The Corporat of 
Victoria can, under Sec 24 of
                     their Act of Incorporation (
1862), make by-laws for raising
                     funds—An Ord to comprise those by-laws is not
                     required, but this Ord has been passed

 (as I understand)
                     for the purpose of enabling the Corporation to give full
                     effect to the By-Law, by testing the returns, examining
                     Witnesses &c, which the Act of Corporation does not enable
                     them to do. From the wording of sec. 1 I think it quite
                     possible that there has been some irregularity in making
                     the By-law. But we have no means of proving whether the
                     provisions of sec 24 have been fully complied with.
                     It seems a little doubtful whether the 7 paragraph
                     of the By-Law is not in the nature of a Tax upon personal
                     Estate, which is forbidden by that section. But this is
                     a matter for the Colonists. The Act is only for a year,
                     & the A.G. states that a proper Incorporat Bill is to
                     be prepared. Sanction it.