OpenLegislation

Section XV Clause of Credit for £510,000.

Original text. Later amendments are not shown.

And be it enacted by the authority aforesaid That it shall and may be lawfull to and for any person or persons Natives or Foreigners Bodies Politick or Corporate to advance and lend to Their Majesties into the Receipt of Their Exchequer upon the credit of this Act any sum or sums of money not exceeding the sum of Five hundred and ten thousand pounds in the whole and to have and receive for the forbearance of all such moneys as shall be lent Interest not exceeding the rate of Eight pounds per Centum per Annum