Section XXX Clause of Loan for £1,200,000,

free from Assessment.

Provided alwayes and itt is hereby enacted by the Authority aforesaid That from and after the Foure and twentieth Day of June One thousand six hundred ninety and six itt shall and may bee lawfull to and for any Person or Persons Natives or Foreigners Bodies Politick or Corporate to advance and lend unto His Majesty upon the Security of this Act any Summer or Summes of Money not exceeding the Summe of Twelve hundred thousand Pounds and to have and receive for the forbearance of Six hundred thousand Pounds thereof which shall bee first lent Interest not exceeding the Rate of Seaven pounds for every One hundred pounds And for the Remainder of the said Twelve hundred thousand pounds Interest not exceeding Eight pounds for every One hundred pounds for One whole Yeare And moreover that noe Money soe lent upon the Security of this Act shall bee rated or assessed by virtue of any Act of Parliament whatsoever.