This Part of this Act shall be read together with and deemed part of the Stamp Duties Act, 1923 (hereinafter in this Part referred to as the principal Act).

The amounts and rates of stamp duty prescribed by this Part of this Act shall be charged in respect of instruments executed after the passing of this Act.

All instruments executed before the passing of this Act shall be charged with the same stamp duty (if any) as if this Part of this Act had not been passed.

Section seventy-nine of the principal Act is hereby amended as follows:—

Notwithstanding anything to the contrary in the principal Act, every instrument of conveyance executed after the passing of this Act whereby property is transferred by the Public Trustee, the Native Trustee, the State Advances Superintendent, or any other incorporated Department or instrument of the Executive Government of New Zealand, shall be charged with the same conveyance duty (if any) as if the transferor were a private person.

Section eighty-one of the principal Act is hereby amended by repealing paragraphs (h) and (i) thereof.

Section eighty-seven of the principal Act is hereby amended by omitting the words “twelve shillings and sixpence”, and substituting the words “fifteen shillings”.

Section ninety-one of the principal Act is hereby amended by omitting the words “two shillings and sixpence”, and substituting the words “three shillings”.

Section one hundred and one of the principal Act is hereby amended by omitting from subsection three the words “twelve shillings and sixpence”, and substituting the words “fifteen shillings”.

Section one hundred and two of the principal Act is hereby amended as follows:—

Section one hundred and three of the principal Act is hereby amended by omitting the words “twelve shillings and sixpence”, and substituting the words “fifteen shillings”.

Section one hundred and seven of the principal Act is hereby amended by omitting from subsection one the words “twelve shillings and sixpence”, and substituting the words “fifteen shillings”.

Section four of the Stamp Duties Amendment Act, 1925, is hereby amended by omitting from subsections one and two the words “two shillings and sixpence”, and in each case substituting the words “five shillings”.

Section nine of the Stamp Duties Amendment Act, 1926, is hereby amended by omitting from subsection one the words “two shillings and sixpence”, and substituting the words “five shillings”.

Section one hundred and ten of the principal Act is hereby amended by inserting, after the words “one shilling”, the words “and sixpence”.

Section one hundred and twelve of the principal Act, section ten of the Stamp Duties Amendment Act, 1924, and paragraph (b) of subsection five of section four of the Stamp Duties Amendment Act, 1925, are hereby repealed.

Every mortgage of land to any public authority other than the State Advances Superintendent shall, if executed after the passing of this Act, be charged with mortgage duty in the same manner as if the mortgagee were a private person.

Section one hundred and nineteen of the principal Act is hereby amended by inserting, after the words “three shillings” in subsection one, the words “and sixpence”.

Section one hundred and forty-three of the principal Act is hereby amended by omitting from subsection one the words “fifteen shillings”, and substituting the words “twenty-two shillings and six pence”.

This section shall be deemed to have come into force on the first day of July, nineteen hundred and thirty.

Section one hundred and sixty-two of the principal Act is hereby amended by repealing subsection one, and substituting the following subsection:—

Section fourteen of the Stamp Duties Amendment Act, 1924, is hereby repealed.

Section one hundred and sixty-seven of the principal Act is hereby amended by inserting, after the words “three pounds” in subsection one, the words “ten shillings”.

Every deed or instrument that is excluded from the definition of the term “deed of assignment” by paragraph (a) of subsection two of section one hundred and sixty-seven of the principal Act shall be charged with duty under section one hundred and sixty-eight of that Act, and not otherwise.

Section one hundred and sixty-eight of the principal Act is hereby amended by omitting from subsection one the words “twelve shillings and sixpence”, and substituting the words “fifteen shillings”.

Section one hundred and eighty-one of the principal Act is hereby amended by repealing paragraph (g) thereof.

Section one hundred and eighty-eight of the principal Act is hereby amended as follows:—

This section shall come into force on the first day of January, nineteen hundred and thirty-one.

For the purposes of the payment of license duty under Part X of the principal Act, the Government Insurance Commissioner under the Government Life Insurance Act, 1908, and the State Fire Insurance General Manager under the State Fire Insurance Act, 1908, shall respectively be liable for the payment of the maximum amount of such duty payable under paragraph (a) of subsection one of section one hundred and eighty-eight of the principal Act, as if they were New Zealand companies with the requisite nominal capital.

This section shall come into force on the first day of January, nineteen hundred and thirty-one.

Notwithstanding anything to the contrary in the principal Act, bills of exchange and promissory notes drawn or made by or on behalf of the Government Insurance Commissioner or the State Fire Insurance General Manager shall be liable to stamp duty under section one hundred and thirty-four of that Act, and all receipts given by them or on their behalf shall be liable to stamp duty under section one hundred and seventy-seven thereof.

The provisions of section one hundred and forty-four of the principal Act in respect of composition for the payment of stamp duty payable on cheques and receipts issued or given by the Public Trustee, otherwise than on behalf of His Majesty, are hereby extended to authorize the Minister of Stamp Duties to agree with the Government Life Insurance Commissioner and the State Fire Insurance General Manager respectively for composition of the stamp duty payable by them in respect of receipts and cheques.

Section twenty of the Stamp Duties Amendment Act, 1924, is hereby amended by omitting from subsection two the words “two shillings and sixpence”, and substituting the words “three shillings”.

In respect of every race-meeting held after the passing of this Act, totalizator duty under Part XI of the principal Act shall be charged at the rate of five per centum of the gross takings of the totalizator at that race-meeting.

Section one hundred and ninety-two of the principal Act is hereby consequentially amended by omitting from subsection one the words “two and a half”, and substituting the word “five”.

Section one hundred and ninety-three of the principal Act is hereby amended by omitting from subsection two the word “ten”, and substituting the words “twelve and a half”.

Subsection one of section thirty-five of the Gaming Act, 1908, is hereby consequentially amended by omitting the words “(after deducting the usual ten per centum commission)”; and by adding, after the words “investments on the totalizator,” the words “after deducting by way of commission an amount not exceeding twelve and a half per centum thereof”.

This Part of this Act shall be read together with and deemed part of the Death Duties Act, 1921 (in this Part referred to as the principal Act).

This Part of this Act, so far as it relates to death duties, shall apply to the estates of all persons who die after the passing of this Act, and, so far as it relates to gift duty, shall apply to all gifts made after the passing of this Act.

Where the final balance of any estate exceeds one hundred thousand pounds estate duty shall be charged and assessed as follows:—

The First Schedule to the principal Act is hereby consequentially amended by omitting the last line of the scale of rates set out therein, and substituting the following, exclusive of the headings:—

Section forty-six of the principal Act is hereby amended by repealing paragraph (a) of subsection one, and substituting the following paragraphs:—

Section four of the Death Duties Amendment Act, 1923, is hereby consequentially amended by omitting from subsection three the words “one thousand”, and substituting the words “five hundred”.

This Part of this Act shall be read together with and deemed part of the Amusements-tax Act, 1922 (hereinafter in this Part referred to as the principal Act).

Section two of the principal Act is hereby amended by adding to the definition of the term “payment on admission” the following words: “and also includes any payment made in respect of the reservation for any person of any seat or place at an entertainment”.

Subject to the provisions of the principal Act, there shall be charged, levied, and paid for admission to all entertainments within the meaning of that Act that are held after the passing of this Act a duty (in this Act and the principal Act referred to as amusements-tax) computed as follows:—

This section is in substitution for section three of the principal Act as amended by the Amusements-tax Amendment Act, 1924, and the said section three and the Amusements-tax Amendment Act, 1924, are hereby repealed accordingly.

This Part of this Act shall be read together with and deemed part of the Main Highways Act, 1922 (in this Part referred to as the principal Act).

Section fourteen of the principal Act is hereby amended by repealing paragraph (a) thereof.

Section sixteen of the principal Act is hereby amended by repealing paragraph (b) thereof.

As from the first day of April, nineteen hundred and thirty, interest at the rate of five per centum per annum shall, without further appropriation than this section, be paid out of the Main Highways Revenue Fund into the Consolidated Fund on the sum of one million two hundred and twenty-six thousand pounds, being the total amount heretofore appropriated out of the Public Works Fund and paid into the Main Highways Construction Fund, in terms of paragraph (δ) of section sixteen of the principal Act.

The interest payable under this section shall be paid at such times as the Minister of Finance from time to time directs.

All subsidies payable to local authorities after the first day of April, nineteen hundred and thirty, in respect of general rates, pursuant to section nine of the Appropriation Act, 1916, or section seventy-two of the Municipal Corporations Act, 1920, shall, without further appropriation than this section, be paid out of the Main Highways Revenue Fund, and not out of the Consolidated Fund.

Section nine of the Appropriation Act, 1916, and section seventy-two of the Municipal Corporations Act, 1920, are hereby accordingly respectively amended by omitting therefrom all references to the Consolidated Fund and substituting in every case a reference to the Main Highways Revenue Fund.

All payments made to local authorities out of the Consolidated Fund on or after the first day of April, nineteen hundred and thirty, and before the passing of this Act, pursuant to the aforesaid sections or either of those sections, shall forthwith after the passing of this Act be recouped to the Consolidated Fund, without further appropriation than this section, out of the Main Highways Revenue Fund.

Of the net revenues which, pursuant to the Motor-spirits Taxation Act, 1927, are paid into the Consolidated Fund after the first day of August, nineteen hundred and thirty, and before the first day of April, nineteen hundred and thirty-one, in respect of Customs duty on motor-spirits, ninety-four and a half per centum shall be paid into the Main Highways Revenue Fund and the balance shall be applied in accordance with the provisions of paragraph (b) of subsection one of section nine of that Act. Of the net revenues received as aforesaid on or after the said first day of April, nineteen hundred and thirty-one, ninety-two per centum thereof shall be paid into the Main Highways Revenue Fund, and the balance shall be paid to the several Borough Councils entitled thereto in accordance with the aforesaid paragraph (b).

Section nine of the Motor-spirits Taxation Act, 1927, shall be read subject to the foregoing provisions of this section.

Notwithstanding anything to the contrary in the principal Act, there shall be payable out of the Main Highways Revenue Fund such sums as may from time to time be appropriated by Parliament for the maintenance or construction of roads, not being main highways, that afford or are intended to afford access to outlying areas, or to areas which, by reason of their physical nature or condition, or by reason of the financial position of the local authorities in whose districts they are situated, are subject to special disabilities.

The total amount to be appropriated in any financial year under this section shall not, unless in such appropriation the operation of this subsection is expressly excluded, exceed an amount equal to one-third of the net revenues estimated to be derived in that year from Customs duties on motor-spirits, reduced by the amount estimated to be payable out of the Main Highways Revenue Fund for that year as subsidies on general rates collected by local authorities, and further reduced by the sum of ninety-six thousand pounds.

The foregoing provisions of this Part of this Act shall continue in force until the thirty-first day of August, nineteen hundred and thirty-one, and shall then expire.

In consequence of the expiry of the said provisions, the following provisions shall apply:—

This Part of this Act shall be read together with and deemed part of the Cinematograph Films Act, 1928 (hereinafter in this Part referred to as the principal Act).

In this Part of this Act the expression “sound-picture film” has the same meaning as in section two of the Cinematograph Films Amendment Act, 1929.

For the purposes of the principal Act and this Act the term “renter” shall include an exhibitor who acquires any films for exhibition otherwise than through the agency of another licensed renter, and every such exhibitor is hereby required accordingly to be the holder of a renter’s license under the principal Act.

Subject to the provisions of this Part of this Act, there shall be levied, collected, and paid to and for the use of His Majesty, as from the first day of July, nineteen hundred and thirty, a special tax (hereinafter in this Part referred to as film-hire tax).

Film-hire tax shall be levied in respect of the proceeds derived or deemed, for the purposes of this Part of this Act, to have been derived from the renting of sound-picture films.

Film-hire tax shall be payable by every person who for the time being is the holder of a renter’s license under Part IV of the principal Act, or who is required by that Act to be the holder of such a license.

No person shall be relieved from liability to pay film-hire tax in accordance with this Part of this Act in respect of any period by reason of the fact that since the termination of that period he has ceased to carry on business as a renter.

References in this Part of this Act to renters or to holders of renters’ licenses shall, for the purposes of the payment of film-hire tax, include persons who have failed to comply with the provisions of the principal Act and this Act requiring them to be holders of such licenses.

The film-hire tax payable by any renter shall be assessed on the net monthly receipts derived by him from renting sound-picture films, or, in the case of an exhibitor who is also a licensed renter, shall be assessed on the net monthly receipts deemed, in accordance with the provisions hereinafter set forth, to have been derived by him from renting sound-picture films.

Film-hire tax shall be levied at the following rates, namely:—

For the purposes of this Part of this Act the net receipts derived in any period from the renting of sound-picture films by a renter who is not also an exhibitor shall be deemed to be the difference between the gross receipts derived therefrom during that period and the aggregate of the following amounts, namely:—

For the purposes of this Part of this Act, every renter who is also the holder of an exhibitor’s license shall, in respect of sound-picture films acquired by him otherwise than through the agency of another licensed renter, be required in his accounts to allocate to each such sound-picture film a reasonable rental therefor, for every period in which such film is exhibited by him, and the total amount so allocated in respect of sound-picture films in any period, in addition to any amounts received by him from the business of renting sound-picture films to other exhibitors, shall be deemed, for the purposes of this Part of this Act, to be the gross receipts derived by him in that period from the business of renting sound-picture films.

The net receipts of any renter who is also the holder of an exhibitor’s license as aforesaid shall be ascertained by deducting from his gross receipts, calculated in the manner prescribed by the last preceding subsection, the aggregate of the amounts deductible in accordance with paragraphs (a) and (b) of subsection one of this section.

For the purposes of this Part of this Act every licensed renter shall, not later than the fifteenth day of each month, furnish to the Commissioner of Taxes a return in the prescribed form, or in a form approved by the Commissioner, setting forth a complete statement of his gross receipts and expenditure in connection with the renting of films for the preceding month, together with such other particulars as may be prescribed or as may be required by the Commissioner. The first such return shall be made in respect of the months of July and August of the year nineteen hundred and thirty, and shall be furnished to the Commissioner not later than the fifteenth day of September in that year.

Where a return in accordance with the last preceding sub section cannot conveniently be made the Commissioner may accept a return based on the average monthly receipts and expenditure, or any other return which in his opinion is approximately correct.

Where an approximate return has been accepted by the Commissioner under the last preceding subsection, he may at any time require the renter to furnish an accurate return for the period covered by any such approximate return or returns. Forthwith after the receipt of any return under this subsection an adjustment shall be made in the film-hire tax paid or payable by the renter concerned. If it appears from such return that less tax has been paid for any period than was properly payable, the balance shall forthwith become payable by the renter; any tax paid in excess of the amount properly payable shall be forthwith refunded by the Commissioner, without further appropriation than this section, or, if the renter agrees, may be carried forward towards future payments of film-hire tax.

The tax payable in accordance with this Part of this Act for the months of July and August in the year nineteen hundred and thirty shall be due on the first day of September in that year, and the tax payable for each month thereafter shall be due on the first day of the next succeeding month. The tax for every month is hereby required to be paid when the return in relation thereto is forwarded to the Commissioner, and it shall not be necessary for the Commissioner to issue any demand for the payment of the same.

For the purposes of the assessment and collection of film hire tax under this Part of this Act the Commissioner of Taxes shall have all the powers conferred on him by the Land and Income Tax Act, 1923, as if film-hire tax were income-tax.

Every licensed renter shall, except as otherwise provided in this Part of this Act, be subject to the same duties and liabilities in respect of the making of returns for the purposes of this Part of this Act as if the film-hire tax payable thereunder were income-tax:

Provided that nothing herein shall render any person liable for the payment of any additional tax under section one hundred and thirty-five of the Land and Income Tax Act, 1923.

Any allocation made by a renter for the purposes of paragraph (f) of subsection one of section thirty-one of the principal Act, or any allocation of rents or other charges as between sound-picture films and other films, or as between British films and foreign films, or any allocation made by a renter who is also an exhibitor in accordance with the provisions of section forty-six of this Act, may be reviewed by the Commissioner of Taxes, and if he has reason to believe or suspect that any such allocation is not a fair and proper one he may amend it in such manner as he considers equitable. If the renter fails in any case to make any such allocation as aforesaid, the Commissioner may make the allocation in such manner as he thinks proper. From every decision of the Commissioner under this subsection the renter shall have the same right of objection as if such decision were an assessment of income-tax under the Land and Income Tax Act, 1923.

The right of rejection conferred on exhibitors by subsection two of section thirty-nine of the principal Act shall not at any time be affected by the fact that section thirty-three of the principal Act is not then in force.

At all times while the said section thirty-three is not in force the quota-requirements of exhibitors shall, for the purposes of subsection two of section thirty-nine of the principal Act, be deemed to have been fixed in accordance with the Second Schedule to that Act, and the extent of every exhibitor’s right of rejection of foreign quota films shall be determined accordingly. For the purposes of this subsection and of section thirty-nine of the principal Act in its relation to this subsection, every exhibition of a quota film shall be deemed to be the exhibition of a separate film.

For the purpose of determining whether or not an exhibitor has in any case a right under subsection two of section thirty-nine of the principal Act to reject any foreign quota films, being the subject-matter of a contract to which the exhibitor is a party, and where such a right exists, then, for the purpose of determining the extent of that right, no account shall be taken of any other contract or arrangement by which the exhibitor has contracted or arranged for a supply of quota films during the same period or during any part of that period, nor shall any account be taken of any other quota films which may in fact be exhibited by the exhibitor during that period, or which may before the commencement of that period, have been exhibited in the same year.

The power to make regulations conferred on the Governor-General by section forty-three of the principal Act shall include power to make such regulations as may be deemed necessary for the purpose of giving effect to this Part of this Act.

Section four of the Sharebrokers Act, 1908 is hereby amended as follows:—

This section shall come into force on the first day of January, nineteen hundred and thirty-one.

The Land Assurance Fund Account established under the Land Transfer Act, 1915, is hereby abolished, and all moneys standing to the credit of that account on the passing of this Act shall forthwith be transferred to the Consolidated Fund.

Of the moneys transferred to the Consolidated Fund pursuant to the last preceding subsection, the sum of twenty-five thousand pounds shall be credited to a Deposit Account in the Consolidated Fund.

All moneys which if this section had not been passed would have been payable into the Public Account and credited to the Land Assurance Fund Account shall hereafter be paid into the Public Account to the credit of the Consolidated Fund.

All moneys which if this section had not been passed would hereafter have been payable out of the Land Assurance Fund Account shall, while the Deposit Account hereinbefore referred to is maintained, be paid, without further appropriation than this section, out of that Deposit Account.

At any time after the expiration of five years from the passing of this Act the said Deposit Account may be abolished, and all moneys therein shall thereupon be credited to the Ordinary Revenue Account of the Consolidated Fund.

After the abolition of the said Deposit Account all moneys which would have been payable out of that Account if it had not been so abolished shall, without further appropriation than this section, be paid out of the Consolidated Fund.

Subsection four of section one hundred and eighty-five of the Land Transfer Act, 1915, is hereby repealed. The provisions of the said Act and of any other Act in which reference is made to the Land Assurance Fund or the Land Assurance Fund Account shall be read subject to the provisions of this section.

Whereas moneys received by the Public Trustee, in his capacity as the Custodian of Enemy Property, prior to the first day of June, nineteen hundred and twenty (being the date of the Treaty of Peace Order, 1920), were, in conformity with the provisions of the War Regulations relating thereto, invested in the Common Fund of the Public Trust Office: And whereas no interest was paid to the Public Trustee in his capacity as the Custodian of Enemy Property in respect of the moneys so invested: And whereas it is deemed proper that interest should be allowed in respect of moneys invested in the Common Fund of the Public Trust Office as aforesaid, and that to the extent hereinafter appearing the amount so allowed should be paid into the Consolidated Fund: Be it therefore enacted as follows:—

Forthwith after the passing of this Act, there shall, without further appropriation than this section, be paid out of the Public Trustee’s Account into the Public Account to the credit of the Consolidated Fund the sum of thirty thousand pounds, as interest on moneys received, as hereinbefore recited, by the Public Trustee, in his capacity as the Custodian of Enemy Property, prior to the first day of June, nineteen hundred and twenty, and invested by him in the Common Fund of the Public Trust Office.