# East India Company Act 1697, Section XXXVII: The said additional Duties appropriated towards making good the said yearly Fund.;


Officers of the Exchequer not issuing, or misapplying the Money, Dismission, Incapacity, and Penalty.
And be it further enacted That all the Sums of Money arising by the said several Duties upon Salt RockSalt Velum Parchment and Paper as aforesaid which shall be from time to time brought into the Receipt of Exchequer or so much thereof as shall be sufficient to make upp and compleat the said Yearly Fund of One hundred and sixty thousand Pounds or the proportionable part thereof to be payable in respect of the Moneys which shal be actually advanced in pursuance of this Act shall be appropriated set apart and applied and the same are hereby appropriated for and toward the raising and making good of the said Yearly Fund or such proportionable part of the same & shall be issued & paid out of the said Receipt of Exchequer by the respective Officers of the same without any Fee or Charge and without any further or other Warrant to be sued for had or obtained from His Majesty His Heirs or Successors in that behalf and shall be applied to and for the Uses and Purposes in and by this Act expressed and intended and to no other Use Intent or Purpose whatsoever and that the respective Officers in the Exchequer who shall make any Delay in issuing or paying the said Money to the said Uses by this Act intended or shall be guilty of diverting or misapplying any of the said Moneys to any other Use or or Purpose contrary to this Act for any such Offence shall be forejudged from their respective Offices and Places and be rendred uncapable to serve His Majesty His Heires and Successors as aforesaid and also shall be liable to pay double the Value of any Sum or Sums so delayed to be paid or so diverted or misapplied as aforesaid to any Corporation or other Person or Persons that shall be grieved thereby and who shall sue for the same to be recovered as aforesaid.

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Source: https://www.legislation.gov.uk/aep/Will3/9/44/section/XXXVII (the official version)
Page: https://openlegislation.uk/east-india-company-act-1697/section-XXXVII
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.