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East India Company Act 1697
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XXXV.Collectors detaining Money, Dismission, to pay Interest at £12 per Cent. and liable to Treble Damages.;
Misapplying any Part of Money, Dismission, Incapacity, and Penalty.
And be it further enacted That if any Collector or Receiver of any the Duties by this Act granted upon Salt or Rock Salt or of any the further Duties granted by the Act before mentioned for or upon Velum Parchment and Paper shall detain all or any Part of the Moneys by him collected or received contrary to his Duty then he or they [X1for such Offence] shall be dismissed from his Imployment and be charged with Interest for the same after the Rate of Twelve Pounds per Centum per Annum and be liable to answer. Treble Damages to all and every Person and Persons Bodies. Politick and Corporate that shall be grieved by such Detention and if any Collector or Receiver of any the said Duties upon Salt Rock Salt Velum Parchment and Paper shall divert or misapply all or any Part of the Moneys by him collected or received contrary to the true Meaning of this Act then he or they for every or any such Offence shall be dismissed from his Imployment and rendred incapable to serve His Majesty His Heires and Successors as aforesaid and shall moreover forfeit Double the Sum or Sums so by him or them diverted or misapplied to any Person or Persons Body Politick or Corporate who shall be intituled to any Annuity or Payment out of the Fund by this Act settled and will sue for the same as aforesaid.
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