Taxation, etc. Act 1695

XXX. Tallies of Loan, and Orders for Repayment of Course.

Assignable.; Register of Orders of Repayment kept in the Exchequer; without Preference, and paid in Course; No Fee for providing Register, or for Search.; Penalty.

And be it further enacted by the Authority aforesaid That from time to time upon making any such Loans as aforesaid on creditt of the said Duties on Low Wines Spirits and Sweets Tallies of Loan shall be levied for all and every Su[m]m and Su[m]ms of Money so to be lent And that Orders according to the course of the Exchequer shall be drawne and signed for Repayment of the same and for Payment of such Interest as aforesaid for the Forbearance thereof the said Interest to be paid every Three Months until Satisfaction of the Principal Su[m]m And that all and every such Order or Orders and the Moneys therein to be contained or any part thereof shall be assignable and transferrable without Power of Revocation so as the Assignments thereof be endorsed upon the respective Orders and entred or notified in the Office of the Auditor of the Receipt of the Excheq[uer] in a Book to be there kept for that purpose And that a distinct Register shall be kept in the said Receipt of Exchequer of all the said Orders of Repayment not exceeding Seventy thousand Pounds in which the said Orders shall be registred in Course according to the Date of the Tallies respectively without any [other¹] Preference of one before another And that every Person shall be paid in Course as his Order shall stand entred in such Register Book out of the said Duties upon Low Wines Spirits and Sweets by this Act granted which are hereby appropriated thereunto And that no Fee Reward or Gratuity directly or indirectly shall be demanded or taken for providing or making any such Book or Register or for any View or Search in the same by any of His Majesties Officers their Clerks or Deputies on Paine of forfeiting Treble Damages to the Party grieved to be recovered as aforesaid either for demanding or taking any such Fee or Gratuity or for giving any undue Preference in Point of Registry or Payment.