Taxation (No. 3) Act 1696

XXXIII. Surplus of Duty on Leather, after Payment of Charges of collecting, to be applied as herein mentioned.

6&7 W. III. c.18; The said Duties after Payment of Charges to be paid Weekly into the Exchequer, and applied as herein mentioned; Penalty.

And it is hereby further enacted That all the Moneys which over & above the necessary Charges of collecting & managing the said Duties upon Leather hereby granted shall arise of or for the said Duties upon Leather shall be appropriated & the same are hereby appropriated to & for the Payment and Satisfaction of so much as yett remaines unpaid of the Su[m]m of Five hundred sixty foure thousand seven hundred Pounds which was lent upon the Security of an Act made in the Parliament holden att Westminster in the Sixth and Seventh Yeares of His Majesties Reigne intituled An Act for granting to His Majesty certaine Duties upon Glasse Wares Stone and Earthen Bottles Coals and Culme for carrying on the Warr against France & the Interest thereof due & to grow due And that all the Moneys so from time to time ariseing (except the necessary Charges aforesaid) shall be weekly to witt on Wednesday in every Week if it be not an Holiday & if it be then on the next Day after that is not an Holiday brought & paid into the Receipt of His Majesties Excheq[uire] for the Payment of the Principal and Interest Moneys of the said Loans & shall be there issued & applied in Satisfaction of the said principal Moneys in course & of the said Interest Moneys in the like Order & Forme as if the same had been Moneys ariseing by the said Duties upon Coals and other Things formerly chargeable therewith as aforesaid & shall not be diverted or divertible to any other Use or Purpose or be misapplied under paine that any Officer who shall be guilty thereof shall for such Offence forfeit his Office & to the Party grieved double the Su[m]m so diverted or misapplied to be recovered as aforesaid.