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Taxation (No. 6) Act 1690

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XIII.Clause of Credit for £ 1,000,000 upon the Two Thirds.

And bee it further enacted by the authoritie aforesaid That it shall and may be lawfull to and for any person and persons Natives or Foreigners Bodies Politicke or Corporate to advance and lend to their Majesties into the Receipt of the Exchequer upon the Credit of two third parts the whole in three equall parts to be divided of the Moneys to be brought in to the Receipt pursuant to the directions of this Act as aforesaid any Summe or Summes of Money not exceeding the Su[m]me of ten hundred thousand pounds in the whole and to have and recieve for the Forbearance thereof Interest not exceeding the rate of seven pounds by the hundred for one yeare

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