Taxation, etc. (No. 2) Act 1695

1. Introductory Text

2. Recital of 5 & 6 W. & M. c. 7. §I.

3. II. Commissioners of Excise to keep the said Duties apart, and pay the same weekly into the Exchequer.

4. III. Book for Entry of such Monies kept in the Exchequer.

5. IV. Commissioners refusing, &c. to pay in or diverting Monies;

6. V. The said weekly Sums a Fund.

7. VI. Salaries and Incidents paid out of Duties.

8. VII. Comptroller of Excise to keep Account of Duties.

9. VIII. £179,480 out of the said Duties to be the whole yearly Fund for Payments hereafter mentioned.

10. IX. The said Sum to be kept apart in the Exchequer.

11. X. The King, by Commission under the Great Seal, may appoint Persons to take Subscriptions for raising £2,564,000 as herein mentioned.

12. XI. Treasury to direct their Warrant yearly for the Payment of the said yearly Sum of £179,480, and Exchequer to issue the same without Fee.

13. XII. The King, by Letters Patent, may incorporate Subscribers by the Name of the Governor and Company of the National Land Bank;

14. XIII. Proviso if the said £2,564,000 not subscribed before 1 Jan. 1696.

15. XIV. After Incorporation the said yearly Sum of £179,480, or a Proportionable Part therefore, to be paid to the said Bank and their Successors.

16. XV. Stock and Interest Personal Estate.

17. XVI. If the said £2,564,000 not subscribed before Ist Aug. 1696, Power for creating Corporation to cease, and the said yearly Sum of £179,480 transferrable by Subscribers, as herein mentioned.

18. XVII. Subscriber to pay One Fourth at Time of Subscription, and forfeited on Nonpayment of Residue.

19. XVIII. Persons interested as herein mentioned, not to have Interest or Office in Corporation.

20. XIX. Company, or any Members purchasing Lands or Revenues of the Crown on advancing Money to the Crown on the Revenues, otherwise than as herein mentioned.

21. XX. Corporation not to deal or suffer Dealings with the Stock.

22. XXI. Proviso for Sale of Goods, being the Produce of Land purchased by Corporation.

23. XXII. Fines and Issues against Corporation not pardoned by Privy Seal, &c.

24. XXIII. The said yearly Sum not a Fund for Payment of further Bills of Credit or other Monies, save as herein mentioned.

25. XXIV. Upon One Year's Notice and Repayment of the said £2,564,000, and Arrear of the said yearly Sum, Corporation, &c. to cease, as herein mentioned.

26. XXV. Redemption of the said Fund, or Default of Corporation, or Judgment against the same, not construed a Forfeiture of Estate of Corporation.

27. XXVI. Recital of 5 W. & M. c. 20. &insact 1.

28. XXVII. The several Sums of £560,000, £140,000, and £140,000 out of the Monies of this Act appropriated for certain Payments herein mentioned.

29. XXVIII. 1 W. & M. Sess. 2. c. 1. in force for the due Application of Monies hereby appropriated.

30. XXIX. Company to lend £500,000 per Ann. on sufficient Land Securities, at Interest.

31. XXX. Conveyance of such Lands, or a Note thereof, to be registered by Corporation.

32. XXXI. Bills of Credit by Company on taking Conveyance of Land, to be a Charge on Lands, &c. of the said Corporation, and render them liable to Action of Debt.

33. XXXII. In case the Company cannot deliver such Bills of Credit to Owner repaying Money lent, Proceedings.

34. XXXIII. Proviso where Company charge such Lands with greater Sums of Money than they have lent thereon.

35. XXXIV. Bearer of Company's Bills may have Action of Debt.

36. XXXV. Forging Common Seal or Bills of Company or Bank of England, Death.

37. XXXVI. If Interest of Money lent by Company run in Arrear for Two Years together, and Principal Money not paid within Three Years after Demand, as herein mentioned, Estate of Debtor may be sold on Notice.

38. XXXVII. Member of House of Commons may be a Member, &c.

39. XXXVIII. How Infant may become a Contributor.

40. XXXIX. It is to be inserted in the Letters Patent that no Person shall execute Office in Corporation without taking the Oaths of 1 W. & M. c. 8. and the following Oath.

41. XL. The Company may transcribe Dockets of Extents, &c. kept in Courts of Record.

42. XLI. Members as such not liable to the Bankrupt Laws.

43. XLII. Recital of 5W. &M. c. 7. § I.

44. XLIII. Bushell of Salt 56lb. Weight.

45. XLIV. Salt brought from Scotland by Land, and all imported Salt landed, &c. before Entry and Duty paid, forfeited.

46. XLV. Officer to provide Scales, Weights, &c. at Salt Works;

47. XLVI. Permit delivered gratis to Carriers of Salt. And whereas the...

48. XLVII. How Duties on Fish of 5 W. & M. c. 20. to be paid.

49. XLVIII. Salt to be sold at 56lb. to the Bushel.

50. XLIX. Duties on Glass, &c. under 6 & 7 W. &...

51. L. Duties on Goods imported paid by Importer, and Entry made before Landing.

52. LI. Duties on Goods imported under Management of Customs.

53. LII. Duties on Goods manufactured under Commissioners for Duties on Glass and Earthen Wares.

54. LIII. Regulations for adjusting the Value of Goods charged with ad valorem Duty.

55. LIV. Notice of usual Place of Baking, &c. to be given to Officer;

56. LV. On charging Pots, &c. and before uncovering, &c. Maker to...

57. LVI. Duties to be paid on Entry, or Bonded.

58. LVII. Officer to have free Ingress, &c. to Workhouses by Night or by Day, and by Day into Warehouses, &c.

59. LVIII. Burning new and old Pipes together; Penalty.

60. LIX. Building, &c. Kiln, &c. without Notice, or burning new and old, Pipes together, or not making due Entries, or removing before Entry made, or permit, or not giving Notice of drawing Potts, or concealing Commodities;

61. LX. No Fee, &c. for permit.

62. LXI. No Duty on broken Goods, &c.

63. LXII. Upon Oath on Exportation of Commodities,

64. LXIII. Proviso for certain Bricks and Tiles.

65. LXIV. Commissioners, &c. of Duties upon Glass to keep Account of Duty;

66. LXV. In what Manner Duties forming yearly Fund of £179, 480, appropriated.

67. LXVI. The first Buyers of Tobacco Pipes to pay Duty to Makers over and above Prices.

68. LXVII. His Majesty or the Exchequer may borrow upon Interest as...

69. LXVIII. Money lent registered.

70. LXIX. Lenders of Money upon Credit of Bills, to have Bills payable at Demand, with Interest.

71. LXX. Auditor of Exchequer to prepare indented Bills at Credit, to...

72. LXXI. Auditor to keep Account of Bills prepared and delivered as aforesaid, and Tellers to keep an Account of Bills received, and of Monies received and paid, to which Accounts Access may be had without Fee.

73. LXXII. Proviso where Persons possessed of Bills of Credit desire (on Failure of Cash to answer them) to exchange the same for a perpetual Yearly Rent.

74. LXXIII. Proviso where Principal Monies and all Arrears of such Yearly Sums are paid.

75. LXXIV. Recital that it is the Intention of Parliament that the Subscribers of the Sum of £2,564,000 shall be entitled to the said yearly Fund of £179,480.

76. LXXV. Commissioners for taking Subscriptions may take Subscriptions of Lands, Rents, &c.

77. LXXVI. In Mortgages of Lands conveyed to Company, Proviso for Redemption.

78. LXXVII. Exchequer may pay Persons having obtained Judgment against Corporation, and suing out Execution thereon, and may detain Proportion of yearly Sum of £179,480.

79. LXXVIII. Company may redeem the said Fund from Tallies, &c. as herein mentioned.

80. LXXIX. Regulation as to Corporation lending Money; Penalty £500; Proviso for...

81. LXXX. How the said Sum of £140,000 appropriated to make good the Tunnage Duty is to be distributed.

82. LXXXI. Proviso where Monies arising by Subscriptions or Duties deficient for Payments to Company and for Annuities.

83. LXXXII. £1,816,972 appropriated as herein mentioned, over and above £700,000 appropriated by c. 5. ante.

84. LXXXIII. 1 W. & M. Sess. 2. c. 1. to be in force for regulating the Distribution of Sums appropriated by this Act.

85. LXXXIV. Persons bringing Plate, &c. to be coined pursuant to c. 19. ante, not entitled to Reward of 6d. per Ounce but upon making Oath as herein mentioned.

86. LXXXV. Lord Mayor, &c. of London to ascertain and publish Prices of Salt within the Bills of Mortality.

87. LXXXVI. Provided always and be it enacted by the Authority aforesaid...