Page:Probate and Legacy Duties Act 1808 (ukpga 18080149 en).pdf/46

SCHEDULE, PART I.	Duty.
CONVEYANCE—continued.		£	s.	d.
And where, upon the Sale of any Annuity or other Right not before in existence, the same shall not be created by actual Grant or Conveyance, but shall only be secured by Bond, Warrant of Attorney, Covenant, Contract, or otherwise, the Bond or other Instrument by which the same shall be secured, or some One of such Instruments, if there be more than One, shall be deemed and taken to be liable to the same Duty as an actual Grant or Conveyance.
And where the principal or only Deed or Instrument of Conveyance (except the Surrender or voluntary Grant out of Court, or the Memorandum thereof, or the Copy of Court Roll of a Surrender or voluntary Grant in Court, of any Copyhold or Customary Estate), together with any Schedule, Receipt, or other Matter put or indorsed thereon or annexed thereto, shall contain 2,160 Words or upwards, then for every entire Quantity of 1,080 Words contained therein, over and above the first 1,080 Words, a further progressive Duty of		1	0	0
And where any such Surrender or voluntary Grant out of Court, or the Memorandum thereof, or the Copy of Court Roll of a Surrender or voluntary Grant in Court, of any Copyhold or Customary Estate, shall be the principal or only Instrument of Conveyance, and shall, together with any Schedule, Receipt, or other Matter put or indorsed thereon or annexed thereto, contain 2,160 Words or upwards, then for every entire Quantity of 1,080 Words contained therein, over and above the first 1,080 Words, a further progressive Duty of		0	15	0
And where there shall be several Deeds or Instruments for completing the Title to the Property sold, such of them as are not liable to the said ad valorem Duty shall be charged with the Duty to which the same may be liable under any general or particular Description of such Deeds or Instruments contained in this Schedule.
Exemptions from the preceding Duties on Conveyances upon the Sale of Lands, &c.
All Leases and Tacks of Lands, Hereditaments, or heritable Subjects, for a Life or Lives, or for a Term of Years, determinable with a Life or Lives, or for a Term absolute, not exceeding Ninety–nine Years, in consideration of a Fine or Grassum paid for the same, which Leases and Tacks are herein-after otherwise charged.
All voluntary Grants, made by the Lord or Lady of any Manor, of any Copyhold or Customary Lands or Hereditaments, for a Life or Lives, for a pecuniary Consideration, and the Copies of Court Roll of such voluntary Grants, which Grants and Copies are herein-after otherwise charged.
All Surrenders and other Instruments relating only to Copyhold or Customary Estates, whose clear yearly Value shall not exceed 20s. which are herein-after otherwise charged.
All Transfers of Shares in the Stock and Funds of the Governor and Company of the Bank of England, and of the South Sea and East India Companies, which are herein-after otherwise charged.