{
  "url": "https://openlegislation.uk/brokers-act-1696/section-V",
  "json_url": "https://openlegislation.uk/brokers-act-1696/section-V.json",
  "legislation": "aep/Will3/8-9/32",
  "legislation_title": "Brokers Act 1696",
  "legislation_url": "https://openlegislation.uk/brokers-act-1696",
  "path": "section/V",
  "kind": "section",
  "number": "V",
  "heading": "Person acting as a Broker, if not admitted according to this Act,",
  "text": "Penalty £500.; Persons knowingly employing them,; Penalty £50; Person not being a sworn Broker, acting in discounting Tallies, Exchequer Bills.,; &c,; Penalty £500, and Pillory.\nAnd be it further enacted by the Authority aforesaid That if any Person or Persons whatsoever shall directly or indirectly use or exercise the said Office Trade Mystery Occupation or Employment of a Broker or act or deal as a Broker from and after the said First Day of May One thousand six hundred ninety seven not being admitted sworne and approved of according to the true Intent and Meaning of this Act such Person & Persons for every such Offence shall forfeit the Su[m]m of Five hundred pounds over and above all other Forfeitures that hee or they shall any ways incurr by virtue of this Act and that if any Person or Persons from and after the First Day of May One thousand six hundred ninety seven shall knowingly make use of or employ any Person or Persons to act or deal for him or them as a Broker or Stock-Jobber not being admitted sworne or approved of as aforesaid such Person or Persons so offending shall forfeit the Su[m]m of Fifty pounds and that if any Person or Persons from and after the said First Day of May One thousand six hundred ninety seven not being a sworne Broker according to the true Intent and Meaning of this Act shall negotiate act and deal as a Broker in the discounting of Talleys Exchequer Bills or Bank Bills or Notes or in Stock-jobbing or selling of Bank Stock or any other Interest or Securities upon any Fund or Funds granted by Parliament such Person or Persons so offending shall forfeit the Su[m]m of Five hundred pounds and likewise being legally convicted thereof shall for such Offence stand in the Pillory in some publick Place or Places within the said City of London Three several Days for the Space of One Houre in the Morning of each of the said Three Days.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/aep/Will3/8-9/32/section/V",
    "retrieved_at": "2026-10-28T20:23:09.543325+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}