Taxation, etc. (No. 2) Act 1695

LXVIII. Money lent registered.

Tally of Loan to Lender; Monies lent paid according to Date of Tally; Officer or Deputy making undue Preference, &c; Penalty; Orders and Money assignable.

And be it further enacted by the Authority aforesaid That in all Cases where any Su[m]m or Su[m]ms of Money shall be lent upon the Creditt of Repayment by Order in Course as aforesaid the Su[m]m or Su[m]ms or Money so lent shall be entred or registred in a distinct Book to be kept for that purpose in the said Receipt according to the time of lending the same And the Lender or Lenders thereof shall im[m]ediately have a Talley of Loan, struck for the said Moneys so lent and an Order bearing the same Date with the Talley for Repayment of the Su[m]m or Su[m]ms so lent to him her or them his her or their Executors Administrators and Assignes with the said Interest att the Rate of Seven Pounds per [X1 Cent. ] per Annum And that the principal Moneys so to be lent shall be paid and payable in Course according to the Dates of the said Tallies And the said Interest shall be satisfied every Three Months until satisfaction of the Principal out of the Moneys ariseing by the said Duties on Salt Glasse Stone and Earthen Wares and other Duties by this Act granted which shall not be diverted or divertible to any other Use Intent or Purpose whatsoever so long as any principal Su[m]m so to be borrowed or the Interest thereof shall remaine unsatisfied And that the respective Officers in the Receipt of Excheq[uer] and their respective Deputies or Clerks for making any undue preferrence either in point of Registry or Payment or for taking any Fee Reward or Gratuity or for not directing recording or making Payments according to each Persons [X2 due] Place and Order as is before directed [X3 &] appointed for and concerning the Moneys so to be lent upon Creditt of Repayment by Orders in Course and the Interest thereof as aforesaid shall incurr and forfeit such or the like Penalties and Disabilities as in and by an Act of this present Session of Parliament intituled An Act for granting to His Majesty and Aid of Foure Shillings in the Pound for one Yeare for carrying on the Warr against France are to be inflicted upon the like Officers Clerks and Deputies or any of them for giving any undue Preference or for taking any Fee Reward or Gratuity or for not directing recording or making the Payments in due Course and Order in Referrence to the Loans on that Act or the Interest thereof And that the Orders so to be payable in Course and the Moneys payable thereby or any part thereof shall be assignable and transferable from one Person to another and so over by Endorsments upon such Orders to be first entred in a Book for that Purpose to be kept in the Office of the said Auditor of the Receipt.

Editorial Information

X1 Variant reading of the text noted in The Statutes of the Realm as follows: Centum O. [O. refers to a collection in the library of Trinity College, Cambridge]

X2 interlined on the Roll.

X3 Variant reading of the text noted in The Statutes of the Realm as follows: or O. [O. refers to a collection in the library of Trinity College, Cambridge]