Finance Act, 1896

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Part VI.

Land Tax.

Remission of land tax in excess of one shilling in the pound.

42 Geo. 3. c. 116.

31.—(1) The amount assessed in any year in any land tax parish on account of the unredeemed quota of land tax charged against that parish shall not after the passing of this Act exceed the amount which would be produced by a rate of one shilling in the pound on the annual value of the land in the parish subject to land tax, and any excess above the said amount shall be remitted for that year.

(2) Sections one hundred and eighty and one hundred and eighty-one of the Land Tax Redemption Act, 1802, shall be construed as if the rate of one shilling in the pound on the annual value of the land were substituted for the rate of four shillings therein mentioned.