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Abatement on account of Diminution of Income how to be allowed.
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CXLVII. And be it further enacted; That if within or at the End of the Year current at the Time of making any Assessment under this Act, or at the End of any Year when such Assessment ought to have, been made, any Person charged to any of the Duties contained in Schedule (D.) whether be shall have computed his Profits or Gains arising as last aforesaid on the Amount thereof in the preceding or current Year, or on an Average of Years, shall find, and shall prove to the Satisfaction of the Commissioner for general Purposes, by whom the Assessment was made, that his or her Profits and Gains, during such Year for which the Computation was made fell short of the Sum so computed in respect of the same Source of Profit on which the Computation was made, it shall be lawful for the Commissioners, or the major Part of them, on Proof before them, to cause the Assessment made for such current Year to be amended in respect of such Source of Profit, as the Case shall require; and in Case the Sum affected shall have been paid, to certify, under their Hands and Seals, to the Governor and Company of the Bank of England, or the Receiver General to whom the same shall have been paid, the Amount of the Sum overpaid upon such first Assessment; and on Production of such Certificate, it shall be lawful for the said Governor and Company to direct their Cashier or Cashiers, and for the said Receiver General to repay such Sum as shall have been so overpaid, out of any publick Monies in the Hands of such Cashier or Cashiers, or of such Receiver General, who respectively shall, if necessary, replace the same out of the first Monies that shall come to their Hands respectively of the Duties granted by this Act, for which Payments the Certificate of the said respective Commissioners shall be a sufficient Authority.
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