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Poll Tax Act 1697

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XXXVII.C. 13. ante. Persons may lend Money to His Majesty not exceeding £500,000, at Rates of Interest herein mentioned.

And whereas by an Act of this present Session of Parliament several Duties upon Coals and Culm are granted to His Majesty Be it further enacted That it shal and may be lawful to and for any Person or Persons Natives or Foreigners Bodies Politick or Corporate to advance and lend unto His Majestie at the said Receipt of His Majesties Exchequer upon the Securities of the Moneys which from and after the Twenty fourth Day of June One thousand six hundred ninety eight shall arise of or for the said Duties upon Coals and Culm any Sum or Sums of Money not exceeding the Sum of Five hundred thousand Pounds and to have and receive for the Forbearance thereof Interest after the Rate of Seven Pounds per Centum per Annum for the First Hundred thousand Pounds and Eight Pounds per Centum per Ann for the remaining Four hundred thousand Pounds And moreover that no Money which shall be so lent or advanced as aforesaid shal be rated or assessed by virtue of any Act of Parliament whatsoever.

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