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Duties to be paid in Advance, subject to Discount.
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CLIX. And be it further enacted, That it shall be lawful for any Person or Persons, at any Time or Times during the Continuance of this Act, to pay or cause to be paid in Advance to the Governor and Company of the Bank of England, or to their Cashier or Cashiers, or to the Receiver General, or Deputy of any Receiver General appointed under this Act, any Sum or Sums of Money charged as last aforesaid, and to require a Certificate or Certificates acknowledging such Payment; and it shall be lawful for the Cashier or Cashiers of the said Bank of England, and for such Receiver or Deputy Receiver as aforesaid, on Production of the Notice or Certificate of such Assessment, at the Time of Payment of the said Duty in Advance (the Sum so paid not in any Case to be less than the Sum which appears by such Certificate to be payable by Two Instalments to make an Allowance at the Rate of Five Pounds per Centum per Annum, out of the Sum or Sums so paid in Advance, calculated upon such Sum or Sums for the Period or Periods by which each respective Sum shall be paid sooner than the Period prescribed by this Act for Payment thereof; and in every such Case the said Cashier or Cashiers, or Receiver or Deputy Receiver as aforesaid, shall give the Person paying the same a Certificate of such Payment, specifying therein the Number of Instalments thereby discharged, and the Amount of the Allowance for such prompt Payment, and referring thereby to the Notice or Certificate of Assessment then produced, and the Name, Number, or Letter therein mentioned; and all such Allowances shall be made by the said Cashier or Cashiers, out of the Duties to be paid in at the Bank of England, at the Time of passing the same; and all Certificates made out by the Cashier or Cashiers of the Governor, and Company of the Bank of England as aforesaid, or by any Receiver or Deputy to any Receiver General appointed as herein mentioned, being delivered at the respective Offices of such Commissioners, shall be received by them as Cash in discharge of the Assessments; and shall be allowed to them in their Accounts.
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