# Taxation (No. 3) Act 1692, Section VII: Five Pounds per Cent. upon East India Stock.


And be it further enacted by the authority aforesaid That the several Rates and Sums of money herein after mentioned shall be answered and paid to their Majesties that is to say There shall be answered to their Majesties the sum of Five pounds for every Hundred pounds of the Joint Stock of the East India Company the said Joint Stock being valued att the rate of Seven hundred forty foure thousand pounds the same to be paid by the Governour and Treasurer of the said East India Company by Foure equal quarterly payments the first payment to be made upon the Five and twentieth day of May One thousand six hundred ninety and three and to be deducted from the several persons interessed in the said Joint Stock according to their several shares and proportions therein upon their next Dividends.

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Source: https://www.legislation.gov.uk/aep/WillandMar/4/15/section/VII (the official version)
Page: https://openlegislation.uk/taxation-no-3-act-1692/section-VII
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.