164 C. 2« Anno tertio & quarto Ann js Reginse. A. D. 1704, Books to be in- their Executors, Admjniftrators, and Afligns, from Time to Time, and at all feafonable Times, to have ^efted without refort, and to infpedl the fame without Fee or Reward. aiTa • • ^^' ■'^"'^ ^^ '^^ further enafted by the Authority aforefaid. That all and every the Annuities whatfoever, &c to"be"MM' which fhall be any Way purchafed upon, or in purfuante of, this prefent A3:, fhall be and are hereby out of the week- charged upon, and fnall be paid and piyable out of, the Overplus of the Monies arifmg from Time to iJyPa.yn)ents,&c. Time by the weekly Payments of Excife Money afore-mentioned (that is to fay) the Money which fhall remain, from Time to Time, over and above fo much as fhall be fufficient to pay and fatisfy the Monies, which fhall from Time to Time be incurred and grown due, as well for and upon the faid annual Sums, after the Rate of three Pounds per Centum per Annum, as for and upon all the faid Annuities for Lives or Years, purchafed upon the laid A<Sl of the fecon-d Year of your Majefty's Reign -, and fo much of the Overplus to Bif- faid overplus Monies, as are and (hall be fufficient to fatisfy and difchargeall the Annuities to be purchafed ■charge the An- ypQp t^jg Aft, according to the Purport and true Meaning of the fame, are and fhall be appropriated and plied^tono oXer apP^i^d to a-"d for the fatisfying and difcharging of the fame accordingly, and ftiall be ilTued, difpofed, or Ufe. applied to that Ufe, and to no other Ufe, Intent, or Purpofe whatfoever. Contributors VII. And be it further enaiSted by the Authority aforefaid. That all and every Contributor and Con- paying tlie Pur- tributors upon this Act, duly paying the Confideration or Purchafe-money after the refpeftive Rates afore- aiafe-money, ^•gjj^ ^^ ^j. befoj-g the refpedtive Days and Times in this Ail limited in that Behalf, for any Annuity or Annuities' fo Annuities whatfoever, allowed to be purchafed by this K8t, according to the true Meaning of the fame jurchafed, A£l, or fuch as he, fhe, or they fhall appoint, his, her, or their reipeiSlive Executors, Adminiflrators, ■and Affigns, Ihall have, receive, and enjoy, and be intitled, by Virtue of this Afl:, to have, receive, and ■enjoy the refpecSive Annuity and Annuities fo to be purchafed, out of the Overplus Monies arifmg and to arife, as aforefaid, from the refpediive Times on which fuch Annuities are refpedtively to commence, for and during fuch refpeftive Term of Years, or remaining Term of Years, as are above-mentioned; and have fore and that ail and every iuch Purchafers, their Executors, Adminiftrators, and Affigns refpeftively, fhall Eftates therein, Jjave good and fure Eftates and Interefts in the feveral Annuities fo by them to be purchafed, according to the Nature of their refpeftive Purchafes, and the Tenor and true Meaning of this Acl ; and that all An- free from Taxes 5 nuities to be purchafed on this AcSt for any Term, Eflate, or Interefl: whatfoever, fhall be Free from all Taxes, Charges, and Impofitions whatfoever. and hafe Tallies VIII. And be it further enafted by the Authority aforefaid, That every Contributor upon any Part of
- jr the fame, tjijg ^^ fQj. a,ny of the Annuities aforefaid, his, her, or their Executors, Adminiftrators or Affigns, upon
Payment of the Confideration or Purchafe-money far the fame, at the refpeftive Rate in this Afl: before appointed, or any Part or Proportion thereof, within the Time or Times by this Act limited in that Behalf, fhall immediately have one or more Talley or Talleys levied, importing the Receipt of fo much Confideration-money as fhall be fo paid, for or in Part of the faid refpeftive Sums to be raifed, as afore- faid, and according to the Nature of his, her, or their Payments refpeftively ; and upon Payment of all the Purchafe-money for any fuch Annuity or Annuities, as aforefaid, at the Rate by this Kdc appointed, every fuch Contributor refpeftively, his or her refpeiStive Executors, Adminiftrators, or Affigns, fhall ■andOrders for have an Order for Payment of fuch Annuity and Annuities, for and during fuch refpedtive Term, Eftate, Payment. or Interefl, as he, fhe, or they fhall or ought to have therein, as aforefaid ; which Order fhall be figned by the Treafurer and under Treafurer of the Exchequer, or any three or more of the Commiffioners of the Treafury for the Time being ; and, after the figning thereof, the fame fliall be firm., good, vajid, and ■effeftual in the Law, according to the Purport and true Meaning thereof, and of this Aft, and fhall not be determinable by or upon the Deaths or Removal of any Trea:furer or Under Treafurer of the Exche- •quer, or any Commiffioner or Commiffioners of the Treafury, or by or upon the Determination of the ^0 Lord Trea- power. Office or Offices of them or any of them ; nor fliall any Lord High Treafurer.of England, Trea- 'Joke'the fame'^' "^'■'^'^ '^'^ '^^ Exchequer, or any Commiffioners of the Treafury, now, or for the Time being, have Power ■to revoke, countermand, or make void fuch Orders, fo figned as aforefaid, or any of them. IX. And for die Encouragement of the Contributors to advance and pay forthwith, into the Receipt ■of Exchequer, the Sums by them intended to be advanced upon any of the Terms aforefaid, it is pro- vided and enafled by the Authority aforefaid. That every fuch Contributor, who being to pay his or her Purchafe-money, or any Part thereof, on or before the faid laft Day oi March one thoufand feven hun- 5 !. per Cent for Jred and five, fhall pay the fame, or any Part thereof, fooner than the faid laft Day oi March ^ fhallbe prompt Pay- p^^jj q^. ^^ ^^ Contribution-money arifing by this Aft, after the R.ate' of five Pounds per Centum per '™'°" Annum, for prompt Payment of the Money fo advanced, from the Time of aftual paying the fame, until the faid laft Day of March one thoufand feven hundred and five ; and every Contributor on this Aft, who being -to pay his or her Purchafe-money, or any Part thereof, on or before the faid firft Day oi May one thouTand feven hundred and five, fhall pay the fame, or any Part thereof, fooner than the faid firft Day ■of May, fliall be paid out of the faid Contribution-money the like Rate of five Pounds per Centum per Annum, for fuch prompt Payment of the A/Ioney fo advanced from the Time of aftual paying the fame, until the faid firft Day of May one thoufand feven hundred and five. 'Contributors, X. And be it further enafted. That it fhall and may be lawful to and for any Contributor, Ms or her ■&c. mayafiign Executofs, AdmJniftrators, or Affigns, at any Time or Times, having any prefent or future Term, t.rdevi^ Annul- gfj-ate, or Intereft, or any prefent Eftate to take Effeft i?zyater(7, of and in any Annuity to-be purchafed uquotre", """^ upon this A£t, er of or in any Part of fuch Annuity, by any V/riting under Hand and Seal, or by his or her laft Vv^'ill in Writing, to affign or devife fuch Annuity and Annuities, or any Part thereof, or any Intereft therein, to any Perfon or Perfons whatfoever, and fo toties quoties, and no fuch Affignment to be -revocable fo as an Entry or Memorandum of .fuch Affignment or Will be m.ade in Books to be kept for that i'ujpofe-iii the faid Office of the Auditor of the Receijit, within the S_pace of two Mouths after fuch i~ i'^ment^
