Taxation (No. 3) Act 1694

LXXXIV. Receiver General of Customs and other Officers herein mentioned to account on Oath in the Exchequer for Bank Bills, &c.

Tellers of the Exchequer, and their Deputies, also to account on Oath; Paymasters, &c. to account in like manner; and all such Officers to pay what on such Account shall be found due from them; Penalty £500

And to the end that all persons that shall have the receipte or payment of his Majesties revenue may render an account of the interest that shall arise by the bills or notes co[m]monly called Banke Bills while they shall remaine in theire hands and of all other profitt made by them of any of his Majesties money Be it enacted by the authority aforesaid That from and after the Twentieth day of February One thousand six hundred ninety and four the Receiver Generall of the Customes and his Deputyes the Casheire of the Excise and his Deputy Receivers Generall of all aids granted or to be granted to his Majestie shall account upon oath before the Barons of his Majesties Courte of Exchequer for all interest that shall arise by virtue of Banke Bills they shall take in payment for any customes ands or other dutyes belonging to his Majestie or of Banke-Bills by them taken for any moneyes X1 paid into the Banke of England which moneyes they received for any such customes aids or dutyes as aforesaid from the time they received the same Bank-Bills untill payment made of such moneys into the receipte of his Majesties Exchequer; and that the Tellers of his Majesties Exchequer and theire Deputyes shall in like manner account upon oath for all interest that shall arise by virtue of the Banke Bills they shall take in payment upon his Majesties account dureing the time they shall remaine in theire hands And the Pay-master of the Army and his Cashiers the Agents to Regiments Treasurer of the Navy and his Cashiers the Cashiers to the Victuallers and Cashiers to the Ordnance in like manner shall account upon oath for all interest that shall arise by virtue of the Banke Bills they shall take in payment upon his Majesties account or which they shall take upon payment into the Banke of any moneyes by them received for his Majesties service from the time they received the same untill payment be made by them of the moneys for which such Banke Bills are given to the severall persons to whose use the said money was issued by the Lords of his Majesties Treasury or theire acceptance of such Banke Bille in satisfacc[i]on of the money due to them And that the said severall persons before menc[i]oned shall pay into the Exchequer for his Majesties use all such interest or other profitt as shall be found upon such theire accounts to have beene received, every such account to be made att the time they make and give in theire accounts touching the receipts of his Majesties money; and if any of the said persons before menc[i]oned shall neglect to account as aforesaid or to pay into the Exchequer the moneys found due upon such theire account they shall forfeite Five hundred pounds:-

Editorial Information

X1 Variant reading of the text noted in The Statutes of the Realm as follows: by them O. [O. refers to a collection in the library of Trinity College, Cambridge]