Taxation Act 1701

IV. Persons having Malt in their Custody on the said 9th March 1701, to enter the same on or before the 10th April 1702.

Penalty £50, and Forfeiture of Malt; Duty to be paid or secured within Six Days after Entry; £8 per Cent. allowed for prompt Payment.

And be it further enacted by the Authority aforesaid That all and every the said Malsters or Makers of Malt for Sale Sellers or Retailers of Malt Brewers Distillers Innkeepers Victuallers and Vinegar Makers and all and every other Person and Persons whatsoever who in Trust for them or any of them or for the Use of them or any of them shall be possessed of or have in his her or their Custody or Possession or in his her or their Houses Out Houses Barnes Granaries or in any other Place or Places whatsoever upon the said Ninth Day of March One thousand seven hundred and one any Parcell or Quantity of Malt whatsoever shall on or before the Tenth Day of April One thousand seven hundred and two make a true and particular Entry thereof at the Office of Excise within the Limits of which they shall then respectively inhabit upon Pain to forfeit the Sum of Fifty Pounds and the Malt for which no such Entry shall have been made and within Six Days after he she or they shall have made or ought to have made such Entries as aforesaid shall pay down the Duties hereby due or payable for such Malt to the proper Officer or Officers for receiving the same or within the said Six Days shall give Security to the said respective Officers for paying the said Duties to His Majesties Use within Six Months then next ensuing And in case the said Duties shall be paid down within the said Six Days then there shall be allowed out of the said Duty for such prompt Payment a Discount or Allowance after the Rate of Eight Pounds per Centum per Annum for the said Time of Six Months