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Taxation Act 1698

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II.Goods imported to be entered, and Security given by Importer for Duties as soon as sold, and for selling the same within Twelve Months.

And for the better raiseing levying and secureing the said Duties after the Rate of Fifteene Pounds in the Hundred It is hereby further enacted That upon the Importation of any [X1such ] Goods as aforesaid lyable thereunto and Entry or Entries thereof shall be made in the Custome-house where such Goods shall be imported and before the landing thereof the Importer or Importers of the same shall give Security by Bond with Two or more sufficient Sureties (which the Commissioners or proper Officers of the Customes are hereby required or impowered to take) for Payment of the said Duties after the Rate of Fifteene Pounds in the Hundred upon the said Goods as soone as the same shall be sold and for exposing the Goods soe imported to sale openly and fairly by way of Auction or by Inch of Candle within the City of London within the Time of Twelve Months after the Importation thereof

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X1interlined on the Roll.

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