# Coal Duties for Rebuilding Saint Paul's Act 1685, Section IX: Power to Archbishop, &c. to borrow Money on Credit of Duties.


And forasmuch as the Moneys to be raised by the Impositions aforesaid will not in a long time raise such a Stocke or Summe of Money as may be sufficient for the effecting the ends and purposes of this Act It is hereby further enacted That the said Lord Arch-Bishop Lord Bishop and Lord Maior for the time being or any two of them shall be and are hereby impowered by Indenture under their Hands and Seales to ingage the Proffit ariseing out of the respective Impositions by this Act or any part or parts thereof as a Security for any Summe or Summes of Money by them to be borrowed for the ends and purposes of this Act to any Person or Persons that shall or will advance any Summe or Summes of Money upon such Security All which Money soe to be borrowed shall be imployed for or towards the Rebuilding Finishing and Adorning the said Cathedrall Church according to the true intent of this Act.

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Source: https://www.legislation.gov.uk/aep/Ja2/1/15/section/IX (the official version)
Page: https://openlegislation.uk/coal-duties-for-rebuilding-saint-pauls-act-1685/section-IX
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.