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Taxation (Liquor) Act 1689
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III.Persons may lend £250,000 at £8 per Cent.
And for the X1 enabling their Majesties to borrow the said Summe for the Purposes aforesaid for which the said severall Rates Impositions Duties and Charges are intended to be a Security Bee it enacted by the authoritie aforesaid That it shall and may be lawfull to and for any Person or persons Natives or Forreigners Bodies Politick or Corporate to advance and lend to their Majesties into the Receipt of the Exchequer upon the Credit of this Act any Summe or Summes of money not exceeding the Summe of two hundred and fifty thousand pounds in the whole and to have and receive for the forbearance of all such moneys as shall be lent before the tenth day of June one thousand six hundred and ninety Interest not exceeding the Rate of eight pounds per Centum per Annum And for what shall be lent after the said tenth day of June Interest not exceeding seven pounds per Centum per Annum
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X1Variant reading of the text noted in The Statutes of the Realm as follows: the O. [O. refers to a collection in the library of Trinity College, Cambridge]
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