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Additional Inventories in Scotland to be chargeable with additional Duty only.
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VIII. ‘And whereas by an Act passed in the Forty-eighth Year of the Reign of King George the Third, Chapter One hundred and forty-nine, Section Thirty-eight, Persons intromitting with or entering upon the Possession or Management of any Personal or Moveable Estate or Effects in Scotland of any Person dying, are required to exhibit a full and true Inventory, duly stamped, to be recorded as in the said Act is provided, of all the Personal or Moveable Estate and Effects of the Deceased already recovered or known to be existing; and if at any subsequent Period a Discovery shall be made of any other Effects belonging to the Deceased, an additional Inventory of the same is in like Manner to be exhibited and recorded; and every such additional Inventory is chargeable by Law with the full ad valorem Stamp Duty payable in respect of the total Amount or Value of the Estate and Effects specified therein, and in any such former Inventory; and thereupon the Party exhibiting the same is entitled to receive back the Amount of the Stamp Duty paid on such former Inventory; and it is expedient to prevent the Inconvenience attending the Over-payment of the Stamp Duty in such Cases by charging on any such additional Inventory the deficient Stamp Duty only:’
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Every such additional Inventory to be made and recorded as aforesaid shall be chargeable only with such Amount of Stamp Duty as, together with the Stamp Duty charged upon any former duly stamped Inventory of the Estate and Effects of the same deceased Person already exhibited and recorded, shall make up the full Amount of Stamp Duty chargeable by Law in respect of the total Amount or Value of all the Estate and Effects of the said deceased specified in the said additional and any such former Inventory.
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