# Taxation Act 1700, Section XIX: Tallies of Loan and Orders for Repayment and Interest granted.


Interest to be paid every Three Months; Orders assignable; Distinct Register of Orders kept; Orders paid in course and registered; No Fee for providing Register; or for Search; Penalty; For demanding Fee or giving undue Preference.
And be it further enacted by the Authority aforesaid That from time to time upon making such Loans as aforesaid on Credit of the said Duties on Low Wines and other the Duties before mentioned as aforesaid Tallies of Loan shall be levied for all and every Sum and Sums of Money so to be lent and that Orders according to the Course of the Exchequer shall be drawn and signed for Repayment of the same and for Payment of such Interest as aforesaid for the Forbearance thereof the said Interest to be paid every Three Months until Satisfaction of the Principal Sum and that all and every such Order and Orders and the Monies therein to be contained or any Part thereof shall be assignable and transferable without Power of Revocation so as the Assignments thereof be endorsed upon the respective Orders and entred or notified in the Office of the Auditor of the Receipt of the Exchequer in a Book to be there kept for that Purpose and that a distinct Register shall be kept in the said Receipt of Exchequer of all the said Orders of Repayment not exceeding Three hundred thousand Pounds in which the said Orders shall be registred in course according to the Date of the Tallies respectively without any other Preference of one before another And that every Person shall be paid in course as his Order shall stand entred in such Register Book out of the said Duties upon Low Wines and the said other Duties whereupon the said Loans shall be made as aforesaid which are hereby appropriated thereunto and that no Fee Reward or Gratuity directly or indirectly shall be demanded or taken for providing or making any such Book or Register or for any view or Search in the same by any of His Majesties Officers their Clerks or Deputies on pain of forfeiting Treble Damages to the Party grieved to be recovered by Action of Debt or of the Case Bill Plaint or Information in any of His Majesties Courts of Record at Westminster by any Person or Persons who will sue for the same wherein no Essoign Protection Wager of Law Priviledge of Parliament or other Priviledge or more than One Imparlance shall be granted or allowed either for demanding or taking any such Fee or Gratuity or for giving any undue Preference in point of Registry or Payment

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Source: https://www.legislation.gov.uk/aep/Will3/12-13/11/section/XIX (the official version)
Page: https://openlegislation.uk/taxation-act-1700/section-XIX
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.