Beet-root Sugar Act 1884
Beet-root Sugar Act 1884
Beet-root Sugar Act 1884
Public Act |
1884 No 39 |
|
Date of assent |
8 November 1884 |
|
Contents
An Act to encourage the Production of Sugar from Beet-root and Sorghum.
BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—
1 Short Title.
The Short Title of this Act is “The Beet-root Sugar Act, 1884.”
2 Bonus of one halfpenny per pound to be paid for first 1,000 tons of sugar.
The Colonial Treasurer shall, out of the Consolidated Fund, pay to the person producing the same one halfpenny per pound on the first one thousand tons of sugar produced from beet-root or sorghum grown in this colony.
3 Excise duty always to be one halfpenny less than import duty.
No duty by way of excise or otherwise shall be levied for fifteen years from the first day of January, one thousand eight hundred and eighty-five, on any sugar produced in this colony from beet-root or sorghum grown in this colony whilst the present import duty of one halfpenny per pound continues; but, if the import duty is increased, then an excise duty may be levied so long as one halfpenny per pound at least remains as the difference of duty charged on sugar imported and sugar produced in the colony from beet-root or sorghum grown in this colony.
4 If import duty reduced or removed, bonus to be paid in equivalent.
If during fifteen years after the passing of this Act the present import duty on sugar is removed or reduced, a sum shall be paid during such removal or reduction per pound for all sugar produced in this colony from beet-root or sorghum grown in the colony to every person producing the same equal to the duty so removed or reduced, but never exceeding one halfpenny per pound.