Taxation (No. 4) Act 1696

XXVII. Clause of Loan for 1,400,000;

Receivers may accept New Milled Money or Hammered Money or Plate of the Fineness and at the Rate herein mentioned.

And be it further enacted by the Authority aforesaid That it shall and may be lawfull to and for any p[er]son or persons Natives or Forreigners to contribute for and towards the advancing the Su[m]m of Fourteen hundred thousand Pounds to Receivers who are to pay or answer the same into the Exchequer for the Uses in this Act mentioned by paying att or before the Foure and twentieth Day of June One thousand six hundred ninety seven to any Receiver or Receivers to be appointed by the Co[m]missioners of the Treasury or any Three of them or the High Treasurer for the time being (who shall take Security to the King according to their best Discretions from such Receivers for the due Performance of their respective Trusts) the Su[m]m of Ten Pounds or diverse entire Su[m]ms of Ten Pounds upon this Act as hee she or they shall think fitt and for every such Su[m]m of Ten Pounds so advanced hee she or they shall have or be interested in One Lott or Share pursuant to this Act And that the said Receivers shall accept and take New mill'd Money or Ha[m]mered Silver Money or such Plate as is of the Finenesse of Eleven Ounces and Two Penny Weight Troy or such Plate as hath the Marks of Goldsmiths Hall thereupon denoting that Standard and every or any of them att the Rate of Six Shillings the Ounce Troy for the said Contributions.