Taxation Act 1696

XX. 8 & 9 W. III. c. 2 § 1.

Master and Worker of the Mint to receive hammered Silver Money at the Rate of 5s. 4d. per Ounce, and to weigh and compute the same.; Duty of Officers at the Mint.; Receipt to Persons bringing Silver.; Charges of Recoining, &c. how defrayed.; New Money delivered at the aforesaid Rate.

And to the end all the hammered Silver Money clipped or unclipped as pursuant to the said Act of Parliament for further remedying the ill state of the Coin of the Kingdome may or might be brought by any Person att any time after the Fourth Day of November One thousand six hundred ninety six and before the First Day of July One thousand six hundred ninety seven unto any of His Majesties Mints to be there received att the Rate of Five Shillings and Foure Pence per Ounce may be regularly received and entred and be recoined and that the Partie or Parties bringing the same may duly receive and be satisfied after the Rate of Five Shillings and Foure Pence in lawfull English Moneys for every Ounce so brought in Be it enacted by the Authority aforesaid That the Master and Worker of His Majesties Mints now being or that hereafter shall be or his sufficient Deputy or Deputies in this behalfe appointed or to be appointed (for whom hee will be answerable) shall duely receive the said hammered Silver Moneys so brought att the said Rate of Five Shillings and Foure Pence an Ounce taking Care in receiving the same to separate and cutt in Pieces all Base or Counterfeit Moneys and to returne such Pieces to the Bringers thereof and shall weigh such Silver hammered Moneys and exactly compute the same att the Rate last mentioned And the p[ro]per Officers or Clerks in the said several Mints to whom it appertains shall cause Entries thereof to be made in their Day-Books according to the Ordinary Course which of late Yeares hath been used in His Majesties Mint in the Tower of London for entring Silver in Course taking Care in such Entries to specifie the Names of the Person or Persons bringing such hammered Money the Day or Time of bringing the same the Weight or Quantity brought and the Amount thereof att the Rate aforesaid And the said Master and Worker his Deputy or Deputies shall give to the Party or Parties bringing such Silver a Receipt in Writing specifying all the Particulars last mentioned And that the proper Officers of the respective Mints shall new coin such hammered Moneys into the the lawfull Coins of this Realme And the said Master and Worker his Deputy or Deputies by or with the new Moneys proceeding therefrom with the helpe of such [X1 new] Moneys as shall be raised and imprested to him by virtue of this Act shall not onely defray the necessary Charges of Receiving melting downe refining and recoining the said hammered Monies so brought att Five Shillings and Foure Pence an Ounce and the Wast incident thereunto but shall also pay back to all and every Person and persons bringing in such hammered Money so much in new or milled Money as the said Rate or Allowance of Five Shillings and Foure Pence an Ounce for his her or their hammered Money shall amount to in such due Course and Order as are herein after mentioned.

Editorial Information

X1 O. omits.