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Section VII Persons may lend Money to the Crown under this Act on Interest at £7 per Cent. per Ann. such Money not to be rated.

Original text. Later amendments are not shown.

Tallies and Orders to Lenders; assignable; Orders paid in Course, and Interest every Three Months, under the Provisions of former Act.

Provided alwayes and bee it hereby Enacted That it shall and may be lawfull for any Person or Persons to Lend unto Their Majesties upon Security of the Moneyes given by this present Act any Summe or Summes of Money and to have and receive Interest for the same after the Rate of Seven pounds in the Hundred for a Yeare And that none of the Money soe to be Lent shall be Rated or Assessed by vertue of this Act And that Tallies of Loane shall be Stricken and Orders of Repayment for the Moneys soe to be Lent and the Interest thereof Signed and Registred in a distinct Register for this purpose to be provided And such Orders or any part thereof shall be Assignable and the Principalls upon such Orders shall be paid in Course and the Interest every Three months in the like Method Order and Forme and under such Penalties Forfeitures Damages and Costs to be Incurred by any Officer or Officers Clerks or Deputies respectively for giveing any undue Preference or for takeing of undue Rewards Fees or Gratuities as in and by the first mentioned Act are in the like Cases Enacted Prescribed Provided or Declared.