Probate Duties (Amendment) Act 1899 (NSW)

Act No. 45, 1809.

pR oiuT E

D u ties	i .	till Act to impose certain jiroliate and other duties, and to amend the Stamp Duties Act, 1898. [22ad 7)rrc/a5cr, 1899.]
T > E it enacted by tlie Queen’s Most Excellent Majesty, by and witli _IA tbe advice and consent of tbo Lep;is]ativc Council and Legislative Assembly of Nev South “Wales in Eaiiiament assembled, and l)y tbe authority of tbe same, as follou's :—

A m en d m en t .

Duties lo bo ])ai(I	1. (1) "Where under Part I I I of tbe Stamp Duties Act, 1898, duties are payable or cliargeable u2)on or iu respect of tbe estates of any persons dying after the commeiu^ement of this Act, or arc payable or cbarg(!ablc u])on oi' in res])cct of any estates the subject of any settle­ ment, trust, disposition, conveyance, transfer, vesting, purchase, invest­ ment, or gift made or caused to be made before' or after tbe commence­ ment of this Act by any ])crson so dying, such duties shall be levied, collected, paid, and charged and cbargcable under tlie Stamp Duties
according lo
Schedule.

Act,

Act Xo. 45, 1891). 475

Trohale Duties {Amendment).

Act, 1SD8, according' to the duties mentioned in the Schedule to this Act, and such duties shall he in lien of the duties mentioned in the 'I'hii'd Scliednlc to tlie Stamp Duties Act, 1898.

(2) Provided that Avherc the total value of the estate, after Outics in case ot

deducting all debts 'which may in pursuance of the Stain}) Ihitii's'yA'i'e,"'’*'

Act, 1898, he deducted, does not exci'ed fifty thousand pounds, and

(«) Avhere any ])erson dies intestate leaving a Avidow and

children ; or

{ t j ) Avherc any person dies intestate leaving children, the o n l y

persons entitled in disti'ihution to his estate; or

(e) Avhere the widow of a testator, or Avidow' and children of a testator, or children of a testator, are the only })ersons entitled under his Avill ; or

{ ( 1) Avheri' the settlement, trust, disposition, eonveyanci', transfer,

AU'sting, ])urehase, investment, or gift of tlu' estate is for the

soh' hcnelit of tlie Avidow of the settlor, or A\ idow and ehildren

of the settlor, or children of the settlor,

the duty shall he calculated at one-hall' only of th(' percentagi' men­

tioned in the Schedule to this A ct; and

(e) Avherc any person dies intestate, leaving a Avidow and no ehildren; or

( / ) Avhere under a Avill the Avidow of a testator, or the AvidoAV

and children of a testatoi', or the ehildren of a testator,

together Avith oth.er jiersons, arc entitled imder such Avill; or

(//) Avherc the settlement, trust, disposition, conveyanei', transfer,

vesting, jiurchase, investment, or gift of the estate is for the

hcnelit of the AvidoAV of the settlor, or AA'idoAV and children

of the settlor, or children of settlor, and for thu' hcnelit of

other persons,

the duty shall he ealeulated so as to charge one-half only of the duty upon the distrihutlA'e share of such AvidoAV or upon the pi'o})erty dcAused or hequeathed to or otherw ise disposed of as iK'reinhi'fori' mentioned for the hcnelit of the widow, or AvidoAV and ehildren, or ehildren of the testator, as the ease may he.

(3) Provided also that w lu're ad valorem stamp duly has been ne.incii.m of Uiunp

|)aid in respect of any settlement, dei'd of gift, or voluntary e o n v e y a n e e '

made by any])orson Avithin tAvclve months of his death., the amount of

such stamp duty may he deducted from the amount of any duty payable under this section on the diath of that person in respect of the estate so settled, given, or eomayed.

(1<) The Avord “ children ” in this section shall mean and

include grand-children.

2. 'this Act may ho cited as the ‘‘ Probate Duties (Amendment) Suoii liito.

Act, 1899.”

SCHEDULE.

476   Act No. 4.5, 1899.

Probate Duties {Amendment).

SCHEDULE.

Wliore the total value of any estate, after deducting all debts which

may, in pursuance of the Stamp Duties Act, 1898, be deducted.

exceeds £1,000 and does not exceed £5,000... . . . ... 2 per cent.

„ £5,000 11 £6,000... .................................... 3 „

„ £6,000 £7,000... . . . . . . 3 s „

n 11

„ £7,000 »» 11 £8,000... . . . ... 3 ; , ,

„	£8,000	11	£9,000...	...............	3:'	„
„	£9,000	£10,000...	...............	3!	„

n 11

„	£10,000	11	£12,000...	...............	4	„
„	£12,000	11	£14,000...	....................................	41	„

„	£14,000	M	11	£16,000...	....................................	4 i	„
„	£16,000	>1	£18,000...	...............	41	„
„	£18,000	5̂	11	£20,000...	...................................	4!	„
„	£20,000	£22,000...	....................................	5	„
)>	11
„	£22,000	11	£24,000...	....................................	5 ‘	„
„	£24,000	11	£26,000...	....................................	51	„
„	£26,000	, ,	51	£28,000...	....................................	51	„
„	£28,000	£30,000...	...................................	5 ‘	„
n	15
„	£30,000	51	£32,000...	...................................	6	„
„	£32,000	5 5	11	£34,000...	...................................	61	„
„	£34,000	11	£36,000...	...................................	61	„
„	£36,000	£38,000...	...................................	61	„
i '	51
„	£38,000	£40,000...	....................................	61	„
j*	15
„	£40,000	£44,000...	....................................	7	„
11
„	£44,000	V	11	£48,000...	....................................	71	„
„	£48,000	>»	15	£52,000...	....................................	71	„
„	£52,000	5»	11	£56,000...	...................................	71	„
„	£56,000	£60,000...
51	11	...................................	7 ‘	„
„	£60,000	£64,000...	....................................	8	,,
11	11
„	£64,000	, ,	£68,000...	...................................	S ' .	„
11
„	£68,000	£72,000...
1)	11	...................................	81	„
„	£72,000	}1	11	£76,000...	...................................	81	„
„	£76,000	11	51	£80,000...	...................................	81	„
„	£80,000	£84,000...	...................................	9	„
11	11
„	£84,000	£88,000...	...............	91	„
11	51

,, £88,000 £92,000... ................ 91 „

11   11

„ £92,000 11 £96,000... ............... 91 „

„ £96,000 £100,000... ................ 91 „

>5 55

over the value of £100,000 ... ... ... ................10 „

Act