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Persons entitled to Dividends to return Statements, etc. to Commissioners.
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LXXVIII. And be it further enacted, That every Person and Body Politick and Corporate, Company, or Society of Persons, who shall be entitled unto any Shares of such Annuities, (except Annuities belonging to the Bank, East India, and South Sea Companies, herein directed to be charged by the Governors and Directors of the said Companies respectively, and also except the Annuities payable to the Proprietors at the Exchequer, hereby directed to be charged by the Commissioners for Pensions), shall by force of such general Notices as are herein-after mentioned, and without any particular Notice for that Purpose, within the Time limited in such general Notices, in order to their being assessed before the respective Commissioners in their Districts, (except where a Declaration shall be delivered in order to their answering the full Amount of Duty, and paying the same into the Bank of England, under the Regulations herein prescribed for the Conduct of Commissioners for special Purposes to be appointed under this Act), deliver or cause to be delivered to them or to their Clerk, at such Place or Office as shall be appointed for that Purpose, the like Lists, Declarations, and Statements, as Persons are herein-after required to deliver in respect of their Profession or Trade; in which Lists, Declarations; and Statements respectively, they shall separately and distinctly specify the Amount and Description of the capital Stock from which such Profits arise, and the Amount of such Profits, either for the Period of One Year or One Half Year, as the Parties shall declare themselves willing to be assessed, and the Description of the Person or Persons in whose Name or Names the same are vested, and to whom the same belong, and of any other Person or Corporation, Company or Society, for whom such Person shall act in any of the Characters herein-after described; and it shall be lawful for the Commissioners, to whom such Statements shall be delivered, if they shall be satisfied therewith, unless the Party shall declare in such Statement his or her Intention to pay the Duty into the Bank of England, to make an Assessment on the Profits contained in such Statement, to be levied at the Rate before mentioned, as and when the Dividends thereon become due on the Amount of the Dividends then payable Half Yearly, so long as such Stock shall remain unaltered, according to the Provisions of this Act; and it shall be competent to such Commissioners, in their respective Districts, to allow such Exemptions from or Abatements of the said Duty, as are herein-after authorized to be allowed on the Account of Income or Maintenance of lawful Children.
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