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Bank of England Act 1696

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LXIV.Bills to bear 5d. a Day per Cent. Interest till paid into the Exchequer.

And to the end that all Persons may be the more willing and ready to accept and receive the said Bills in all Manner of Paym[en]ts. be it enacted by the Authority aforesaid That there shall be annexed unto attend and go along with the said Bills an Interest after the Rate of Five pence a Day for every One hundred Pounds contained therein and so proportionably for a greater or lesser Su[m]m which said Interest shall be payed or allowed to the Person who is last possest thereof to the Day hee pays the same into the Excheq[uer] or to any Receivers or Collectors for any Aids Taxes Revenues or Supplies whatsoever.

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