100 A BILL, INTITULED, AN ACT to render the Assignment of satisfied 5 10 WHEREAS the assignment of satisfied Terms has been Preamble. found to be attended with great difficulty, delay and expense, and to operate in many cases to the prejudice of the persons justly entitled to the Lands to which they relate; BE it therefore Enacted, by The QUEEN's most Excellent MAJESTY, by and with the Advice and Consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the Authority of the same, THAT every satisfied Term of Years which, either by express declaration or by construction of law, shall, upon the Thirtyfirst day of December One thousand eight hundred and Forty-five, be attendant upon the inheritance or reversion of any Lands, shall on that day absolutely cease and determine as to the Land upon the inheritance or reversion whereof such Term shall be attendant as aforesaid, except that every such Term of Years which shall be so attendant as aforesaid by express declaration, although hereby made to cease and determine, shall afford to every person the same protection against every incumbrance, charge, estate, right, action, suit, claim and demand as it would have afforded to him if it had continued to subsist, but had not been assigned or dealt with, after the said 20 Thirty-first day of December One thousand eight hundred and Forty-five, and shall, for the purpose of such protection, be considere d in every court of law and of equity to be a subsisting Term. 15 And be it Enacted, That every Term of Years now subsisting or hereafter to be created, becoming satisfied after the said Thirty-first 1. On 31st De- cember 1845 Terms of ant on Inheritance, &c. of Land to cease, except, &c. to cease on becoming at tendant upon &c. of Lands, Inheritance, 3. Interpretation. 4. Not to extend to Scotland. day of December One thousand eight hundred and Forty-five, and which, either by express declaration or by construction of law, shall, after that day, become attendant upon the inheritance or reversion of any Lands, shall, immediately upon the same becoming so attendant, absolutely cease and determine as to the Land upon the inheritance or reversion whereof such Term shall become attendant as aforesaid. 5 And be it Enacted, That in the construction and for the purposes of this Act, unless there be something in the subject or context repugnant to such construction, the word "Lands" shall extend to 10 all freehold tenements and hereditaments, whether corporeal or incorporeal, or any undivided part or share thereof; and every word importing the singular number only shall extend and be applied to several persons or things as well as one person or thing; and every word importing the masculine gender only shall extend and be 15 applied to a female as well as a male. And be it Enacted, That this Act shall not extend to Scotland. A BILL To repeal the Duties of Excise on Sales by Auction, and to impose a new Duty on the License to be taken out by all Auctioneers in the United Kingdom. [Note.-The Words printed in Italics are proposed to be inserted in the Committee.] 5 HEREAS by an Act passed in the sixth year of the reign Preamble: of his late Majesty King GEORGE the Fourth, intituled, "An 6 Geo. 4, c. 81. Act to repeal several Duties payable on Excise Licenses in Great Britain and Ireland, and to impose other Duties in lieu thereof, and to amend the Laws for granting Excise Licenses," a certain Duty of Excise is imposed for and upon every License to be taken out by every person exercising or carrying on the trade or business of an Auctioneer, or selling any goods or chattels, lands, tenements or hereditaments by Auction, and by a regulation in the said last-recited Act, and by certain 10 other Acts relating to the Duties of Stamps, Auctioneers are required in certain cases to take out separate and distinct Licenses for selling particular goods and chattels by Auction in addition to their Auctioneer's License: And whereas certain Duties of Excise upon the purchase-money 15 arising or payable by virtue of any sale at Auction in Great Britain c. 69. and Ireland are imposed and regulated by several Acts; (that is to say) by an Act passed in the forty-third year of the reign of his late Majesty 43 Geo. 3, King GEORGE the Third, intituled, " An Act to repeal the Duties of Excise payable in Great Britain, and to grant other Duties in lieu 20 thereof;" and by another Act passed in the forty-fifth year of the 45 Geo, 3, reign of his said Majesty King GEORGE the Third, intituled, "An Act for granting to his Majesty several additional Duties of Excise in Great Britain;" and by another Act passed in the fifty-fourth year of the 54 Geo. 3, c. 30. 55 Geo. 3, c. 142. 1. Duties on Sales by Auction repealed. 2. New Duties on Auctioneers' Licenses reign of his said Majesty King GEORGE the Third, intituled, "An Act to grant to his Majesty Duties upon Auctions in Ireland, in lieu of former Duties thereon, and to provide for the regulating and securing the Collection of the said Duties, and to prevent Frauds therein;" and by another Act passed in the fifty-fifth year of the reign of his said Majesty King GEORGE the Third, intituled, "An Act to reduce the Duties on all Sheep Wool, the Growth of the United Kingdom, which shall be sold by Auction for the Growers or first Purchasers ;" and by several other Acts for altering or amending the said recited Acts, or some of them : And whereas it is expedient that the said last-mentioned Duties, and all Duties now imposed upon or for or in respect of Auctioneers or Auctions, and all Acts, clauses, provisions and regulations now in force relating thereto, should cease, save and except as after mentioned; 5 10 15 BE it Enacted, by The QUEEN's most Excellent MAJESTY, by and with the Advice and Consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the Authority of the same, THAT from and after the passing of this Act, the said last-mentioned Duties, and all Duties of Excise now 20 payable in Great Britain or Ireland upon or for or in respect of Auctioneers and Auctions, or sales at Auction, and all and every Act and Acts of Excise, and all clauses, provisions, exemptions, penalties and things in any Act of Excise in force in Great Britain and Ireland respectively, at or immediately before the passing of this Act, relating 25 to Auctions, or to Duties on sales by Auction, or to any Auctioneers, save only such clauses, provisions, penalties, matters and things as are contained in the said recited Act of the sixth year of the reign of his said Majesty King GEORGE the Fourth, and are not repealed or altered by this Act, are hereby repealed, save and except for the 30 purpose of recovering any Duties on Auctions, or any arrears of such Duties, or any fine, penalty or forfeiture relating to Auctions, or for allowing any exemptions from Duties which have been incurred or become due or allowable at any time before the passing of this Act; but that all and every such regulations and provisions, powers and 35 authorities, and all bonds for securing the payment of any such Duties on Auctions, in force at and immediately before the passing of this Act, shall be and remain in full force and effect for the levying and collecting the said last-mentioned Duties, and arrears of duties, fines, penalties and forfeitures, and for allowing the said exemptions. And be it Enacted, That from and after the commencement of this Act there shall be raised, levied, collected and paid to Her Majesty, Her heirs and successors, in lieu of all Duties now imposed on Licenses to 40 |