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and by whom payable.
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14. And . . . the duty which shall from time to time be payable on any legacy or residue or part of residue so given to or so to be enjoyed by different persons in succession, upon whom the duty shall be chargeable at one and the same rate, shall be deducted and paid by the person or persons having or taking the burthen of the execution of the will or testamentary instrument under which the title thereto shall arise, upon payment or other satisfaction or discharge of every or any part of such legacy or residue or part of residue to any trustee or trustees, or other person or persons to whom the same shall be payable or paid, in trust or for the benefit of the persons so entitled thereto in succession; and if the same shall not be so paid or satisfied to any such trustee or trustees, then such duty shall be deducted and paid out of the capital of the property so given, upon receipt by any of the persons so entitled in succession of any produce of such capital or any part thereof, according to the amount of the capital of which such produce shall be so received; and where the duty chargeable upon any such bequest for the benefit of or to be enjoyed by different persons in succession shall be chargeable at different rates, so that the same cannot be paid at one and the same time, but must be paid in succession as aforesaid, then and in such case all and every the person and persons having or taking the burthen of the execution of the will or testamentary instrument in which such bequest shall be contained shall be chargeable with such duties in succession, in the same manner as such persons would be chargeable with the like duties in case of immediate bequests unless the property bequeathed shall have been paid or otherwise satisfied to or vested in any trustees or trustee as aforesaid; in which case such trustees or trustee, or his, her, or their representatives, shall be chargeable with the duties then payable for or in respect of such property so vested in him, her, or them respectively, in such and the same manner as if he, she, or they had taken the burthen of the execution of the will or testamentary instrument by which such bequest shall have been made; and in like manner, where any partial interest shall be given or shall arise out of any such property so to be enjoyed in succession, and such partial interest shall be satisfied or paid by the person or persons so enjoying such property, such person or persons shall be chargeable with the duties then payable for and in respect of such partial interest, and shall retain and pay the same accordingly, in such and the same manner as if he, she, or they had taken the burthen of the execution of the will or testamentary instrument by which such partial interest shall have been created; and in all such cases the person or persons so chargeable with duty shall be debtors to the King’s Majesty, his heirs and successors, in like manner, and shall be subject to the like penalties, as the person or persons having or taking the burthen of such will or testamentary instrument shall from time to time be chargeable and subject to.
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