Statutes of the Realm: Volume 7, 1695-1701. Originally published by Great Britain Record Commission, s.l, 1820.
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Recital of 8 & 9 W. III. c. 22. § 28. 44
Whereas in one Act made in the last Sessions of Parliament intituled An Act for granting to His Majesty certaine Duties upon Malt Mum Sweets Cyder and Perry as well towards carrying on the Warr against France as for the necessary Expences of His Majesties Household Liberty was given for making and issuing of Bills or Ticketts to a certain Value and for borrowing of Two hundred thousand Pounds by Loan in Manner therein mentioned And whereas some Misconstructions have been made touching the Payment and Satisfaction of the Loan mentioned in the said Act and of the Bills or Ticketts which have been made and issued pursuant thereunto Be it hereby declared and enacted by the Kings most Excellent Majesty by and with the Advice and Consent of the Lords Spiritual and Temporal and Co[m]mons in this present Parliament assembled and by the Authority of the same That all the Duties which have been or hereafter shall be paid into the Receipt of His Majesties Excheq[uire]by virtue of the said recited Act shall be and are hereby appropriated to be issued and applied to the Payment and Satisfaction of the said Loan of Two hundred thousand Pounds with Interest for the same or so much as remains due and unpaid thereof and to the Discharge and Satisfaction of the said Bills or Ticketts with Interest in the first place in such Course and Order as the said Act directs and appoints and to no other Use or Purpose whatsoever until the said Loan and the said Bills or Ticketts with Interest shall be fully paid and satisfied Any thing in the said Act or in any other Act or Acts to the contrary in any wise notwithstanding.
II. Rules of 1 W. & M. Sess. 2. c.1. applied to this Act.
And [whereas (fn. 1)] the first Moneys ariseing by the said Duties may not be diverted or applied otherwise than is hereby directed Be it further enacted by the Authority aforesaid That the Rules & Directions appointed and enacted in one Act made in the First Yeare of His Majesties Reigne intituled An Act for a Grant to Their Majesties of an Aid of Two Shillings in the Pound for One Yeare for the speedy Payment of Moneys thereby granted into the Receipt of the Exchequer by the Collectors and Receivers thereof and for the Distribution and Application thereof and keeping distinct Accounts of the same and all other Provisoes Pains Penalties and Forfeitures thereby enacted in case of Diversion of any Money thereby appropriated are hereby revived and enacted to be in Force and shall be practised executed and putt in Ure for and concerning the Distribution & Application of the said Duties hereby appropriated as fully amply and effectually as if the same were particularly repeated and reenacted.