The Short Title of this Act shall be “The Gold Duties Act, 1872.”

In this Act the term “the said Act” means “The Gold Duties Act, 1870.”

On and after the first day of January, one thousand eight hundred and seventy-three, in lieu of the duties authorized by the third section of the said Act to be levied and collected, there shall be levied collected and paid to Her Majesty, her heirs and successors, the following duty upon gold (that is to say)—

At the Customs, previous to exportation from New Zealand, upon every ounce troy weight of gold, of the fineness of twenty carats and upwards, and so in proportion for any less quantity than an ounce, of such fineness as aforesaid—two shillings; and so in proportion upon every ounce or part of an ounce of gold of a less degree of fineness than twenty carats.

The provisions contained in the sections of the said Act numbered from four to twelve, both inclusive, shall be deemed to be incorporated in this Act, and read as part hereof.