Taxation (No. 5) Act 1660

IV. Persons who have advanced Money on Credit of c. 20. ante, continuing the Loan and declaring the same under their Hand, and other Persons advancing Money;; to receive Payment out of the last £110,000 of the said Assessment, with Interest at £10 per Cent. per Ann

And whereas there is a present necessity of raising of eighty thousand pounds, Be it enacted by the authoritie aforesaid that if any person or persons of the Citty of London or any other place who hath or have advanced any moneyes upon the credit of an Act of this Parliament entituled An Act for raiseing seavenscore thousand pounds for the compleate disbanding of the whole Army and paying off some part of the Navy shall continue the Loane of such Moneyes upon the Credit of this Act, and declare the same under his or their hands unto the Treasurers by this Act appointed before the one and thirtyeth day of December one thousand six hundred and sixty, and if any other person or persons shall advance One hundred pounds or upwards upon the credit of this Act and before the tenth day of January One thousand six hundred and sixty pay the same unto the said Treasurers then every such person & persons soe continuing or advancing as aforesaid shall not onely doe a very acceptable Service but shall alsoe receive from the said Treasurers out of the last one hundred and ten thousand pounds which shall be received upon the second payment appointed by this Act his and their principall money with interest at the rate of ten pounds per Cent. per Annum from the time of such declaration and advancement respectively Any Law Act or Statute to the contrary notwithstanding, and the said Treasurers are hereby required to make payment accordingly, and not to receive any more money to be advanced as aforesaid then what with the money soe to be continued will amount to eighty thousand pounds.