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Instruments Regulation 1954

Instruments Act 1953
This reprint of this Statutory Instrument incorporates all amendments, if any, made before25 November 2006 and in force at  1 July 2001.


.........
Legislative Counsel
Dated 25 November 2006


INDEPENDENT STATE OF PAPUA NEW GUINEA.

Chapter 254.

Instruments Regulation 1954

ARRANGEMENT OF SECTIONS.

Instruments Regulation 1954

MADE under the Instruments Act 1953.


Dated                   200 .


  1. REGISTER OF BILLS OF SALE.

The register of bills of sale required to be kept under Section 8(1)(c) of the Act shall be in Form 1.

  1. MEMORANDA OF SATISFACTION.

A memorandum of satisfaction under Section 11(1)(a) of the Act shall be in Form 2.

  1. STOCK MORTGAGES.

A statement of particulars of a stock mortgage required by Section 27 of the Act shall be in Form 3.

  1. FEES.

The fees for the doing of an act or thing specified in Schedule 2 are the fees prescribed in that Schedule.

SCHEDULE 1

PAPUA NEW GUINEA.

Instruments Act 1953.

Form 1 – Register.

Reg., Sec. 1. Form 1


By whom given (or against whom process issued).
To whom given.




No.
Name.
Residence.
Occupation.
Name.
Residence.
Occupation.
Nature and date of bill of sale.
Date and time of registration.
Date of renewal.
Satisfaction.

































N.B.–In the case of a bill of sale by way of security it is not imperative to state the residence and occupation of the grantee.

PAPUA NEW GUINEA.

Instruments Act 1953.

Form 2 – Memorandum of Satisfaction.

Act, Sec. 11(1)(a).Reg., Sec. 2. Form 2.

9999_254_SI_2001070100000000.png

PAPUA NEW GUINEA.

Instruments Act 1953.

Form 3 – Statement of Particulars of Stock Mortgage.

Act, Sec. 27.Reg., Sec. 3. Form 3.

Date of deed.
Name of mortgagor.
Name of mortgagee.
Name of witness or witnesses.
Consideration.
Numbers and description of mortgaged stock, brands or other distinctive marks and station where they are depasturing, and name of principal superintendent or overseer.


















SCHEDULE 2 – FEES.

Reg., Sec. 4.


FEES.


Act or thing.
Fees. K.
1.
For registering a bill of sale under Section 5 of the Act
0.75
2.
For registering a transfer of a bill of sale under Section 7 of the Act
0.75
3.
For renewing the registration of a bill of sale under Section 9 of the Act
0.75
4.
For registering a memorandum of satisfaction of a bill of sale under Section 11 of the Act
0.75
5.
For registering a lien on crops under Section 15 of the Act
0.75
6.
For entering satisfaction of a lien on crops under Section 20(2) of the Act
0.75
7.
For renewal of a lien on crops under Section 20(3) of the Act
0.75
8.
For registering a transfer of a lien on crops under Section 21(2) of the Act
0.75
9.
For registering a lien on wool under Section 23 of the Act
0.75
10.
For registering a stock mortgage under Section 27 of the Act
0.75
11.
For registering a transfer of a lien on wool or stock mortgage under Section 30 of the Act
0.75
12.
For entering satisfaction of a lien on wool under Section 31(2) of the Act
0.75
13.
For registering a satisfaction of a mortgage of stock under Section 32(1) of the Act
0.75
14.
For searching a register under Section 42(1) of the Act
0.50
15.
For each office copy or extract of or from an instrument or document under Section 42(2) of the Act
0.75

and, in addition, for every folio of 72 words after the first 5 folios, per folio
0.08

SCHEDULE 2

Reg., Sec. 4.


FEES.


Act or thing.
Fees K
1.
For registering a bill of sale under Section 5 of the Act
5.00
2.
For registering a transfer of a bill of sale under Section 7 of the Act
5.00
3.
For renewing the registration of a bill of sale under Section 9 of the Act
5.00
4.
For registering a memorandum of satisfaction of a bill of sale under Section 11 of the Act
5.00
5.
For registering a lien on crops under Section 15 of the Act
5.00
6.
For entering satisfaction of a lien on crops under Section 20(2) of the Act
5.00
7.
For renewal of a lien on crops under Section 20(3) of the Act
5.00
8.
For registering a transfer of a lien on crops under Section 21(2) of the Act
5.00
9.
For registering a lien on wool under Section 23 of the Act
5.00
10.
For registering a stock mortgage under Section 27 of the Act.
5.00
11.
For registering a transfer of a lien on wool or stock mortgage under Section 30 of the Act.
5.00
12.
For entering satisfaction of a lien on wool under Section 31(2) of the Act
5.00
13.
For registering a satisfaction of a mortgage of stock under Section 32(1) of the Act
5.00
14.
For searching a register under Section 42(1) of the Act
5.00
15.
For each office copy or extract of or from an instrument or document under Section 42(2) of the Act and, in addition, for every folio of 72 words after the first 5 folios, per folio
1.00

Office of Legislative Counsel, PNG


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