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1659
STAMP DUTIES
(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 secured, ----- 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 th e
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
25
50
100
150
200
250
300,
50
100
150
200
250
300
for every £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 (not
exceeding £2000, 3 Edw. VII. c. 46, § 7)— for
every £100, and also for any fractional part of £100,
of the amount secured, - - - - 6d.
, (Exceeding £2000, 3 Edw. VII. c. 46, § 7), 10s.
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 with a clause of registration 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, December, 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
I by any warrant of attorney to enter up judgment, or
by any judgment — for every £100, and also for any
i fractional part of £100, of the amount transferred,
I assigned, or disponed, exclusive of interest which is
■■ not in arrear, _____ 6d.
Transfer, &c, for effectuating the appointment of
| a new trustee. Apparently section 62 would limit
the duty to 10s.
And also where any further money is added to the
!; money already secured, the same duty as a principal
li 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
stoured — 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.
[If more than one discharge of same mortage, the last
is liable to 6d. per cent, on total amount of bond,
the others to 10s. deed duty, or 6d. per cent, on
total amount of bond, if less. A clause of restric-
tion in a discharge does not affect duty. A deed
of restriction, where no portion of bond repaid, is
liable to 10s., or 6d. per cent, on total amount of
bond, if less.]
Mortgage of Stock, or Marketable Security —
under hand only : See Agreement as to Mort-
gage of Stock, &c. By deed : See Mortgage.
Mutual Disposition. See Exchange.
Notarial Act of any kind whatsoever (except a
protest of a bill of exchange or promissory note,
or any notarial instrument to be expeded and
recorded in any register of sasines), Is. And see
Protest and Seisin.
Notarial Instrument to be expeded and recorded
in any register of sasines. (See Seisin). - 5s.
Order for the payment of money. See Bill of
Exchange.
Partition or Division. See Exchange.
Passport, ------ 6d.
Patent Medicine. — Price not exceeding Is., l£d. ;
not exceeding 2s. 6d., 3d. ; not exceeding 4s., 6d.;
not exceeding 10s., Is.; not exceeding 20s., 2s., &c.
Playing Cards. — For and in respect of every pack
made fit for sale or use in the United Kingdom
(25 Vict. c. 23), 3d.
Policy of Sea Insurance.
(1.) Where the premium or consideration does not
exceed the rate of 2s. 6d. per centum of sum in-
sured, ------- Id.
(2.) In any other case — ■
(a.) For or upon any voyage — in respect of
every £100, and fractional part of £100, thereby
insured, ------ 3d.
(6.) For time —
For every £100, and any fractional part of £100i
thereby insured —
For any time not exceeding six months, - 3d.
Exceeding six months, and not exceeding twelve
months, ------ 6d.
(A policy of ksurance to cover any ship or vessel,
or its machinery or Sttirg-j while under construction,
or repair, or on trial, shall be sufficiently stamped for
the purposes of Stamp Act, 1891, and Acts amend-
ing the same, if stamped as a policy of insurance for
a voyage, and though made for a time exceeding
twelve months, shall not be deemed to be a policy
made for time.— 3 Edw. VII. c. 46, § 8).
(Continuation clause on sea policy, 1 Edw. VII.
c. 7, § 11.. 6d. over and above original duty on
policy, and if new risk attaches and fresh policy not
issued, continuation clause to be deemed a ne*v and
separate contract, and the policy to be stamped in
respect of that contract).

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