, including medium image downloads, may be used under the Creative Commons Attribution 4.0 International Licence unless otherwise stated. Creative Commons Attribution 4.0 International Licence