Taxation Act 1696

II. Duties paid by Importer in ready Money or at Three Months.

Discount £10 per Cent. for ready Money. Goods landed before Entry made and Duty paid, or Warrant had, forfeited.

And be it further enacted by the Authority aforesaid That the Duties hereby sett on all the said Forreigne and imported Co[m]modities before mentioned shall be from time to time satisfied and paid by the Importer or Importers of the same in Ready Money upon his or their Entry or Entries made and before the Landing thereof or else the said Importer shall give Security for Payment of the said Duty within Three Months time after the said Entry [X1 thereof] as aforesaid And in Case of Payment in Ready Money that there be allowed a Discount after the Rate of Ten Pounds per Centum per Annum for the said Three Months And that in Case any such Foreigne & imported Co[m]modities of the kinds before mentioned shall be landed or putt on Shore out of any Shipp or Vessell from beyond the Seas before due Entry be made thereof in the Custome House in the Port or Place where the same shall be imported and the Duties hereby imposed shall be fully satisfied and paid or without any Warrant for the landing and delivering of such imported Co[m]modities of the kinds aforesaid first signed by the Co[m]missioners Collectors or other proper Officer or Officers of His Majesties Customs respectively that all such imported Co[m]modities of the kinds aforesaid as shall be so landed or putt on Shore or taken out of any Shipp or Vessell contrary to the true Intent and Meaning hereof or X2 Value of the same shall be forfeited and lost and shall and may be recovered of the Importer or Proprietor thereof (to witt) one Moiety of the same to the Use of His Majesty His Heires or Successors the other Moiety to the Use of him or them that will seize the said Co[m]modities or sue for the same or the Value thereof by Action of Debt or of the Case Bill Suit or Information wherein no Essoigne Protection Wager of Law or more than one Imparlance shall be granted or allowed.

Editorial Information

X1 interlined on the Roll.

X2 Variant reading of the text noted in The Statutes of the Realm as follows: the O. [O. refers to a collection in the library of Trinity College, Cambridge]