Amendment status not verified — confirm the current text below against the official source.
EXCHANGE OF PROPIWTP --t oi- . - ~ h , me duty la leviable on a con- veytum u n d e r . &use (a) or (bj. • 81) the oase may be of artlcle Na 23 for a eonaldera- tlon equal m the =he of Ule pm- perty Of m e s t value as set forth i In nu c h Instru- ment. EXTRACl'.-See Copy (No. m). ' E X ~ E Emm- 88s Customs ~ o n d m iiaclse ~ o r l i i (NO. 26). ' a- FuRl'HER CHARGE. In-ent cb that B to nay, any k=tmment hmg a further char& on mortgaged pro- #Y - j (a) vzlien the -&I -r &-he of the dewription ref- lp in chum (a) oi ~ t t i a l r NO. 40 thrat is, wlth possesadon; (b) when.uchmontSageb,oaeoftbsdeamIption rekr- red to In ohwe (b) 01 Arttde No. 40 (that fa, Wth- out rJow=4m)-- (1) If the t h e of execuclon of the hutrument of iurtber charge poesesslon of 'the property Ls gl- .en w agreed to be men under sueh inrrtrument; (U) If Po~medlon la not mo mven The same duty aa a mortgage deed w i t h pawe&on (No. 40) (a) for the amount equal to the amount of the further eharge secured by aueh tnehwnent. The same duty a martgage d e e d 74;. h M C a Z Z the amount equal .to the total of the a.rge (fnduding the omIginal mort- gage dsmand any funther ehtup 111- randy made) w . . the duty already Para on such ori- g i n a l mortgage and further ehar- ge. The same duty as n Bond (No. 15) for tbe amount of the further charge se- cured by nuch ins- t+ument, - a ~ m - ~ ~ ~ ~ ~ r n e a t d, not bebg a Batlement (No. 38) or Wlll or Tcms?er (NO. 82). Tlseiameduty~is 1 lfpmle on a con. -. -v- u n d e r I d the p10perZy i which is the sub- jaAmetmr oi mo ! m~ A - OJ a-t for eewice. Bee -ent (No. 6). { Tirersmedutysa i a ~scuw-Bood i (No. $TI mr the m a l f l e ~ t . - : @!~{ 'U . , m m N C B - See PoUcy a€ h8WaSFX (No. 47). , 4 s. u%m& ~oduding kn mdevkae qaub-leese a ~ d MY -ent to let or aublet. (6) where by much ~ ~ B B R the mt is fhed PPd no ppe- mlumlapamorwtvsed- . (I) ahem the ease to be for a term of leas than one y a : m oi ;the ~ U W 1 pymeonagond -. (No. 16) raZ. 1 WImJe-tPw- { able or d & ~ m L b ~ , uder w h lease: aaU uf the duty payable 01 e Bond (No. 16) for the amount or vaue Ld ths avertwe am- OWI rant -ed. (ti) where the Wane & t. be &r a tam of . not leas than m e year, but not more than ave y v : a . (1U) where the lea& putprts to be iM a tern1 W- cee4&g flm yeare asd OW d n g te0 yeer*; One thltd '" '3 duty WYL a coavayaocc .cm. 23) (a). .s levied by this Aef for s mdiieS3 ' a n 3906 the daty Bald - *- Pw- Wble . DcaarlDUon ot i ~ d n t Prow M ~ M P duty (1) (a) (kv) wbm the 1- purponts to be for a am ex- O P ~ of me eoadlng 10 Yeam but not erceedlng 20 years; duty payable on a C o n v e y a n c e . (No. ?A31 (a) aa levled by ~ l ~ s A C ~ , m .+- fbr a consideration -:--.equal to huice rhe amount - *Ti76 : average annual rent re- m e d . 'v) whers the 1- purports it0 be for a Cerm ex- One Uhrd of the I 20 yeera, but not exceedlug 30 years; duty payable on a C o n v e y a n c e (No. a) (a) as levied by thts Act, dor a constderatlon e q u a l to three .IUm69 She Bmounr ., - or value of @e average annupl rent resa-ved (*) where .the lease to be for a tenn ex- One thM of the CE&ng 80 r(laq but not eraeeding 100 years; duty payable on a C o n v e y a n c e d (No. ?JS) (a) as - levled by this Act, tor a cowideration :*. s A . . . e q u a l 50 mur 1 ' . - times.theamount m vehls of the . . i avBrsge annual m a t reaervd !vU) where the 1- purports to be * a term ex- One third of the oeedbgloo~orinperpetuity; duty payable m (. ' a a o n v e y a n c e c (No. m3) (a) as lfded by this A&. far a codderatton equal h the m e . of a ease granted solely for . ~. hPal purposes to moth and in .my other owe to li6U of the w h o l e amount of rent - > .sghlch wwld be . ; . pkb3 or delivered In mwet cb the f (rub where the - doen ;uot purport to be for w One third of the deli&* tern - dnty psyabk on i' a c o n v e y a n c e (No. 231 (a) as i - ievletl by tMs Ad, for a conal&a- tLan equal &I three I .tlmcs the anmuat or value 02 the *I average s n n u n l j rant ww w ~ t a be paid or delive- red for the f*t ten years it the i lease mnbued so d' < long, (b) llKBere lease is granted for s fine or premium or One third of the & Convey&nee fbr o r e y advanced and whone no re^ is rpgewed. duty payable on f (NO. 29) (e) es ! I levied by tMa Act. for a ansLOera- I eirm equal to the smount or saBc bi Such fine orU premium OE ad- vance aa seS fa* (c) Hem the least i. granted far a Wne or premLu&, m e third oi the . ) 0s ror money advanced iol sddltlon to rent -ed dvty payable on a C o n v e y s n e e (No. 83) (a) as . Wed by thls Act, for a amldera- tton eqw to the amonat 'or d u e oi fine or premlmum or ad- - vanoe aa 6et et&h In the lc2aM. tn ' addition ti^ the - '1 duty whleh would bve been ps@b onsuehlease,ii n o 5 n e o t P R . . . mtum cr edvanca Bsd deliveted. beell paid or 1E.Pmptlom L @ ~ a x e e u t e d i n t h e b a o i u ~ P a t w ~ d i O T t b e purposerr of cultivstian (~n&i@ng a lease of &eea for the pmduetbn oi fed or without tke payment er dellvery oi any Sne or pemlum when a defidte I . ~ ~ ~ a u d s e c h t b z m d w s n o b ~ c e e d ~ e 1 I 1' 'el,-,' J , . II. & L r . r 1 I year, or w h the average annual rent reserved cloes not exceed one hundreQ rupeea. 7 In UIIs exemplon a lease for the sea ot eultlvation ahall lnclude a lease of lands for cultlvetlon together o with a llomestcad or tank. Explanation L Reot pald in advance &all be deemed to be prenmlum or money advanced within the meaning of * artlcle unless it k specKlcnUy provlded in the lease that rent prrld in advance wlll be net off towards A U, last or t n w e n t s oi rent. - = recurring charge such an GOV-BD~ revenie.-laod- lord's share o! ewes, or the owner's share of munldpal rates or taxes. whlch Ls by lea recoverable imm the '-or afrd slso the cost t6 repairs and i m - m pald by the lesaee, the sniouot so sgreed to be psrld bythelleaaeeshallbedeemed(obepartof~he.