Land Tax Act 1698

LXXXIX. £40,374 17s. 17d.in Malt Tickets, and £58,620 7s. 2d. in Tallies, on Duties on Leather, which remained in the Hands of Treasurer of Navy on 17th March 1698, issued to the Victualling.; £74,903 7s.3d. in Tallies on Third 4s. Aid, and £113,829 1s.11d. in Tallies on First 3s. Aid, issued to the Course of the Navy. Treasury may allow a Discount, not exceeding £10 per Cent; Buyer not obliged to take Oath concerning Premiums.

And whereas there were divers Talleys Malt Tickets and other Securities on the Seaventeenth Day of March One thousand six hundred ninety eight in the Hands of the Treasurer of the Navy directed to be applied to the Payment of Wages to Seamen And forasmuch as the said Talleys and Securities cannot be used in the said Service without great Losse and may be more usefully [X1 employed] to other Services of the Navy Be it enacted by the Authority aforesaid That the said Malt Tickets amounting to the Sum of Foarty thousand three hundred seaventy four Pounds Seaventeene Shillings and Seaven Pence and the Talleys on the late Duty of Coal transferred to the Duty on Leather amounting to the Sum of Fifty eight thousand six hundred and twenty Pounds Seaven Shillings and Two Pence in the Treasurer of the Navies Hands as aforesaid shall be applied with the Interest due and to be due thereon to the Service of victualling His Majesties Navy performed and to be performed and the Talleys in the Treasurer of the Navys Hands as aforesaid on the Third Four Shillings Aid amounting to Seaventy four thousand nine hundred and three Pounds Seaven Shillings and Three Pence and the Talleys on the First Three Shillings Aid amounting to the Sum of One hundred and thirteen thousand eight hundred twenty nine Pounds One Shilling and Eleaven Pence shall be applied with the Interest due and to be due thereon to the Course of the Navy for Services performed and to be performed And the Commissioners of His Majesties Treasury and Lord High Treasurer or Commissioners of the Treasury for the time being are hereby impowered to allow to such as shall accept the said Talleys and other Securities in or in part of Payment soe much by way of Discount of the Principall not exceeding Ten Pounds per Centum as to them the said Commissioners of His Majesties Treasury and Lord High Treasurer or Commissioners of the Treasury for the time being shall seeme fitting and that upon the selling of any the Talleys or Orders soe to be applyed or any part of the same the Buyer shall not be obliged to take the Oath lately established concerning the Præmium thereof Any other Act to the contrary notwithstanding

Editorial Information

X1 applied, in King's Printer's Copy.