Taxation (No. 6) Act 1696

XIII. Recital of 6&7 W.&M. c. 7. § 7.

Owners of Ships, &c. to deliver to Commissioners an Account of their Shares, &c.; and if transferred or assigned, and how entitled, &c.

And whereas by the said before in part recited Act itt is provided that the Co[m]missioners for Transportation should within Three Months after the passing of the said Act make out authentick Debentures for each Su[m]m of Money due to or for every respective Shipp as the same was adjusted by the Co[m]missioners for taking and stating the publick Accounts of the Kingdome and that such Debenture when made out be delivered either to the Owner of or to the Agent appearing for every such respective Shipp and shall be made payable to such Person or his Assigns as such respective Owner or his Agent shall nominate for the Use of the Owners of the respective Shipps Now for the better adjusting and setting forth of what Share Part and Proportion of the Money by this and the said in part recited Act any Person is or may be intituled unto & that the respective Agents may be the better informed for making their Payments and for preventing of Frauds in that behalfe Be it enacted by the Authority aforesaid That on or before the First Day of August One thousand six hundred ninety seven the several Owners of the said Shipps or such person or Persons to whom their several Shares Parts or Interests in the same shall before that time come or be transferred shall deliver in to the Co[m]missioners for Transportation an Account of what Share Part or Interest in each Shipp hee or they under whom they claime are att the Time of such Account possessed of and if such Share Part or Interest shall att that time be transferred assigned or vested in any other Person than the first Proprietor then the Person or Persons claiming the same shall give an Account to the said Co[m]missioners how and by what Ways and Means hee or they become intituled to the same and so from time to time upon the Death of any Person intituled to any Part Share or Interest of the Money intended to be raised by this or the said in part recited Act or upon assignement or transferring of such Part Share or Interest the Person who shall be intituled to such Part, Share or Interest upon such Death Assignment or Transferrence shall give an Account of the same to the said Co[m]missioners as above directed.