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Penalty on not giving notice of succession, &c.
Penalty for neglect to pay duty.
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46. If any person required to give any such notice or deliver such account as aforesaid shall wilfully neglect to do so at the prescribed period, he shall be liable to pay to her Majesty a sum equal to ten pounds per centum upon the amount of duty payable by him, or, in the case of a succession chargeable with a higher rate of duty than one pound per centum upon the value thereof, upon such less sum as such duty, if assessable at the rate of one pound per centum upon the value of the succession, would amount to, and a like penalty for every month after the first month during which such neglect shall continue; and if any person liable under this Act to pay any duty shall, after such duty shall have been finally ascertained, wilfully neglect to do so within twenty-one days, he shall also be liable to pay to her Majesty a sum equal to ten pounds per centum upon the amount of duty so unpaid, or upon such less sum as such duty, if assessable at the rate of one pound per centum on the value of the succession, would amount to, and a like penalty for every month after the first month during which such neglect shall continue.
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