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value may be required.

No. 10-1866-67. harbour, or his known agent, shall be bound to state to the principal officer of Customs at Kowie harbour, who shall be entitled to demand and receive the dues or rates payable thereon, Declaration as to the value thereof; and if it shall appear to the said officer that the same are not valued according to the actual value thereof, then the said officer may require the person who shall have landed or shipped, or be about to land or ship, any goods, articles, matters, or things, to make and subscribe a declaration, which declaration shall be, in substance, in the form in the second Schedule to this Act set forth: and the value stated in such declaration Bond to be taken shall be the value upon which dues shall be paid: Provided that if wharfage not paid it shall be lawful for such officer, as often as it shall be made to appear to him that the value of any goods, articles, matters, or things, landed in Kowie harbour cannot be declared at or immediately after the time of such landing, to permit the same to be taken away without the payment of wharfage; but in every such ease such officer shall take a bond or obligation for the payment of such wharfage at or before such time as shall in that behalf be specified in such bond or obligation.

forthwith.

Penalty for false declaration.

Sums collected under this Act to be

ment Company.

3. Any person who shall wilfully and corruptly make and subscribe any such declaration as aforesaid, knowing the same to be untrue in any material particular, shall be deemed to be guilty of the crime of contravening this section of this Act, and shall, upon conviction thereof, be liable to such punishment as shall be by law provided for the crime of perjury.

4. The principal officer of Customs as aforesaid shall paid over to Kowie periodically, and at such periods as shall be agreed upon between Harbour Improve-him and the directors of the Kowie Harbour Improvement Company, pay over to the said directors all sums received by him under this Act, and shall allow the said directors access at all reasonable times to all such accounts, books, and papers as may be required for checking or auditing the accounts of such sums: of Provided, also, that it shall be lawful for the said directors to employ, and pay out of the sums receivable under this Act, a wharf or other clerk, who shall be under the superintendence and control of the said officer of Customs.

Employment clerk authorised.

SCHEDULE No. 1.

Upon all wool shipped or landed at the Kowie Harbour there shall be payable and be paid sixpence for and upon every one hundred pounds of the weight thereof.

Upon all goods, articles, matters, or things, except wool, shipped or landed at the said harbour, dues shall be payable and be paid at and after the rate of ten shillings for every one hundred pounds of the value thereof.

EXEMPTIONS.

1. All public stores, naval and military baggage, and personal

baggage of passengers.

2. Ships' stores outwards.

3. All goods shipped upon which dues had been paid on importation under this Act.

4. All goods shipped to or landed from any place within the Colony. (1)

SCHEDULE No. 2.

I, A. B., do hereby declare that I am cognisant of the value of the following articles about to be shipped by me (or by C. D., according to the fact) on board the in Kowie harbour, namely (here describe the articles, with marks and numbers, if any), and I do further declare that the said articles are of the value of

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(** When the articles are landed or about to be landed, the above form will be altered according to the facts.)

No. 11--1866-'67.

No. 11-1866-'67.]

ACT

[January 12, 1867.

For Raising Two Hundred Thousand Pounds by Debentures, for paying off Unsecured Debt, and other purposes. (2)

WHEREAS, from accidental circumstances, the revenue of the Preamble. Colony fell considerably short of the authorised expenditure during the years 1865 and 1866: And whereas it became necessary for the Government to obtain temporary loans from the Guardian's Fund, as well as from certain persons and co-partnerships, as will be more fully shown in the annexed Schedules; and it is expedient that the sum of two hundred thousand pounds should be raised by debentures, as hereinafter mentioned: Be it enacted by the Governor of the Cape of Good Hope, with the advice and consent of the Legislative Council and House of Assembly thereof, as follows:

Loan of £200,000

rised.

1. It shall and may be lawful for the Governor to raise and take up upon debentures such sum or sums of money as from time on debentures autho to time shall seem to him fit and necessary for the exigencies of the public service, not exceeding in the whole the sum of two hundred thousand pounds; and the Governor shall, out of the first

1 And all bullion and coin landed, Acts 26, of 1864, and 11 of 1874.
3 See Acts 19, 1867; 22, 1868.

No. 11-1866-’€7.

loans to be paid

moneys to be so taken up or raised, cause to be paid the sum of Previous temporary one hundred and ninety-seven thousand seven hundred and seven out of proceeds off pounds, portion of the sum of two hundred and forty-eight thousand pounds appearing in the second Schedule hereunto annexed, already obtained by him on loan as aforesaid.

out of

Mode of issuing debentures.

2. Such debentures shall be issued for sums not exceeding five hundred pounds, nor less than one hundred pounds each, and shall bear date the 15th of April, 1867, and shall be signed by the Colonial Secretary for the time being, by command of the Governor and countersigned by the Treasurer-General and Auditor-General Rate of interest. of the Colony, and shall bear interest at the rate of six pounds per cent. per annum until the 15th of October, 1900.

Debentures when 3. Such debentures shall be payable at par, at the office of the and where payable. Crown Agents for the Colonies, London, on the 15th October, 1900, and after that date shall cease to bear interest.

venue.

Interest payable 4. The Governor shall from time to time, out of the current out of current re- revenue of the Colony, pay the interest upon the said debentures Power to buy up and may also out of such current revenue from time to time buy up and cancel such debentures.

and cancel debentures.

Interest when and where payable.

Transfer of debentures.

Disposal of debentures.

Principal and interest to form charge on public revenue.

Accounts to be submitted to Parliament.

5. Interest shall be payable on the said debentures at the office of the Crown Agents for the Colonies aforesaid on the 15th October, next succeeding the issue thereof, and thereafter on the 15th of April and the 15th of October in each year, until the 15th of October, 1900, or until such debentures respectively shall be redeemed and cancelled as aforesaid.

6. All such debentures shall be transferable by delivery without indorsement, and payment of principal or interest due upon any such debenture to any person presenting the same shall be a good discharge for such principal or interest, respectively, to the Government, who shall not be bound to make any inquiry as to the title of such person to the debenture so presented.

7. All such debentures shall be put up for public tender in London, and may be disposed of for the best terms, not being less than par, which can be thus obtained. If more tenders than one, offering the same terms, shall be received for a greater amount of such debentures than the amount for the time being about to be issued, it shall be lawful to accept any one or more of such tenders, or any part of any such tenders, as circumstances may make expedient.

8. The capital sum and interest of the said debentures, payable as herein before is provided, shall be charged and chargeable on and payable out of the general revenue of this Colony.

9. An account showing the amount of all such debentures issued under the authority of this Act, and the money's realized thereby and the expenditure thereof, or of so much as shall have been expended, vouched by the Auditor-General of the Colony, shali be laid before both Houses of Parliament within fourteen days after

the commencement of the next session which shall have been held No 11-1866-67. after the notice of the issue of such debentures.

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Exclusive of Tulbagh Kloof Railway Expenditure, £49,083 7s. 5d., defrayed out of the Loans of £248,000, but not yet authorised,

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An Act for Raising Fifty Thousand Pounds by Debentures or Treasury Bills for the Public Service of the Year 1867.

[Spent.]

No. 13-1866-'67.]

[January 12, 1867.

An Act for Applying a Sum not exceeding Two Hundred and Eleven Thousand and Seventy-four Pounds Nine Shillings and Eight Pence for the Service of the Year 1867.

[Spent.]

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