Page:Mrs Beeton's Book of Household Management.djvu/2208

1998 Where the amount or value of the consideration for the sale—

Does not exceed £5

Exceeds £5 and does not exceed £25—in respect to every £5 or fraction thereof Exceeds £25 and does not exceed £300—in respect to every £25 or fraction thereof

Exceeds £300—for every £50 and for any fractional part thereof of such amount or value

For any conveyance or transfer not previously mentioned (as, for instance, a conveyance or transfer for nominal consideration only)

Such documents cannot be stamped after thirty days from the time they are first executed, except upon payment of a penalty.

Lease.—For any definite term not exceeding a year—

Of any dwelling-house, or part of a dwelling-house, at a rent not exceeding the rate of ₤10 per annum

The duty may be denoted by an adhesive stamp.

(2) For any definite term less than a year—

(a) Of any furnished house or apartments whereof the rent for such term exceeds £25


 * The duty may be denoted by an adhesive stamp.

(b) Of any house or land except as above, the same duty as a lease for a year at the rent reserved for the definite term.

(3) For any other definite term, or indefinite term—

Of any house or land:

(a) Where the consideration, or any part of it, consists of money in respect to such consideration, the same duty as a conveyance on sale for the same consideration.

(b') Where the consideration, or any part of it, is rent—in respect to such consideration, if the rent is at a rate or average rate:

Example.—A lease for ninety-nine years for a sum of £2,000, and a ground rent of £20 a year would be liable—(1) in respect to the consideration of £2,000 in money, to a duty of £10 (5s. for every £50); and (2) in respect to the annual rent of £20, to a duty of 12s. A lease for twenty-one years at £75 per annum would require a stamp for 7s. 6d.

(4) A lease of any kind not previously mentioned

The duty payable upon a lease of any dwelling-house or part thereof for