# Taxation: Members of Parliament Act 1700, Section LXXVII: LXXVII. Interest at £6 per Cent. per Ann. to Lenders on said Third Part.


Money lent not to be taxed.
And it is hereby enacted That the Lenders of the said Third Part shall have and receive for the Forbearance of their respective Loans Interest after the Rate of Six Pounds per Centum per Annum to be paid every Three Months from the makeing such Loans till Satisfaction of the principall Su[m]mes respectively and that no Money so to be lent shall be rated or assessed by virtue of this Act

---
Source: https://www.legislation.gov.uk/aep/Will3/12-13/10/section/LXXVII (the official version)
Page: https://openlegislation.uk/taxation-members-of-parliament-act-1700/section-LXXVII
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.