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Proviso as to vessels belonging to subjects prior to 1st May 1787.
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III. Provided always, That nothing herein contained shall extend, or be construed to extend to prohibit such foreign built ships or vessels only, as before the first day of May, one thousand seven hundred and eighty seven, did truly and without fraud wholly belong to any of the people of Great Britain, or Ireland, Guernsey, Jersey, the Isle of Man, or of any of the aforesaid colonies, plantations, islands, or territories, as the proprietors and right owners thereof, and which shall be navigated according to law, and shall also be registered in the manner herein directed, from continuing to enjoy the privileges and advantages they have hitherto enjoyed, or from importing or exporting such goods or commodities as may now be legally imported or exported by such ships or vessels into, and from such ports and places as are now by law allowed, and under such rules, regulations, and restrictions, as have heretofore been made, touching such foreign built ships or vessels.
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