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Probate and Legacy Duties Act 1808

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This is the original version (as it was originally enacted).

XLVIIAppropriation of Duties.

And be it further enacted, That from and after the Tenth Day of October One thousand eight hundred and eight, out of the Monies so to be paid into the Receipt of the Exchequer as aforesaid, there shall be set apart the yearly Sum of Three millions nine hundred and fifty-six thousand seven hundred and ninety Pounds and Ten-pence, being the aggregate Amount of the ne" yearly Produce of the Duties granted by the aforesaid Acts of the Forty-fourth and Forty-fifth Years of His Majesty's Reign, (except the Duties on Lottery Licences and Shares of Tickets since repealed, and except the Duties on Ale Licences and Game Certificates which are intended to be removed from the Management of the Commissioners of Stamps by certain Acts of the present Session,) upon an Average of Two Years, ending on the Fifth Day of January last, and of the net Produce of the Duties on Appraisements and Licences to Appraisers, granted by the aforesaid Act of the Forty-sixth Year of His Majesty's Reign, for One Year, ending on the same Fifth Day of January; and which said yearly Sum shall be set apart, by Four equal Portions quarterly, on the Fifth Day of January, the Fifth Day of April, the Fifth Day of July, and the Tenth Day of October in every Year; and there shall also be set apart, at the Exchequer, quarterly, on the Days aforesaid, or as soon after as the same can be done, such further Sum, as shall be equal to the net Produce of the Duties on Licences to deal in Thread Lace, granted by the aforesaid Act of the Forty-sixth Year of His Majesty's Reign, of which a separate Account shall be kept at the Stamp Office, and be transmitted to the Exchequer; and after setting apart the said several Sums, the Remainder of the Monies so to be paid into the Exchequer as aforesaid shall be deemed an Addition made to the Public Revenue of Great Britain, for the Purpose of defraying the increased Annual Charge occasioned by any Loan made, or Stock created, by virtue of any Act or Acts passed or to be passed in the present Session of Parliament.

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