XXXConveyances of Property contracted to be sold before April 12, 1808, exempted from ad valorem Duty.
And be it further enacted, That any Conveyances to be made after the Thirty-first Day of August One thousand eight hundred and fifteen of Lands or other Property contracted to be sold prior to the Twelfth Day of April One thousand eight hundred and eight, which, under the Provisions of the said Act of the Forty-eighth Year of His Majesty's Reign, would have been exempted from the ad valorem Duty thereby granted, shall be exempted from the ad valorem Duty imposed by this Act, and shall be charged with the ordinary Duty of One Pound Fifteen Shillings in lieu thereof, together with the progressive Duty of One Pound Five Shillings, if any progressive Duty shall be chargeable thereon under and subject nevertheless to the Conditions and Regulations prescribed by the said last-mentioned Act.