Income Tax Act 1805

In case of Appeal, Occupier the wing Lease proving his annual Rent, Commissioners may reduce the Rate.

LXVIII. Provided always, and be it enacted, That if on such Appeal the Occupier of any such Premises under any Demise at Rack Rent, shall produce and shew to the said Commissioners the Lease, Tack, or Agreement, if in Writing, or shall prove by any lawful Evidence to be produced on the Part of such Occupier, in case there shall be no such Lease or Agreement in Writing, the annual Amount of the Rent at which such, it shall be lawful for the said Commissioners in case such Demise hath been made within the Period of Seven Years mentioned in the said general Rule, and they shall be satisfied that such Lease or Agreement doth express the full Consideration for the Demise, or that the Rent bon[html] fide paid for the same hath been duly shewn to them, in Evidence, and that such Demise is made wholly on Consideration of such referred Rent, without any Intention to conceal or diminish the annual Value of such Premises, or other fraudulent Intention whatever, to abate and deduct from such Assessment so much as in their Judgement will reduce the Rate to a just Rate on such Rent.