Stamp Duties (Amendment) Act 1932 (NSW)

STAMP DUTIES (AMENDMENT)

ACT.

X 'rVct No. 53, 1932.

George V. All Act to alter the stamp duties payable in

No. 53,1932.	respect of agreements for the hire of
motion picture films, and duplicates or counterparts of such agreements; to amend the Stamp Duties Act, 1920-1932; and for purposes connected therewith. [Assented to, 21st December, 1932.]

Short title	T 3E it enacted bv the King's iVIost Excellent Majesty,
and com­	by and with the advice and consent of the Legis­ lative Council and Legislative Assembly of New South Wales in Parliament assembled, and by the authority of the same, as follows :—
mencement.

1 . (1) This Act may be cited as the “ Stamp Duties

(Amendment) Act, 1932.”

- (2)

Stamp Duties (Amendment) Act. 387

No. 53, 1932.

(2) This Act shall be deemed to have commenced

upon the thirty-first day of March, one thousand nine

hundred and thirty-one.

.

2 . From and after the thirty-first day of March, one thousand nine hundred and thirty-one, there shall be	*	' '
charged, levied, collected and paid under the provisions of the Stamp Duties Act, 1920-1932, as amended by this Act, for the use of His Majesty and for the credit of the Consolidated Revenue Fund in respect of the instru­ ments referred to in section three of this Act, stamp duties at the several rates and of the several amounts and by the persons specified in that section in lieu of the stamp duties payable in respect of such instruments prior to the said date.

3 . The Second Seheaule to the Stamp Duties Act	> Act No. 47, 920.
Second

1920-1932, is amended— Schedule.

(a) by inserting after paragraph eight of the matter appearing under the heading “ Lease or Promise of or Agreement for Lease or Hire of any Property not being a Ship or Vessel” the

.

-	following new paragraph:—
(9) i‘\grcement for the hire of a motion

pii^ture film—

(a) where the amount of rental or hire payable does not exceed £1,000:—

For every S.‘2i) or part of £*2")

■ of such rental or hire.................... 0 1 0

(b) wheie the amount of such rental The per.son

or hire exceeds £1,000 : — to whom

For the first £1,000 of such the film

rental or hire, the same duty	ih hired.
as provided in subparagraph (a) hereof, and thereafter for each additional £1,000 or par t of £1,000 of such rental

or h ire ......................................... 1 0 0

(b)	by inserting after the matter appearing under tlie heading “ Deed” the following new heading and matter:—
Duplicate or Counterpart of an agreement 0 0 6 The per­

for the hire of a motion picline film.	son to
Exemption ,—Where there are a number	w li 0 m

of duplicates or countcr])arts of any par­	the film
ticular agreement for the hire of a motion	is hired*
picture film, and cne of such agreements o r counterparts is duly .stamped, the other o r others of them arc exempt.

M ARITIM E