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Section XXI Orphans that have already transferred may redeem in Three Years Time.

Original text. Later amendments are not shown.

Interest at the Rate of £8 per Cent. per Ann.

And be it further enacted and declared That all such of the said Debts due to any of the said Orphans as have been att any time before the said Five and twentieth day of December assigned or granted or covenanted to bee assigned or granted or for which any authority hath heretofore been given or granted by any of the said Orphans their Husbands Executors or Administrators to any person or persons to receive the same or any part thereof to the use of such person so authorized or any other person besides such Orphan shall and may be redeemed and are hereby declared to bee redeemable by the said Orphans or their Husbands or their respective Executors or Administrators on payment of the said Principal sum of money paid in considerac[i]on of makeing the said assignment grant covenant or authority together with the charges and Interest for the same from the time of the payment thereof after the rate of Eight pounds per Centum per Annum for One yeare discounting for what hath been received for or in respect of the said Debt by any such person to whom such assignmt: or authority was made or given and upon paymt: or tender of the said Principal money Interest and Charges such grant assignement or authority and all covenants and agreements concerning the same shall bee void. Provided neverthlesse that such redemption as aforesaid bee made within the space of three yeares from and after the end of this present Session of Parliament.