Page:A Collection of Charters and Statutes relating to the East India Company.pdf/42

From Wikisource
Jump to navigation Jump to search
This page has been proofread, but needs to be validated.
1034
50 Georgii III. Cap. xviii.

of the Reign of His present Majesty annexed, shall, be, respectively paid and allowed in like Manner in every Respect, and subject to and under and according to the like Rules, Regulations, Restrictions, Penalties, and Forfeitures, (except where, any Alteration is made by this Act), as the said Drawbacks and Bounties were respectively paid or allowed before the passing of this Act.

II. If, by Notice in the London Gazette at the Times herin-mentioned, the Average Prices of Brown or Muscovado Sugar shall not have exceeded 70s. per Cwt the drawbacks shall be allowed, &c. And be it further enacted, That if on the Fifth Day of May on the Fifth Day of September, One thousand eight hundred and ten, or on. the Fifth Day of January One thousand hundred and eleven, respectively, or any or either of the said Days, it shall appear by Notice in the London Gazette in Manner directed by an Act made in the Thirty-second Year of the Reign of His present Majesty, intituled, "An Act for regulating the Allowance of the Drawback and payment of the Bounty on the Exportation of Sugar, and for permitting the Importation of Sugar and Coffee into the Bahama and Bermuda Islands in Foreign Ships," that The Average Prices of Brown or Muscovado Sugar, taken in Manner directed by the said recited Act for the preceding Quarter of the Year, shall not have exceeded Seventy Shillings for an Hundred Weight, exclusive of the Duties of Customs paid or payable thereon on the Importation into Great Britan, then and in every such Case the Drawback or Bounty in the Schedules to the said recited Acts, passed in the Forty-ninth and Forty-fifth Years of His present Majesty aforesaid respectively annexed, mentioned as Corresponding to or with the Price of which such Notice in the London Gazette shall have been given as aforesaid, shall be paid or allowed until Notice of any other Average shall be given in the London Gazette, and such Drawback or Bounty shall be paid or allowed in like Manner in, every Respect, and subject and under and according to the like Rules and Reguiations, Restrictions, Penalties, and Forfeitures, as any Drawbacks or Bounties were paid or allowed before the passing of the said first recited Act, (except as any such Rules or Regalations are altered by the said recited Acts of the Forty-ninth and Forty-fifth Years aforesaid), and the Whole of the Duty granted by an Act passed in the Forty-first Year of the Reign of His present Majesty; intituled, "An Act for granting to His Majesty certain Duties of Customs on "Timber, Sugar, Raisins, and Pepper, imported into, and on Lead exported from Great Britain," upon Sugar imported into Great Britain by the United Company of Merchants of England trading to the East Indies and warehoused according to Law and sold at the Sales of the said Company after the Thirtieth Day of June One thousand eight hundred and one, shall upon the Delivery thereof out of Warehouse for Exportation during the Time of any Drawbacks or Bounties being paid or allowed under this Act, in respect of British Plantation Sugar, be wholly drawn back under such Rules, Regulations; Restrictions, Penalties, and Forfeitures, as any former Drawbacks are paid and allowed; any Thing in any Act passed in the Thirty-ninth Year of the Reign of His present Majesty contained to the contrary notwithstanding.



III. And wheras by an Act passed in the Forty-sixth-Year of the Reign of His present Majesty, intituled, 46 G. 3 c.42. "An Act for granting to His Majesty, during the present War and for Six Months after the expiration thereof by the Ratification of a definitive Treaty of Peace, additional Duties on certain Goods, Wares, and Merchandize, imported into and exported from or brought or carried Coastwise within Great Britain," the Lord High Treasurer or the Lords Commissioners of His Majesty's Treasury, or any Three, or more of them, are authorized to suspend the Payment of the additional Duties of Customs on Sugar granted by the said recited Act, either in the Whole, or in Part, whenever the Average Price of Sugar ascertained as directed by Law shall be below the Prices mentioned in the said Act: And whereas it is expedient that during the Period of such Suspension the Countervailing Duties on Refined Sugar imported from Ireland into Great Britan, and the equivalent Drawback or Bounty on the Exportation to Ireland of Refined Sugar of the Manufacture Of Great Britain, and also the additional Bounty on the Exportation of Refined Sugar from Great Britain other than to Ireland, imposed and allowed by the said last recited Act, should in like Manner be suspended; be it therefore further enacted,When the Treasury suspend the Payment of the Duty on Sugar imposed by recited Act they may also suspend the Countervailing Duties, &c. That whenever the Lord High Treasurer or the Lords Commissioners of His Majesty's Treasury Time being, shall exercise the Power vested in them, and shall according to the Directions said Act suspend the Payment of the Whole or Part-of the Duties on Sugar thereby imposed. It shall be lawful for them and they are herby authorized and required, in like Manner and for the like Period, to suspend either the Whole of the additional Countervailing Duties of Customs on Refined Sugar of the Manufacture of Ireland, imported from thence into Great Britain, and of the additional Drawback or Bounty on the Exportation to Ireland of Refined Sugar of the Manufacture oi Great Britain, and of the additional Bounty on the Exportation of Refined Sugar from Great Britain, other than to Ireland, imposed and allowed by the said last recited Act, or such Part thereof respectively as shall bear a just Proportion to the Amount of Duty so suspended.

Continuance of recited act 43 G. 3. c. 11.IV. And be it further enacted. That the said recited Act of the Forty-third Year of His present Majesty, and all the Powers, Provisions, Authorities, Regulations, Clauses, Matters, andThings