OpenLegislation

Section XX £7 per Cent. to Lender, and the Charge of the Principal and Interest transferred to the next Parliament Aid; and if no Aid, to next Revenue not already appropriated.

Original text. Later amendments are not shown.

And it is hereby enacted That all and every Sum and Sums of money so to be borrowed not exceeding as aforesaid together with the Interest for the same not exceeding the rate of Seaven pounds per Centum per Annum to bee paid every three months until satisfacc[i]on of the principal or so much thereof as shall not be repaid out of such moneys as shall be advanced upon the Terms hereafter in this Act menc[i]oned at or after the said Foure and twentieth day of June One thousand six hundred ninety three and before the Twenty ninth day of September next following (all which said moneys so to be advanced from and after the said Foure and twentieth day of June and before the said Twenty ninth day of September shall be applied and appropriated and are appropriated for the dischargeing the several Loans made upon this Act so far as the same will extend) shall be payable and be paid or satisfied unto the respective Lender or Lenders of the same his her or their Executors Administrators or Assignes out of any of the next Aids or Supplies to be granted to Their Majesties in Parliament and shall be transferred and transferrable thereunto as soon as any such aid or supply shall be granted And in case no X1such aid or supply shall be granted to Their Majesties before the Second day of February One thousand six hundred ninety three then the said Sum and Sums of money so to bee borrowed not exceeding as aforesaid and the Interest thereof or so much thereof as shall bee not repaid out of the moneys which shall be advanced before the said Twenty ninth day of September as aforesaid shall be payable and be paid and satisfied to the said Lender or Lenders his or their Executors Administrators or Assigns respectively by and out of any of Their Majesties Treasure which from henceforth shall come into be or remain in the Receipt of Their Majesties Exchequer not being already appropriated to any particular Uses by any Act or Acts of Parliament before this time made

Annotations

Editorial notes

X1

interlined on the Roll.