The Statutum de Nova Custuma, also known as Carta Mercatoria, was a law enacted in England in 1303. It granted specific privileges to select foreign merchants, who were required to pay taxes. In exchange, these merchants were granted the freedom to trade unrestrictedly across England, export their goods, reside in any desired location, and enjoy certain legal rights.
The Statutum de Nova Custuma, also known as Carta Mercatoria, was an English statute enacted in 1303. This statute granted certain privileges to foreign merchants who paid customs duties. These privileges included the ability to freely trade throughout England, the power to export their merchandise, the freedom to reside wherever they pleased, and specific legal rights. For instance, a French merchant who paid customs duties could sell their goods in London and other English cities without any restrictions. They also had the liberty to choose their place of residence and were granted legal protections to safeguard their business interests. This example demonstrates how the Statutum de Nova Custuma provided foreign merchants with increased freedom and security to conduct business in England. By paying customs duties, they were granted extensive trading rights and legal safeguards, which greatly contributed to their success in the English market.
Statutum De Nova Custuma is a legal statute that was enacted in medieval England to regulate the collection of customs duties on imported goods.
The purpose of Statutum De Nova Custuma was to establish a standardized system for the collection and administration of customs duties, ensuring fair and consistent practices across different ports and regions.
The responsibility for enforcing Statutum De Nova Custuma lies with the customs officials appointed by the Crown, who are tasked with collecting the customs duties and ensuring compliance with the statute.
Non-compliance with Statutum De Nova Custuma can result in penalties such as fines, confiscation of goods, and even imprisonment, depending on the severity of the offense.
Yes, individuals or merchants who believe that the customs duties imposed under Statutum De Nova Custuma are unjust or incorrect can challenge them through legal proceedings, presenting evidence to support their case.
Yes, Statutum De Nova Custuma provides for certain exemptions and exceptions to the customs duties, such as goods intended for personal use, diplomatic goods, or goods in transit.
Yes, the rates of customs duties under Statutum De Nova Custuma can be changed through subsequent legislation or royal decrees, depending on the economic and political circumstances of the time.
Disputes regarding customs duties under Statutum De Nova Custuma were typically resolved through legal proceedings in the courts, where evidence and arguments were presented to determine the validity and amount of the duties.
Yes, Statutum De Nova Custuma played a significant role in regulating trade and commerce in medieval England by ensuring the collection of customs duties, which contributed to the Crown’s revenue and helped maintain economic stability.
No, Statutum De Nova Custuma is an outdated statute that was specific to medieval England and is no longer in effect. It has been replaced by modern customs laws and regulations.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
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