STAMP DUTIES (AMENDMENT) ACT. Act No. 36, 1965. An Act to make certain provisions relating to stamp duties to be applicable upon the adoption of decimal currency; to reduce certain rates of stamp duty upon motor vehicle certificates of registration and certain transactions relating to purchases of properties; for these and other purposes to amend the Stamp Duties Act, 1920-1964, the Finance (Greyhound-racing Taxation) Act, 1931-1955, and the Companies (Death Duties) Act, 1901-1944; and for purposes connected therewith. [Assented to, 20th December, 1965.] BE D E it enacted by the Queen's Most Excellent Majesty, by ·*"* and with the advice and consent of the Legislative Council and Legislative Assembly of New South Wales in Parliament assembled, and by the authority of the same, as follows: -- 1. (1) This Act may be cited as the "Stamp Duties (Amendment) Act, 1965", and shall be read and construed with the Stamp Duties Act, 1920-1964, which Act is in this Act referred to as the Principal Act. (2) The Principal Act, as amended by this Act, may be cited as the Stamp Duties Act, 1920-1965. (3) (a) Sections one, two, ten, twelve and thirteen of this Act shall commence upon the day upon which it receives the Royal Assent. (b) Section eleven of this Act shall commence upon the first day of January, one thousand nine hundred and sixty-six. (c) Sections three to nine inclusive of this Act and the Schedule thereto shall commence upon the appointed day. 2. In this Act, unless the context or subject-matter otherwise indicates or requires,-- "Appointed day" means the day upon which Part II of the Commonwealth Act commences. "Commonwealth Act" means the Currency Act 1965 of the Parliament of the Commonwealth of Australia and includes any Act passed in amendment of or substitution for that Act. "Decimal currency" means the currency provided for by Part II of the Commonwealth Act. "Old currency" means the currency provided for by the Acts repealed by the Commonwealth Act. "First period" means that period from the appointed day to a day to be appointed by the Governor and notified by proclamation published in the Gazette. "Second "Second period" means that period commencing at the termination of the first period to a day to be appointed by the Governor and notified by proclamation published in the Gazette. 3. The Stamp Duties Act, 1920-1964, is amended-- (a) by inserting in section three immediately before the definition of "Backer" the following new definition : -- "Appointed day" means the day upon which Part II of the Currency Act 1965 of the Parliament of the Commonwealth of Australia commences. (b) by inserting next after section five the following new section: -- 5A. Where any instrument has been duly stamped in accordance with the law in force before the appointed day and the stamp duty chargeable on any other instrument executed on or after such day is referable to such instrument, the duty chargeable on such other instrument shall be that which would be chargeable were the duty paid on the first mentioned instrument expressed on the basis referred to in section eleven of the Currency Act 1965 of the Parliament of the Commonwealth of Australia. (c) by inserting next after subsection one of section six the following new paragraph : -- Provided that as from the appointed day duty on any instrument may be denoted in terms or in a manner used in connection with the currency provided for by Part II of the Currency Act 1965 of the Parliament of the Commonwealth of Australia or any Act passed in amendment of or substitution for the same. (d) (d) by inserting at the end of section twenty-nine the following new paragraph : -- Provided that any instrument chargeable with duty before the appointed day shall be deemed to be duly stamped in accordance with the law in force at the time when it was first executed, notwithstanding that the duty chargeable on such instrument is denoted in terms of the currency provided for by Part II of the Currency Act 1965 of the Parliament of the Commonwealth of Australia or any Act passed in amendment of or substitution for the same. (e) (i) by omitting from subsection one of section sixty-four the word "two-thirds" and by inserting in lieu thereof the word "three-quarters"; (ii) by omitting from subsection two of the same section the word "one-third" and by inserting in lieu thereof the word "one-quarter"; (f) (i) by inserting next after subparagraph (v) of paragraph (c) of subsection four of section 1 0 1 D the following new subparagraph:-- j (vi) This paragraph shall, in the case of) every person who dies on or after the J appointed day, whether in New South: Wales or elsewhere and who was at the ' date of his death domiciled in New South Wales, be read and construed as if the words "one thousand pounds" and "two thousand five hundred pounds" wherever occurring in subparagraphs (i) and (ii) of this paragraph were omitted therefrom and the words "two thousand dollars" and "twenty thousand dollars" were respectively inserted in lieu thereof. (ii) (ii) by inserting next after the same subsection the following new subsection: -- (5) In the case of every person who dies on or after the appointed day, whether in New South Wales or elsewhere, and who was at the date of his death domiciled in New South Wales, this section shall be read and construed as if-- (a) the words "Seventh Schedule" wherever occurring were omitted from subsection one and the word and symbols "Schedule 7A" were inserted in lieu thereof; (b) the words "one pound" were omitted from subsection one and the words "two dollars" were inserted in lieu thereof; (c) the words "one thousand pounds" were omitted from paragraph (b) of subsection four wherever occurring and the words "two thousand dollars" were inserted in lieu thereof. (g) by inserting at the end of section 1 0 1 E the following new paragraph : -- This section shall, in the case of every person who dies on or after the appointed day, whether in New South Wales or elsewhere, and who was at the date of his death domiciled outside New South Wales, be read and construed as if the words "Eighth Schedule" wherever occurring were omitted therefrom and the word and symbols "Schedule 8A" were inserted in lieu thereof. (h) by inserting at the end of section 105A the following new subsection : -- (3) In the case of every person who dies on or after the appointed day, this section shall be read and construed as if the words "Seventh Schedule" in in subsection two of this section were omitted therefrom and the word and symbols "Schedule 7A" were inserted in lieu thereof. (i) by inserting next after subsection (3c) of section 112c the following new subsection: -- (3D) This section shall, in the case of every person who dies on or after the appointed day, be read and construed as if-- (a) the words "seven thousand five hundred pounds" wherever occurring in subsections one and two of this section were omitted therefrom and the words "thirty thousand dollars" were inserted in lieu thereof; (b) the symbols and figures "£3,000", "£4,000", "£5,000", "£6,000" and "£7,500" wherever occurring in subsection three of this section were omitted therefrom and the symbols and figures "$22,000", "$24,000", "$26,000", "$28,000" and "$30,000" were respectively inserted in lieu thereof. (j) by inserting at the end of section 1 12D the following : new paragraph: -- This section shall, in the case of every person I who dies on or after the appointed day, be read and construed as if the words "seven thousand five i hundred pounds" were omitted therefrom and the words "thirty thousand dollars" were inserted in lieu thereof. (k) by inserting after the word "Schedules" in section one hundred and thirty-eight the words and symbols "and Schedules 7A and 8A"; (1) (1) by omitting the Second Schedule and by inserting in lieu thereof the following Schedule: -- SECOND SCHEDULE. STAMP DUTIES AND EXEMPTIONS. Nature of Instrument Amount of Duty $ c ^ ° a ? ab 7 e mariIy ACKNOWLEDGMENT by executor or administrator in lieu of conveyance under section 83 of the Wills, Probate and Administration Act, 1898, as amended. AGREEMENT OR MEMORANDUM OF AN 3.00 The devisee, AGREEMENT, and not otherwise specifically charged with any duty-- (1) Under hand only-- (a) Whether the same is only evidence of a contract, or obligatory on the parties from its being a written instrument, including every schedule, receipt, or other matter put or indorsed thereon or annexed thereto. (b) Where divers letters are offered in evidence to prove any agreement between the writers thereof it shall be sufficient if any one of such letters is stamped with the duty of-- Exemptions--Any agreement or memorandum under hand-- (a) made for or relating to the sale of any goods, wares, or merchandise; (b) made between a master and any mariner of any ship or vessel for wages on any voyage coastwise from port to port in the State of New South Wales. (2) Under seal Exemption--Any agreement made by a shire council or a municipal council with the Crown or with any corporation or person representing the Crown that would but for this exemption have been chargeable only with the said fixed duty of fifteen cents or three dollars is exempt from such duty. 0.15 0.15 I The parties [ thereto, 3.00 SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty $ c PcnOI i? a D jj I , a r i I y AGREEMENT FOR THE SALE OR CON- The same duty as on a The purchaser VEYANCE (INCLUDING EXCHANGE) conveyance of the or person OF ANY PROPERTY-- property. Provided that any agreement or memorandum under seal, made for or relating to the sale of any goods, wares, or merchandise, is to be charged only with a duty of three dollars (for which the parties thereto shall be primarily liable), but so that if the agreement or memorandum comprises also other property it shall be chargeable with the said duty of three dollars in respect of the goods, wares, and merchandise only if and when in respect of such goods, wares, and merchandise there are fully set out in it particulars of such property and the value thereof and an apportionment of the purchase mooey in respect thereof. APPOINTMENT OF TRUSTEES-- deemed to be the purchaser, or the person to whom the property is agreed to be conveyed, For every appointment of a trustee by any instrument or by order of the Supreme Court or a Judge thereof. 3.00 Exemptions-- (a) The appointment of a trustee by a will. (b) Every instrument for the appointment of a trustee or trustees of property held in trust for any corporation or body of persons associated for religious, charitable, or educational purposes. The person making or executing the appointment (in the case of an instrument) and the trustee or trustees in any other case. SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty J c Pe TM°' u a D £ n a r i I r APPOINTMENT in execution of a power-- (a) Any instrument not being a The same duty as on The person will appointing any property, a conveyance of the making or or any use, share, or interest appointed property, executing the therein. appointment. (b) Where the appointment is made 3.00 The person in favour of persons specially making or named or described as the executing the objects of a power contained in appointment, a conveyance on which ad valorem duty has been paid or in a will in respect of property on which death duty or duty under any Act imposing duties on the estates of deceased persons has been paid. AWARD, whether under hand only or under hand and seal-- Where the amount or value of the matter in dispute-- Does not exceed $40 Exceeds $40 and does not exceed $100 Exceeds $100 and does not exceed $200 Exceeds $200 and does not exceed $400 Exceeds $400 and does not exceed $1,000 Exceeds $1,000 Exemption--Award made in any matter in which Her Majesty is a party, either directly or by some public officer acting in such matter or representing Her Majesty or the Government of New South Wales therein. BANK NOTES--An Annual Composition to be paid quarterly by banks in lieu of duties on promissory notes payable on demand issued by them-- For every $200 and also for any remaining fractional part of $200 of the amount of such notes in circulation as certified under the Banks and Bank Holidays Act, 1912, as amended. 0.20 0.35 0.75 1.50 2.25 3.00 The person I making or f executing the award. 4.00 The bank, SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty $ c Per *°'& l b£ n i l r i l y BETTING TICKETS-- Where the betting ticket is issued in the saddling paddock of a racecourse. Where the betting ticket is issued in any part of a racecourse except the saddling paddock. BILL OF EXCHANGE AND PROMISSORY NOTES-- 0.02 0.01 i The bookf maker, Payable on demand and sola . . . . Payable otherwise than on demand-- Where the amount or value of the money for which the bill is drawn does not exceed $50 0-04 The drawer or acceptor of a bill of exchange and >the maker of a promissory note, 0.05 Where such amount or value exceeds $50, for every $50 and every fractional part of $50 0.05 If drawn in a set One of the set to be stamped with the duty payable on a single^bill. Exemptions-- (a) Letter written by a banker in New South Wales to any other banker in New South Wales directing the payment of any sum of money, the same not being payable to bearer or to order, and such letter not being sent or delivered to the person to whom payment is to be made, or to any person on his behalf. (b) Letter of credit granted in New South Wales authorising drafts to be drawn out of New South Wales payable in New South Wales. (c) Cheque or order payable on demand drawn on any savings bank authorised to carry on banking business under a law of a State or of the Commonwealth of Australia. SECOND ; SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty $ c PBra °1i a 0 I^ i a r i l y BILL OF EXCHANGE AND PROMISSORY NOTES-- continued. Exemptions--continued. (d) Any draft or order for the payment of money issued by any duly authorised officer of the Government on account of the Public Service. (e) Any draft or order for the payment of money commonly called an advance note issued by a master of a ship or vessel in favour of a seaman. (f) Orders or authorities to pay not drawn on a banker. This exemption does not extend to a bill of exchange within the meaning of the (Commonwealth) Bills of Exchange Act 1909 as amended. (g) Cheque or order payable on demand drawn or given by or on behalf of any society or institution for the relief of poverty, the promotion of education or for any purpose directly or indirectly connected with defence or the amelioration of the condition of past or present members of the Naval, Military or Air Forces of the Commonwealth or their dependants, or for the promotion of any other patriotic object. BILL OF LADING OR RECEIPT for any The person by goods, merchandise, or effects to be carried to any place outside New South Wales-- For every such bill of lading or copy thereof For every such receipt or copy thereof whom the goods are consigned. 0.15 0.15 SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty S c Person^primarily CHARTER PARTY for conveyance beyond or coastwise within New South Wales COMPANIES-- 0.15 The charterer. Upon each of the following instruments-- (i) Memorandum of asso- ~| ciation (ii) Articles of association . . . . > · (iii) Every certificate of incorporation J Exemption.--Duty shall not be payable upon the memorandum of association, the articles of association or the certificate of incorporation of a mining company as defined by section three of this Act. CONTRACT NOTE for or relating to the 3.00 The company, The person sale or purchase of any stock or marketable security-- For each $100 and also for any fractional part of $100 of such value Exemptions.-- (a) Transactions carried out in the course of their ordinary business relations between brokers or agents who are members of Stock Exchanges in the Commonwealth of Australia or elsewhere. (b) Contract note for or relating to the sale or purchase of any stock, debentures, or Treasury bills of the Government of New South Wales or of the Commonwealth of Australia. (c) Any contract note for or relating to the sale or purchase of any debenture issued by the Metropolitan Water, Sewerage and Drainage Board, Hunter District Water Board and Broken Hill Water Board. who makes or executes *® contract nole Q Q^ SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty $ c Persons^primarily CONVEYANCES OF ANY PROPERTY-- (1) Upon every conveyance of any property (other than shares or rights to shares referred to in paragraph (1) under the heading "Transfer of Shares" herein) on a sale for a consideration in money or money's worth of not less than the unencumbered value of the property-- Where the amount of such consideration does not exceed $100 Exceeds $100 and does not exceed $200 Exceeds $200 but does not exceed $14,000, for every $200 and also for any remaining fractional part of $ 200 of such amount Exceeds $14,000-- For every $200 of the first $14,000 of such amount .. And in addition thereto, for every $200 and also for any remaining fractional part of $200 in excess of the first $14,000 (2) Upon every conveyance of any property whatsoever made without consideration in money or money's worth (not being a gift or instrument referred to in paragraph (b) of subsection (3) of section 66)-- On the amount or value of At the rate specified in all encumbrances (certain paragraph (1) above or contingent) subject to in the case of propwhich the property is con- erty other than veyed. shares or rights to shares and in the The purchaser, or in the case of an exchange the person deemed to be the purchaser, 1.25 2.50 2.50 2.50 3.00 The parties to the conveyance or any one or more of them, SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. ; Nature of Instrument Amount of Duty Person^primaruy CONVEYANCES OF ANY PROPERTY-- continued. (2) Upon every conveyance--contd. On the amount--continued. case of shares or rights to shares at the rate specified in paragraph (1) of the matter under the heading "Transfer of Shares" herein. And in addition-- On the value of the property conveyed At the rate specified in the Sixth Schedule to this Act for an amount equal to the total amount obtained by aggregating together-- (a) the value of the property so conveyed; and (b) the value of all property in New South Wales whatsoever (not being property comprised in a gift or instrument referred to in paragraph (b) of subsection (3) of section 66) conveyed by the same conveyor to any person whomsoever on the day of but executed by him prior to such conveyance or at any time within the period of three years preceding the date of such SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTION!?--continued. Natnre of Inurement Amount of Duly PcrS °1fa^mBriIy CONVEYANCES OF ANY PROPERTY-- continued. (2) Upon every conveyance--continued. And in addition--continued. On the value of the property conveyed--continued. conveyance without consideration in money or money's worth; and also (c) the unencumbered values of all property in New South Wales whatsoever (not being property comprised in an instrument referred to in paragraph (b) of subsection (3) of section 66) conveyed by the same conveyor to any person whomsoever on the day of but executed by him prior to such conveyance or at any time within the said period of three years upon a consideration in money or money's worth of less than the unencumbered value of the property thereby conveyed after deducting the value of the consideration in money or money's worth therefor ascertained in accordance with this Act. SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty PerS °Hag^narUy CONVEYANCES OF ANY PROPERTY-- continued. (3) Upon every conveyance of any The parties property whatsoever made to the conupon a consideration in money veyance or or money's worth of less than any one or the unencumbered value of the more of property conveyed (not being them, an instrument referred to in paragraph (b) of subsection (3) of section 66)-- On the amount or value of such consideration ascertained in accordance with this Act At the rate specified in paragraph (1) above in the case of property other than shares or rights to shares and in the case of shares or rights to shares at the rate specified in paragraph (1) of the matter under the heading "Transfer of Shares" herein. And in addition-- On the difference between the unencumbered value of the property conveyed ascertained in accordance with this Act and the said amount or value of such consideration for the conveyance At the rate specified in the Sixth Schedule to this Act for an amount equal to the total amount obtained by aggregating together-- (a) the amount of the said difference between the unencumbered value of the property and such consideration; and SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty Persona^primarily CONVEYANCES OF ANY PROPERTY-- continued. (3) Upon every conveyance--continued. And in addition--continued. On the difference-- continued (b) the values of all property in New South Wales whatsoever (not being property comprised in a gift or instrument referred to in paragraph (b) of subsection (3) of section 66) conveyed by the same conveyor to any person whomsoever on the day of but executed by him prior to such conveyance or at any time within the period of three years preceding the date of such conveyance without consideration in money or money's worth; and also (c) the unencumbered value of all property in New South Wales whatsoever (not being property comprised in an instrument referred to in paragraph (b) of subsection (3) of section 66) conveyed by the same conveyor to any person whomsoever on the day of but executed by him prior to such conveyance or at SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty S c PerS0 '}? a S£ n a r i , y CONVEYANCES OF ANY PROPERTY-- continued. (3) Upon every conveyance--continued. And in addition--continued. On the difference--continued. any time within the said period of three years upon a consideration in money or money's worth of less than the unencumbered value of the property so conveyed therefor after deducting the value of such consideration in money or money's worth ascertained in accordance with this Act. (4) Upon each of the following instruments-- (a) (i) an instrument appointing ~| a new trustee; or (ii) an instrument appointing an additional trustee; or (iii) an instrument by which a trustee retires from a trust without any new trustee being appointed in his place; or (iv) a declaration by an executor under section eleven of the Trustee Act, 1925, as amended. y (b) A conveyance not made for valuable consideration and made to a beneficiary by a trustee under and in conformity with the trusts contained in a conveyance, declaration of trust or other instrument on which stamp duty imposed by any Act in force at the time of its execution has been paid or which is exempt from stamp J 3.00 [-The transferee. SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty PerS 1 ° ]' Il bie mariIy $ c CONVEYANCES OF ANY PROPERTY-- I continued. (4) Upon each of the following instruments--continued. duty under such Act or with "] the trusts contained in a will or arising on an intestacy and in either case in respect of property on which death duty or duty under any Act imposing duties on the estates of deceased persons has been paid or which shall be exempt from death duty by such Act (c) An instrument made or executed bona fide by way of completion or confirmation of title whereby no greater benefit, legal or equitable, accrues to the person in whose favour the instrument is made or executed than he originally ihad or was entitled to have by virtue of some other instrument which is duly stamped with ad valorem duty as a conveyance or declaration of trust (d) A conveyance following upon a decree or order for foreclosure where ad valorem duty has been paid upon such decree or order.. (e) A conveyance whereby the apparent purchaser of property that is vested in him upon trust for the person who was the real purchaser and who has actually paid the purchase money therefor, conveys the same to the real purchaser J (f) A conveyance made for nominal consideration upon the appointment or the retirement of a trustee (whether the trust is expressed or implied). 3.00 >The transferee. 0.75 The transferee. SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty j Personymmarily $ c CONVEYANCES OF ANY PROPERTY-- continued. (5) Upon every conveyance made in conformity with an agreement where ad valorem duty has been paid on the agreement and the agreement is produced to the Commissioner or he is satisfied that it has been duly stamped i) Upon a conveyance whereby a trustee of a superannuation scheme transfers to a member of the scheme on his retirement from the scheme a policy of insurance on the life of the member-- On the first of such transfers.. On each subsequent transfer.. DECLARATION OF TRUST-- 0.75 The transferee. or (if it be lower) the ad valorem duty as hereinbefore by this Act provided. The transferee, 2.00 0.10 (1) Any instrument declaring that 3.00 The person dea person in whom property is daring the vested as the apparent trust, purchaser thereof holds the ·same in trust for the person or persons who have actually paid the purchase-money therefor. <2) Any instrument declaring that The same duty as if The person any property vested or to be the instrument was a declaring the vested in the person executing conveyance of the trust--or the the same is or shall be held in property comprised person directtrust for the person or persons therein. ing such decor purpose or purposes menlaration. tioned therein notwithstanding that the beneficial owner or person entitled to appoint such property may not have joined therein or assented thereto. ·(3) Any such instrument as afore3.00 The person said by which (a) the same declaring the trusts are declared as have been trust, declared in respect of the same property by an instrument duly stamped with ad valorem duty SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty Pe TM°'ifablemarU5' __ DECLARATION OF TRUST--continued. under this Act or (b) the trusts declared are the same trusts as those upon or subject to which the same property was conveyed to the person declaring the trust by an instrument duly stamped with ad valorem duty under this Act or (c) the same trusts are declared as have been declared by a will in respect of the same property and any death duty payable in respect of that property by reason of the death of the testator who made such will has been paid. DEED-- (1) Deed of any kind whatever not " otherwise charged in this Schedule. (2) Any instrument which under ithe provisions of any statute is given the operation or effect of a deed either before or after registration J DUPLICATE OR COUNTERPART of an 3.00 The parties to l ^ e deed, or them mem. 0.08 The person to agreement for the hire of a motion picture film. Exemption.--Where there are a number of duplicates or counterparts of any particular agreement for the hire of a motion picture film, and one of such agreements or counterparts is duly stamped, the other or others of them are exempt. DUPLICATE OR COUNTERPART of any film whom the is hired. instrument chargeable with any duty-- Where such duty does not The same duty as the The person amount to 35 cents. original instrument. chargeable on the original instrument. In any other case 0.35 SECOND SECOND SCHEDULE--continued. STAMP-DUTIES AND EXEMPTIONS--continued. I Nature of Instrument Amount of Duty $ c EXCHANGE-- PereOI li a D iJ n a r i l y Any instrument effecting an The same duty as on a The person to exchange of any property or conveyance. whom any any instrument partly effecting property is such an exchange. conveyed by way of In any other case 3.00 exchange. FORECLOSURE ORDER-- On the unencumbered value of The same duty as on a Thejmortgagee. the property included in the conveyance under order. paragraph (1) of the matter herein under the heading "Conveyances of any Property". GUARANTEE-- Any instrument guaranteeing or promising to answer for the debt or default of any other person, and signed by the party to be charged, where such guarantee or promise is the leading object of the instrument-- Under hand (adhesive stamp may ~ ) T, unleS :::::::::::::::::: HIRE-PURCHASE AGREEMENTS-- SS H--, (1) Any instrument constituting, or evidencing the terms and conditions of, a hire-purchase agreement where the difference between the deposit or initial payment under the agreement and the cash price of the goods comprised in the agreement-- Amounts to $20 or more but does not amount to $40.. Amounts to $40 or more but does not amount to $60.. Amounts to $60 or more but does not amount to $80.. Amounts to $80 or more but does not amount to $100 0.20 0.40 0.60 0.80 Lxv.» ,,.,,rf,,. f ' n e venaor- SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty Person^primarily. % c HIRE-PURCHASE AGREEMENTS -- continued. (1) Any instrument constituting -- continued. Amounts to $100 or more but does not amount to $120 Amounts to $120 or more but does not amount to $140 Amounts to $140 or more but does not amount to $160 Amounts to $160 or more but does not amount to $180 Amounts to $180 or more but does not amount to $200 Amounts to $200 And for every additional $50 or part thereof of that difference (Adhesive stamp may be used) Exemption.--Any instrument constituting, or evidencing the terms and conditions of, a hire-purchase agreement where the difference between the deposit or initial payment under the agreement and the cash price of the goods comprised in the agreement is less than $20. (2) Any instrument constituting, or evidencing the terms and conditions of, a hire-purchase agreement under which the purchaser is a person engaged in the trade or business of selling goods of the same nature or description as the goods referred to in the agreement (Adhesive stamp may be used) 1.00 1.20 1.40 i-The vendor.. 1.60 1.80 2.00 0.50 .! 0.15 The person to> or by whom the goods are supplied. SECOND SECOND SCHEDULE -continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty $ c Persons^primarily LEASE OR PROMISE OF OR AGREEMENT FOR LEASE OR HIRE of any Prop- erty not being a Ship or Vessel-- (1) Except as provided in paragraph (10) in respect of the total rent payable during the term without any consideration by way of premium, fine, or foregift-- Where such rent-- does not exceed $100 exceeds $100--for every $100 and also for any remaining fractional part of $100 0-35 0-35 " 1 I The lessee [or tenant. J (2) In consideration of a sum of "| money by way of premium, fine, or foregift, without rent.. The same duty as on a conveyance 1 under paragraph f 0 ) . under ^ the heading "Conveyances of any Property" herein. (3) In consideration of a sum of money by way of premium, fine, or foregift, and also of rent whether real or nominal.. On the amount of premium.. And on the rent The same duty as on a lease under para- I The lessee or graph (1) hereof. [tenant. (4) Where the consideration is nominal, or where there is no consideration in money or money's worth The same duty as would be chargeable under paragraph (2) under the heading " Conveyances of any Property " herein on a conveyance of property of an unencumbered value equal to the value of the lease in question. _ _ SECOND SECOND SCHEDULE-- continued. STAMP D U T I E S A N D EXEMPTIONS-- continued. Nature of Instrument Amount of Duty S c ^"""uMe" 1 "' 13 ' LEASE OR PROMISE OF OR AGREEMENT FOR LEASE OR HIRE--continued. (5) Where the consideration or any part of the consideration is an indeterminable amount-- In addition to the duty that is to be charged on the rent according to the scale set out in paragraph (1) there shall be charged the fixed duty of $3 and also on the value of so much of the consideration as is capable of being valued. (6) Of any other kind whatsoever . . , . (7) A lease made subsequently to and in conformity with a contract or agreement to grant such lease duly stamped (8) Agreement for the hire of an electricity, gas, or water meter, under hand or under seal (adhesive stamp may be used). (9) Agreement for the hire of a motion picture film-- (a) where the amount of rental or hire payable does not exceed $2,000:-- For every $50 or part of $50 of such rental or hire. (b) where the amount of such £"TM °r h , r e e X C e e d s J2,uuu:-- For the first $2,000 of such rental or hire, the same duty as provided in subparagraph (a) hereof, and thereafter for each additional $2,000 or part of $2,000 of such rental or hire . The same duty as is The lessee or chargeable under tenant. paragraph (1) under the heading " Conveyances of any Property" herein on property sold for a consideration equal to such value, 3-00 I The lessee or [tenant, 0-35 0-15 The person to whom the meter is hired, 0-12 T h eperson t0 film ^hom the is hired. 2.50 \ SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty PerS °TM a bte I l a r U y LEASE OR PROMISE OF OR AGREEMENT FOR LEASE OR HIRE--continued. (10) In respect of any lease from the The same duty as on The lessee or Crown not exempted from duty a lease under para- tenant. and being a lease under the graph (1) hereof but Crown Lands Consolidation Act, not exceeding $3.00. 1913, as amended, Returned Soldiers Settlement Act, 1916, as amended, Prickly-pear Act, 1924, as amended, Closer Settlement Acts, War Service Land Settlement Act, 1941, as amended, Forestry Act, 1916, as amended, Pastures Protection Act, 1934, as amended, Irrigation Act, 1912, as amended, Western Lands Act of 1901, as amended, or the Mining Act, 1906, as amended. Exemption--Where the sole consideration is a fixed rent at a rate of less than $150 a year-- (a) a lease for a private dwelling house only for a term of less than one year; or (b) a lease from the Crown under the Crown Lands Consolidation Act, 1913, as amended; or (c) a lease from the Crown under the Returned Soldiers Settlement Act, 1916, as amended; or (d) a lease from the Crown under the Prickly-pear Act, 1924, as amended; or (e) an occupation permit or forest lease from the Crown under the Forestry Act, 1916,1 as amended; or (0 a lease from the Crown under the Closer Settlement Acts; or (g) a lease of a public watering place from a controlling authority within the meaning of Part V of the Pastures Protection Act, 1934, as amended, is exempt. I SECOND 5 SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty $ c PcrSO 'lf a D £ n a r i I y LETTER OF ALLOTMENT AND LETTER OF RENUNCIATION or any other document having the effect of a letter of allotment-- Of any share in the stock and funds of any company or proposed company (other than a mining company). (See Section 81) . . 0.08 The person by whom the instrument is executed, LETTER OR POWER OF ATTORNEY or other instrument in the nature of-- (1) For the receipt of the dividends or interest of any stock-- Where made for the receipt of one payment only In any other case (2). For the receipt of any other sum of money, or any bill of exchange or promissory note for any sum of money, not exceeding $40, or any periodical payments, not exceeding the annual sum of $20 (not being hereinbefore charged) (3) Of any kind whatsoever not hereinbefore described including the appointment of a receiver by a mortgagee Exemptions.-- (a) Letter or power of attorney solely for the receipt of dividends, or the sale, purchase, or transfer of any definite and certain share of the stocks or funds of the Government of New South Wales. (b) Order, request, or direction, under hand only, from the proprietor of any stock to any company, or to any officer of any company, or to any banker, to pay the dividends or interest arising from the stock to any person therein named. 0.15 0.75 The person by whom the ^instrument is executed or made, 0.75 3.00 SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty S c LETTER OR POWER OF ATTORNEY-- ^"'Tabl?"' 1 " 13 ' continued. Exemptions--continued. (c) Any order or authority, authorising any agent to lodge a specific application under the Crown Lands Consolidation Act, 1913, as amended, or the Closer Settlement Acts, or to pay or receive any specific sum in connection therewith. (d) Any order or authority to act as agent under the Mining Acts. (e) Any order or authority for the receipt of any moneys payable under order of any stipendiary magistrate or justice or of any Court of Petty Sessions or Children's Court. (f) Any letter or power of attorney for the sole purpose of appointing a proxy to vote at a meeting. MOTOR VEHICLE CERTIFICATE REGISTRATION-- OF On a motor vehicle certificate of registration for every $100 and also for any fractional part of $100 of the value of the motor vehicle PARTITION-- The person in whose name the certificate is issued, 0.40 (1) The principal or only in- A fixed duty of $3.00 " strument effecting a partition and in addition in a of any property. case where the divided parts of the property are unequal in unencumbered value the same ad The persons valorem duty as if it making the were a conveyance > partition or of similar property any one or of an unencumbered more of them, value equal to the amount by which the unencumbered value of the undivided share of each partitioner is exceeded by , SECOND P97189--12 SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty S c Pere °' u ' a bj e m a r i l T PARTITION--continued. (1) The principal or only strument--continued. inthe unencumbered " value of the divided part taken by him, and any amount T h paid or given or ^ , h agreed to be paid or I « ,, «* given for equality f r shall be deemed to m ,,o ^r e o°?JL ° f them be consideration for such conveyance. 3.00 (2) In any other case POLICIES OF INSURANCE-- (1) (a) Upon every policy and every renewal of a policy of insurance for a term of one year or less-- For every $100 and also for any fractional part of $100 insured .. (b) Upon every policy and every renewal of a policy of insurance for a term of more than one year-- In respect of each year and also of any fractional part of a year in such term, for every $100 and also for any fractional part of $100 insured .. (c) Upon every policy and every renewal of a policy of insurance against liability for injury to the property or persons of third persons (whether included in any other policy of insurance or not) . . . . (d) Upon every policy of reinsurance and every renewal thereof where the original policy of insurance has been duly stamped (e) Upon every policy of insurance not otherwise provided for in subparagraphs (a) to (d) inclusive of this paragraph and every renewal thereof 0.04 (.04 .,,,,,_,,,,,, Jhe company f issuing the nolicv p TVl - 0-15 0.15 0.15 SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty S c Perso y a gj^ n a r i l y POLICIES OF INSURANCE--continued. (2) Upon every transfer or assignThe transferee ment otherwise than by way of or assignee, mortgage or release of mortgage of any such policy as aforesaid 0.35 (Adhesive stamp may be used.) (3) Upon every transfer or assign- The same duty as on a The transferee ment of a life policy otherwise conveyance. or assignee, than by way of mortgage or release of mortgage. Exemptions.-- (a) Any policy of insurance on life. (b) Any policy of insurance upon the property of the State of New South Wales or any statutory body representing such State. (c) Any policy of insurance against loss by fire on the tools, implements of work or labour used by any working mechanic, artificer, handicraftsman, or labourer, such insurance being effected by a separate policy in a distinct sum. (d) Any policy of insurance taken out by or on behalf of any public hospital or charitable institution, or by or on behalf of the Red Cross Society, or the New South Wales Ambulance Transport Service Board or any district committee constituted under the Ambulance Transport Service Act, 1919, as amended. (e) Any cover-note in pursuance of which a duly stamped policy is issued within three months of the date of the cover-note. (f) Any policy issued to the original insured or his personal representative in SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty I^eraons^rimai-ily i POLICIES OF INSURANCE--continued. c Exemptions--continued. pursuance of a cover-note which has been duly stamped as a policy, (g) Any policy issued to the original insured or his personal representatives in pursuance of a duly stamped certificate of insurance, (h) Any policy of insurance for the payment of a deferred annuity under any scheme of superannuation for the benefit of any person in relation to his employment and/or the dependants of any such person, (i) Any policy issued to the original insured or his personal representative for war risks in respect of the specific consignment of goods where a policy of marine insurance in respect of the same consignment of goods was issued and duly stamped and where the goods are shipped to or from a British port. REAL PROPERTY ACT, 1900, as amended-- (1) Application to bring land 3.00 The applicant, under the Act or to be registered under the Act as the proprietor of an estate in land where not otherwise liable to stamp duty not being a transmission application. (2) Nomination-- Where application is made The same duty as The nominee, to bring land under the Act, would have been and the applicant nominates payable on a conany other person as the veyance of such land person to whom the certifi- from the applicant, cate is to issue. and all other necessary parties, to the person nominated for the estate mentioned in suchl nomination. | SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty Personspnmarirjr REAL PROPERTY ACT, 1900, as amended--continued. (3) Memorandum of transfer-- (a) Duty shall be charged in accordance with the provisions under the heading " Conveyances of any Property " herein upon and in respect of every memorandum of transfer as a conveyance of the property therein, and the person or persons specified by such provisions for the case shall be primarily liable for the duty on the transfer. (b) By way of exchange of the The same duty as on The transferee, property therein. an exchange herein. (c) By way of partition or The same duty as on The persons division. a partition herein. making the partition. (4) Foreclosure order The same duty as on The mortgagee. a foreclosure order herein. (5) Memorandum of lease or The same duty as on The lessee, promise of or agreement a lease. therefor. (6) Transfer or surrender of lease-- (a) Duty shall be charged in accordance with the provisions under the heading "Conveyances of any Property" herein upon and in respect of the transfer or surrender as a conveyance of the property therein and the person or persons specified by such provisions for the case shall be primarily liable for the duty on the transfer or surrender. (b) By way of exchange of the The same duty as on The transferee, property therein. an exchange herein. (c) By way of partition or The same duty as on The persons division. a partition herein. making the partition. (7) Transfer of a mortgage or an The same duty as is The transferee, encumbrance made otherwise payable on a conthan by way of mortgage or veyance. discharge of mortgage. SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty Persons^prunarily S c REAL PROPERTY ACT, 1900, as amended--continued. (8) Consent by an executor or administrator to a transmission application by a devisee or person entitled on intestacy. (9) Application by tenant in tail for entry of title in fee simple. (10) Release or disclaimer of power. 3.00 3.00 3.00 The devisee or person entitled on intestacy. The applicant, The person entitled to exercise the power. (11) Application for discharge or modification of restrictive covenant. (12) Application for entry of an estate in fee simple in enlargement of a long term under section 134 of the Conveyancing Act, 1919, as amended. (13) Application to cancel notifications of leases or underleases as upon merger. (14) A transmission application to a devisee who is also the sole executor or administrator. Exemptions.-- (a) The same as in the case of conveyances and agreements relating to land not under the Real Property Act, 1900, as amended. (b) Any application for transmission other than an application for transmission to a devisee who is also the sole executor or administrator. RECEIPT OR DISCHARGE given for or 3.00 3.00 3.00 3.00 >The applicant 0.03 The person upon the payment of money amounting to $5 and upwards. Exemptions.-- (a) Receipts for refunds and reimbursements made by the Government or a Department of the Government of New South Wales. (b) Any receipt for money deposited with a broker or agent for the purchase of stock or marketable securities. giving receipt. the SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty Pe^SOn ? na^iI), lJ a b£ RECEIPT OR DISCHARGE--continued. Exemptions--continued. (c) Any receipt given for or upon the payment of money to or for the use of Her Majesty. (d) Any acknowledgment by any banker of the receipt of any bill of exchange or promissory note for the purpose of being presented for acceptance or payment. (e) Any acknowledgment or receipt given for or on account of any salary, pay, or wages, or for or on account of any other like payment made to or for the account or benefit of any person being the holder of an office or an employee in respect of his office or employment, or for or on account of money paid in respect of any pension, superannuation, allowance, gratuity, refund of contributions, or other like allowance in respect of service. (f) An acknowledgment of the receipt of a bill of exchange or promissory note payable in either case otherwise than on demand. (g) Any receipt endorsed or otherwise written upon or contained in any instrument liable to stamp duty and duly stamped acknowledging the receipt of the consideration money therein expressed. (h) Any receipt given by depositors on receiving deposits from any savings bank authorised to carry on banking business under a law of a State or of the Commonwealth of Australia. I I SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty PersoI JfaD"emarily RECEIPT OR DISCHARGE--continued. Exemptions--continued. (i) Any acknowledgment given for money deposited in any Bank to be accounted for. Provided that this exemption shall not extend to acknowledgments for any sum carried to the credit of any depositor or shareholder in any Bank on any division of profits made by such Bank or for or in respect of any dividend from any Joint Stock or other Company on the same being deposited by any person to the credit of any other person in any Bank or for or in respect of any sum paid to the credit of any person in any Bank for rent or interest by any other person or for or in respect of any sum deposited which would be liable to duty if paid directly by any person to any other person. (j) Any receipt given in anticipation of a Bill of Lading and not to be used in lieu thereof. (k) Receipts for the payment of any interest on debentures, stock, or Treasury Bills of the Government of New South Wales. (1) All receipts given to Her Majesty or to any person on her behalf for or in respect of any pension or other superannuation or retiring allowance payable out of the funds of the Imperial or Indian Governments. (m) Any receipt given for or upon the payment of money for the use of any Public Hospital. SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty Persons^prnnarily RECEIPT OR DISCHARGE-- continued. Exemptions--continued. (n) Any receipt given for the payment of compensation payable to a workman or his legal personal representative or his dependants under any Workmen's Compensation Act. (o) Receipts for moneys paid to a Pastures Protection Board under Part IV of the Pastures Protection Act, 1934, as amended, (p) Receipts for moneys paid for maintenance under the Child Welfare Act, 1939, as amended, or the Deserted Wives and Children Act, 1901, as amended, or for maintenance of children or alimony under the Matrimonial Causes Act, 1899, as amended. (q) Any acknowledgment or receipt given by or on behalf of any society or institution for the relief of poverty, the promotion of education, or for any purpose directly or indirectly connected with defence or the amelioration of the condition of past or present members of the Naval, Military or Air Forces of the Commonwealth or their dependants or for the promotion of any other patriotic object, (r) Any cash sale docket--that is to say an instrument issued or tendered to a purchaser of goods for cash by a salesman in any retail establishment immediately on the occasion of the purchase which denotes the description of the goods purchased, and the retail price thereof or the amount then paid in cash therefor, but does not acknowledge the receipt of the money. SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty PerS0 1f a D [ e m a r U y RECEIPT OR DISCHARGE--continued. Exemptions--continued. (s) Any receipt given for or upon the payment of money to or for the use of the Royal Life Saving Society, New South Wales head centre, or the Surf Life Saving Association of Australia or clubs affiliated thereto. (t) Any receipt given for or upon the payment of money by way of grant to any municipal or shire council by the Government or a Department of the Government of New South Wales. (u) Any receipt given for or upon the payment of any moneys for a call in respect of the share capital of a mining company as defined by section three of this Act. DIRECTION AS TO ISSUE OR ALLOTMENT OF SHARES-- Any direction in writing executed The person to for the purposes of subsection (1) whom the of section 94A of this Act shall shares are to be chargeable with duty, as be issued or follows:-- allotted. (a) If the direction is made upon The same duty as is a consideration in money or payable under paramoney's worth of not less graph (1) under the than the unencumbered heading " Transfer value of the shares directed of Shares " herein on to be issued or allotted. a transfer of shares for a consideration of equal amount. (b) In any case other than that The same duty as is mentioned in the preceding payable under parasubparagraph (a) graph (2) under the heading " Conveyances of any Property " herein on a conveyance of unencumbered property of a value equal to that of the shares directed to be issued or allotted. i SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty Personsj>rimarily $ c DIRECTION AS TO ISSUE OR ALLOTMENT OF SHARES-- continued. Exemption.--A direction for the issue or allotment of shares in a mining company as defined in section three of this Act made upon a consideration in money or money's worth of not less than the unencumbered value of the shares directed to be issued or allotted. TRANSFER OF SHARES-- (1) Upon the transfer of any shares or of the right to any snares in The transferee, the stock or funds of any corporation or company incorporated in New South Wales or which being in corporated out of New South Wales has a share register in New South Wales wherein such share or right is registered on a sale thereof for a consideration in money or money's worth of not less than the unencumbered value of th shares or the right to the shares comprised in the transfer-- For every $10 and also for any fractional part of $10 of the consideration for the transfer 0.04 Where the shares or the right to the shares comprised in the transfer are listed on the Sydney Stock Exchange, adhesive stamp may be used, which stamp shall be affixed and cancelled by the transferee as provided by this Act. (2) Upon the transfer of shares or The same duty as is The parties to of rights to shares made with- payable under para- the transfer out consideration in money or eraph (2) under the or any one or money's worth. heading "Convey- more of them. ances of any Property " herein on the conveyance of the shares or rights to shares. i SECOND SECOND SCHEDULE--continued. STAMP DUTIES AND EXEMPTIONS--continued. Nature of Instrument Amount of Duty S c PerS °1faD£narily TRANSFER OF SHARES--continued. (3) Upon the transfer of shares or The same duty as is The parties to of rights to shares made upon payable under para- the transfer a consideration in money or graph (3) under the or any one or money's worth of less than the heading "Convey- more of them, unencumbered value of the ances of any shares or the rights to shares Property " herein on comprised in the transfer. the conveyance of the shares or rights to shares. (4) Upon the transfer of shares 3.00 The transferee, without valuable consideration or ad valorem duty from an administrator or at the rate of 4c for trustee to the person benefi- every $10 (or part cially entitled thereto under thereof) of the value and in conformity with the of the shares, whichtrusts contained in a convey- ever is the low?r. ance, declaration of trust or other instrument on which stamp duty imposed by any Act in force at the time of its execution has been paid or which is exempt from stamp duty under such Act or with the trusts contained in a will or arising on an intestacy and in either case in respect of shares on which death duty or duty under any Act imposing duties on the estates of deceased persons has been paid or which shall be exempt from death duty by such Act. (5) Where a transfer of shares The transferee, includes a right to shares and the transfer is duly stamped in respect of such rights-- On any transfer necessary to 0.35 vest such rights in the transferee. Exemptions.-- (a) Any transfer of stock, debentures, or Treasury Bills of the Government of New South Wales or of the Commonwealth of Australia or of a debenture issued by the Metropolitan Water, Sewerage and Drainage Board, Hunter District Water Board, and Broken Hill Water Board on a sale thereof for a consideration in money or SECOND SECOND SCHEDULE-- continued. STAMP DUTIES A N D EXEMPTIONS-- continued. Nature of Instrument t_ TRANSFER OF SHARES--continued. Amount of Duty Pereon^primarily Exemptions--continued. money's worth of not less than the unencumbered value of such property sold. (b) Any transfer of shares in a mining company as defined in section three of this Act, on a sale thereof for a consideration in mo ey or money's worth of not less than the unencumbered value of such property sold. G E N E R A L EXEMPTIONS FROM STAMP D U T Y UNDER PART III. (1) So much of the consideration on the sale of a holding of a discharged soldier, member of the forces or discharged member of the forces to a discharged soldier, member of the forces or discharged member of the forces as represents the amount due to the Crown as purchase money or advances. "Discharged soldier", "member of the forces" and "discharged member of the forces" have the same meanings as are ascribed thereto respectively in the War Service Land Settlement Act, 1941, as amended. (2) Any instrument evidencing the dedication of land for a public purpose. (3) All bonds to Her Majesty, or any person or authority on her behalf. (4) Any bond given to a controlling authority within the meaning of Part V of the Pastures Protection Act, 1934, as amended, in respect of a lease of a public watering place at a rental of less than one hundred and fifty dollars per annum. (5) All instruments relating to the services of apprentices, clerks, and servants. (6) Any instrument for the sale, transfer, or other disposition of any ship or vessel, or any part, interest, share, or property of or in any ship or vessel. SECOND : SECOND SCHEDULE-- continued. GENERAL EXEMPTIONS FROM STAMP DUTY-- continued. (7) In respect of any registration, certificate, agreement, award, or instrument effected, issued, or made under the Trade Union Act, 1881, as amended, or the Industrial Arbitration Act, 1940, as amended. (8) In the case of registered societies and branches under the Friendly Societies Act, 1912, as amended, and in the case of terminating or permanent building societies registered under the Building and Co-operative Societies Act, 1901, or the Co-operation, Community Settlement, and Credit Act, 1923, as amended, the following instruments: -- (a) Any bill of exchange, or order, or receipt given by any such society or branch in respect of money payable by virtue of its rules or of the said Acts. (b) Any receipt given to any such society or branch by a member thereof, or any person claiming through a member thereof for or on account of any benefit payable under the said Acts. (c) Any bond given to or on account of any such society or branch or by the treasurer or other officer thereof. (d) Any agreement to which any such society or branch is a contracting party other than an agreement for the purchase of any property. (e) Any other instrument required or authorised by the said Acts or by the rules of any such society or branch. (f) Any request to the Registrar-General under the Real Property (Amendment) Act, 1921, as amended, by any such society or branch for the registration of new trustees in relation to any mortgage being an investment of the society or branch. (9) Generally any instrument expressly exempted under any Act. (10) Any instrument executed by or on behalf of a public hospital not being a conveyance from such hospital or from any person on its behalf or an agreement for such conveyance. (11) Any instrument executed by or on behalf of the New South Wales Ambulance Transport Service Board or any district committee constituted under the Ambulance Transport Service Act, 1919, as amended, not being a conveyance from such board or committee or from any person on their behalf or an agreement for such conveyance. (12) Any debenture or Treasury bill issued by the Government of New South Wales. SECOND SECOND SCHEDULE-- continued. GENERAL EXEMPTIONS FROM STAMP DUTY-- continued. I (13) Any debenture of the City of Sydney or of any municipality or shire. (14) Any debenture of the Rural Bank of New South Wales. (15) Any mortgage of real property or mortgage given by way of bill of sale or otherwise of live stock, goods, chattels, or effects, or personal estate generally, and any release, reconveyance, or discharge thereof, or any transfer or conveyance by way of mortgage or by way of discharge of mortgage or any receipt endorsed on either or any of such documents for the consideration therefor. (16) Any preferable lien or lien on crops under the Liens on Crops and Wool and Stock Mortgages Act of 1898, or special lien under the Co-operation, Community Settlement, and Credit Act, 1923, as amended, or any discharge of any such lien. (17) Any debenture issued in New South Wales of any corporation, company, or society incorporated in New South Wales or of any unincorporated club, association, or society formed in New South Wales to carry on operations therein, or any transfer or conveyance of a debenture by way of mortgage or by way of discharge of mortgage or any receipt endorsed on either or any of such documents for the consideration therefor. (18) Any agreement made by a council with the Commissioner for Main Roads of New South Wales. (19) In the case of a council, county council or urban committee within the meaning of the Local Government Act, 1919, as amended, the following instruments:-- (a) any bill of exchange, order or receipt issued or given by any such council or committee ; (b) any motor vehicle certificate of registration issued to any such council or committee ; (c) any other instrument executed by or on behalf of any such council or committee in respect of which instrument such council or committee is the person described in this Act as the person primarily liable ; (d) any policy of insurance taken out by or on behalf of any such council or committee, not being instruments issued, given, taken out, or executed by, to or on behalf of any such council or committee in connection with or arising from the establishment, acquisition and operation of any trading undertaking within the meaning of the Local Government Act, 1919, as amended. (m) (m) by omitting the Sixth Schedule and by inserting in lieu thereof the following Schedule: -- SIXTH SCHEDULE. RATE OF STAMP D U T Y to be paid pursuant to subpara- graph (ii) of paragraph (a) of subsection three of section sixty-six or paragraph (ii) of subsection ( 3 A ) of that section on certain conveyances made without consideration in money or money's worth or with a consideration in money or money's worth of less than the unencumbered value of the property conveyed. Amount or Value. Not exceeding $2,000 Exceeding $2,000 but not exceeding $4,000 $4,000 ,, ,, ,, $6,000 $6,000 , $8,000 $8,000 ,, ,, ,, $10,000 $10,000 ,, ,, ,, $12,000 $12,000 ,, ,, ,, $14,000 $14,000 $16,000 $16,000 ,, ,, ,, $18,000 $18,000 ,, ,, ,, $20,000 $20,000 ,, ,, ,, £22,000 ,, $22,000 ,, ,, ,, $24,000 $24,000 ,, ,, ,, $26,000 $26,000 ,, ,, ,, $28,000 $28,000 ,, ,, ,, $30,000 $30,000 ,, ,, ,, $32,000 $32,000 ,, ,, ,, $34,000 $34,000 ,, ,, ,, $36,000 $36,000 ,, ,, ,, $38,000 $38,000 ,, ,, ,, $40,000 $40,000 ,, ,, ,, $42,000 $42,000 ,, ,, ,, $44,000 $44,000 ,, ,, ,, $46,000 $46,000 ,, ,, ,, $48,000 $48,000 ,, ,, ,, $50,000 $50,000 ,, ,, ,, $52,000 $52,000 ,, ,, ,, $54,000 $54,000 ,, ,, ,, $56,000 $56,000 ,, ,, ,, $58,000 $58,000 ,, ,, ,, $60,000 $60,000 ,, ,, ,, $62,000 $62,000 ,, ,, ,, $64,000 $64,000 ,, ,, ,, $66,000 $66,000 ,, ,, ,, $68,000 $68,000 ,, ,, ,, $70,000 $70,000 , $72,000 $72,000 , $74,000 $74,000 ,, ,, ,, $76,000 $76,000 ,, ,, ,, $78,000 $78,000 ,, ,, ,, $80,000 $80,000 ,, ,, ,, $82,000 $82,000 ,, ,, ,, $84,000 $84,000 ,, ,, ,, $86,000 .. .. .. .. . . . . .. .. .. .. . . . . .. .. .. .. .. .. .. .. .. .. .. . . . . .. .. . . .. .. .. .. .. .. .. .. . . . Rate per centum of Duty. 3 .. 3* .. 3f .. 4 . . 4i 41 4} .. 5 . . 5} 5* 5} . . 6 6} .. 6? .. 6} . . 7 .. 7} .. 7* .. 7} 8 .. 8} 8* .. 8$ .. 9 .. 9} .. 9* . . 9} . . 10 . . 10i .. 10* .. 10} .. 11 . . Hi .. Hi .. 11J _ 12 .. 12} .. 12* .. 12} 13 . . . . 13i 13* . . . 13} SIXTH SIXTH SCHEDULE--continued. Amount or Value. Exceeding $86,000 but not exceeding $88,000 $88,000 ,, ,, ,, $90,000 $90,000 ,, ,, ,, $92,000 $92,000 ,, ,, ,, $94,000 $94,000 ,, ,, ,, $96,000 $96,000 ,, ,, ,, $98,000 $98,000 ,, ,, ,, $100,000 $100,000 ,, ,, ,, $102,000 $102,000 ,, ,, ,, $104,000 $104,000 ,, ,, ,, $106,000 $106,000 ,, ,, ,, $108,000 $108,000 ,, ,, ,, $110,000 $110,000 ,, ,, ,, $112,000 $112,000 ,, ,, ,, $114,000 $114,000 ,, ,, ,, $116,000 $116,000 ,, ,, ,, $118,000 $118,000 ,, ,, ,, $120,000 $120,000 ,, ,, ,, $122,000 $122,000 ,, ,, ,, $124,000 $124,000 ,, ,, ,, $126,000 $126,000 ,, ,, ,, $128,000 $128,000 ,, ,, ,, $130,000 $130,000 ,, ,, ,, $132,000 $132,000 ,, ,, ,, $134,000 $134,000 ,, ,, ,, $136,000 $136,000 ,, ,, ,, $138,000 $138,000 ,, ,, ,, $140,000 $140,000 ,, ,, ,, $142,000 $142,000 ,, ,, ,, $144,000 $144,000 ,, ,, ,, $146,000 $146,000 ,, ,, ,, $148,000 $148,000 ,, ,, ,, $150,000 $150,000 ,, ,, ,, $152,000 $152,000 , $154,000 $154,000 $156,000 $156,000 ,, ,, ,, $158,000 $158,000 ,, ,, ,, $160,000 $160,000 ,, ,, ,, $162,000 $162,000 ,, ,, ,, $164,000 $164,000 ,, ,, ,, $166,000 $166,000 ,, ,, ,, $168,000 $168,000 ,, ,, $170,000 $170,000 ,, ,, ,, $172,000 $172,000 ,, ,, ,, $174,000 $174,000 ,, ,, ,, $176,000 $176,000 ,, ,, ,, $178,000 $178,000 , $180,000 $180,000 , $182,000 $182,000 ,, ,, ,, $184,000 $184,000 ,, ,, ,, $186,000 $186,000 ,, ,, ,, $188,000 $188,000 ,, ,, ,, $190,000 $190,000 ,, ,, ,, $192,000 $192,000 ,, ,, ,, $194,000 $194,000 ,, ,, ,, $196,000 $196,000 ,, ,, ,, $198,000 $198,000 , $200,000 $200,000 .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . . . .. .. .. .. ,,. Rate per centum of Duty. .. 14 .. 14i .. 14} .. 14} .. 15 .. 15} .. 15} .. 15| .. 16 .. 16} .. 16} .. 16} .. 17 .. 17i .. 17$ .. 17} .. 18 .. 18} .. 18i .. 18} .. 19 .. 19} .. 19} .. 19} .. 20 .. 20} .. 20} .. 20} .. 21 .. 21} .. 21J .. 21} .. 22 .. 22} .. 22} .. 22} .. 22} .. 23 .. 23} .. 23} .. 23} .. 23} .. 24 .. 24} .. 24} .. 24f .. 24} .. 25 .. 25} .. 25} .. 25} .. 25} .. 26 .. 26} .. 26} .. 26} .. 26} . 2 7 (n) (n) by inserting next after the Seventh Schedule the following new Schedule : -- SCHEDULE 7A. DEATH DUTY on Estates of Deceased Persons dying on or after the appointed day, domiciled in New South Wales. im s immmmmT i | jHiiaififflMii-ii r * S gyifajJlilMiii i ijiiiiiiftaiii! r * i* ii '· " U SCHEDULE 1 i ' i SCHEDULE 7A--continued. 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