Bank of England Act 1696

LVIII. No Assignment of Order or Talley to be good, unless made in Writing, and signed by the Party making the same; or under the common Seal of a Corporation, &c.; and if of Money payable at the Exchequer, then to be entered in the Exchequer in 10 Days after signing, and Oath made thereon; and an Affidavit that no further Allowance taken.

If Assignment of Money payable by Talley of Pro at the Excise or General Post Office, &c. then to be entered in the Excise or Post Office, &c; and on the like Affidavit.

And for the more effectual obviating and preventing of the aforesaid evil Practice and the mischievious Consequences thereof Be it further enacted by the Authority aforesaid That no Assignement or Transference which from and after the said Tenth Day of June One thousand six hundred ninety seven shall be made of any of the said Orders or Talleys or of any of the Moneys contained or specified therein upon the selling buying or bargaining of the same shall be good and available either in Law or Equity or be in any wise effectual for the assigning or transferring the Right or Property of any such Order or Talley or any the Moneys thereby due or payable unlesse such Assignement or Transferrence be made in Writing and be signed by the Party or Parties making the same or be under the co[m]mon Seale of a Corporation or Body Politick or be signed by some Person or Persons by the Authority or Direction of such Party or Parties Corporation or Body Politick and be within Ten Days after the signing thereof entred or registred and that Oath be thereupon made in the Manner and Forme following that is to say in case such Assignment or Transferrence be of Money payable by any Order att the Receipt of the Exchequer then the said Assignment shall be registred by an Entry or Notification thereof in the Books kept or to be kept by the Auditor of the Receipt of his Majesties Excheq[uer] or the Clerk of the Pells there for that purpose and the Person or Persons to whom such Assignement of or upon any such Order shall be made or the Treasurer for any Corporation or Body Politick who are to have the Benefitt of such Assignment or some other credible Person or Persons imployed to make the Bargaine or Contract for which such Assignement shall be made and being privy thereunto shall within the said Ten Days make Affidavits before the said Auditor or [X1 the] Clerk of the Pells in the said Receipt of Excheq[uer] (who have hereby power to administer the same) that no Allowance Premium Gratuity or Consideration whatsoever exceeding the lawfull Interest and the said Allowance not exceeding the Rate of Six pounds per Cents as aforesaid directly or indirectly or by any Way Device Shift Exchange Wager Chevisance or otherwise howsoever was taken accepted gained gotten or agreed to be taken accepted gained or gotten for or in respect of such Assignement and in case such Assignement or Transferrence be of Money payable by any Talley of Pro or Assignement att the Excise Office or att the General Post Office or in any other publick Office then such Assignment or Transferrence shall be registred by an Entry or Notification thereof in the Books to be kept for that purpose by the Co[m]missioners of Excise the Post-Master or Post-Masters General or other Chief Officers in any of the said publick Offices for the time being respectively and the Person or Persons to whom such Assignement of or upon any such Talley of Pro or Assignement shall be made or the Treasurer for any Corporation or Bodie Politick or some other credible [X1 p[er]son or] Persons imployed to make the Bargaine or Contract for which such Assignment shall be made and being privy thereunto as aforesaid shall within the said Ten Days make the like Affidavitt as aforesaid before one or more of the said Co[m]missioners of Excise and Post Masters General or other Chief Officers in such publick Office for the time being or such Persons as shall be deputed by them respectively for this purpose who have hereby power to administer the same.

Editorial Information

X1 interlined on the Roll.