Payable on demand, or at sight, or on presentation (or within three days after sight or date)1 . . . . 1d.

[When an adhesive stamp is used in these cases, it should be a penny postage and inland revenue stamp, whether the bill be an inland or a foreign bill, and not a foreign bill stamp.]

Bill of Exchange of any other kind whatsoever (except a bank-note) and Promissory Note of any kind whatsoever (except a bank-note) drawn, or expressed to be payable, or actually paid, or endorsed, or in any manner negotiated in the United Kingdom.

When the amount or value of the money for which the bill or note is drawn or made does not exceed 5 1d.

1 The words in parenthesis were added by the Finance Act (1899), Sect. 10 (2).

Exceed 5and doesnot exceed

10.....

2d.

,,

10

,,

,,

25 ................

3d.

25

,,

,,

50.....

6d.

50

,,

,,

75........

9d.

,,

75

,,

,,

100.....

1s.

„ 100, for every =100 and also for any fractional part of =100 of such amount or value .... 1s.

By the Finance Act, 1899, Sect. 10, the duty on a bill of exchange drawn and expressed to be payable out of the United Kingdom, where actually paid, or endorsed, or in any manner negotiated in the United Kingdom shall, where the amount for which the bill is drawn exceeds =50, be reduced so as to be:

When the amount exceeds 50 and does not exceed 100...............6d.

Exceeds 100, for every 100 and also for any fractional part of 100.....................................................6d.