Stamp Act Amendment Act 1925 (WA)

No. 47.] Stamp. [1925.

STAMP.

16° GEO. V., No. XLVII.

No. 47 of 1925.

AN ACT to amend the Stamp Act, 1921.

[Assented to 31st December, 1925.]

Council and Legislative Assembly of Western Australia, in

BE it enacted by the King's Most Excellent Majesty, byand with the advice and consent of the Legislative

this present Parliament assembled, and by the authority of

of the same, as follows :—

Short title 1. This Act may be cited as the Stamp Act Amendment

Act, 1925, and shall be read as one with the Stamp Act,

1921, hereinafter referred to as the principal Act.

Conveyance duty in

cases where con-	2.	(1.) A section is inserted in the principal Act as
request or by direc.

veyance made at	follows :-
Urns of inter-

mediary. 67A. When property is conveyed or transferred

See N.Z., 1023, by one person to another

No. 26, sec. 86.	(a) By the direction, or at the request, or with the consent of an intermediary who, under an agreement of sale, or a trust, or otherwise howsoever, has the right to call for a convey. ance or transfer of the property to himself or to any other person ; or
(b) In pursuance of any derivative title obtained by the transferee from or through the inter- mediary by m ay of an agreement of sale, or otherwise howsoever,

the instrument of conveyance or transfer shall be subject to conveyance duty, as if it were both a con- veyance of the property by the transferor to the inter- mediary, and also a conveyance of the property by

1925.] Stamp. [No. 47.

the intermediary to the transferee ; and if there are several intermediaries, as if it were a conveyance of the property from the transferor to the first inter- mediary, and a conveyance from each intermediary to the other in succession, and from the last inter- mediary to the transferee.

(2.) Subsections (3), (4), and (5) of section sixty-

seven of the principal Act are hereby repealed.

(3.) This Section is subject to the provisions of

Section 71.

3. A paragraph is added to section ninety-nine of the Amendment of see. 99.

principal Act, as follows :—

Where money has been received by a solicitor or agent from his client or principal for payment to another person, the receipt to be given by the solicitor or agent to his client or principal shall be subject to a stamp duty of one penny and no more ; provided that the receipt to be given to such solicitor or agent by such other person receiving the payment shall be stamped with ad valorem duty as prescribed in the Second Schedule.

4. The second schedule to the principal Act is hereby Amendment of Second Schedule.

amended :—

(1.) By omitting the words " or goldfields " in para-

graph (a) of the item " Betting ticket."

(2.) By substituting in the item headed " Conveyance or Transfer on sale of any property," and in the item headed " Land Transfer " the figures " 1927 " in place of the figures ` 1926 " as inserted by the Stamp Act Amendment Act, 1924.

(3.) By an addition to the exemptions under the heading of " cheque or order payable on de- mand " of a paragraph as follows:—" Cheques or orders for the withdrawal of money de- posited in the State or Commonwealth Savings Bank by Friendly Societies or other similar bodies."