Usury Act 1660

Usury Act 1660

The Usury Act 1660 is an Act of the Parliament of England (12 Car. II. c. 13) with the long title "An Act for restraining the taking of Excessive Usury". ['Charles II, 1660: An Act for restraining the taking of Excessive Usury.', Statutes of the Realm: volume 5: 1628-80 (1819), pp. 236-37. URL: http://www.british-history.ac.uk/report.asp?compid=47261. Date accessed: 07 March 2007.] The purpose of the Act was to reduce the interest rate from 8% to 6%. This has been enacted in 1651 under the Commonwealth, but this Act was passed to confer legality on the measure following the Restoration of Charles II after the English Civil War. ['Book 1, Ch. 14: From the Restoration to the Fire', A New History of London: Including Westminster and Southwark (1773), pp. 210-30. URL: http://www.british-history.ac.uk/report.asp?compid=46731. Date accessed: 07 March 2007.]

References


Wikimedia Foundation. 2010.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Usury — (] In the 13th century Cardinal Hostiensis enumerated thirteen situations in which charging interest was not immoral. [cite journal | last = Roover | first = Raymond | title = The Scholastics, Usury, and Foreign Exchang | journal = Business… …   Wikipedia

  • List of Acts of Parliament of the English Parliament, 1660 to 1699 — This is a list of Acts of Parliament of the English Parliament during that body s existence prior to the Act of Union of 1707. For legislation passed after that date see List of Acts of Parliament of the United Kingdom Parliament.The numbers… …   Wikipedia

  • List of Acts of Parliament of the English Parliament, 1603 to 1641 — This is a list of Acts of Parliament of the English Parliament during that body s existence prior to the Act of Union of 1707. For legislation passed after that date see List of Acts of Parliament of the United Kingdom Parliament.The numbers… …   Wikipedia

  • Europe, history of — Introduction       history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… …   Universalium

  • English literature — Introduction       the body of written works produced in the English language by inhabitants of the British Isles (including Ireland) from the 7th century to the present day. The major literatures written in English outside the British Isles are… …   Universalium

  • Lettres provinciales — The Lettres provinciales (Provincial letters) are a series of eighteen letters written by French philosopher and theologian Blaise Pascal under the pseudonym Louis de Montalte. Written in the midst of the formulary controversy between the… …   Wikipedia

  • ENGLAND — The British Isles were unknown to the Jews until a late date, and the settlement of the Jews in medieval England was among the latest in Europe. It is possible that a small nucleus was to be found there under the Romans and that in the Saxon… …   Encyclopedia of Judaism

  • Charity and Charities — • In its widest and highest sense, charity includes love of God as well as love of man Catholic Encyclopedia. Kevin Knight. 2006. Charity and Charities     Charity and Charities …   Catholic encyclopedia

  • THE MIDDLE AGES — …   Encyclopedia of Judaism

  • India — /in dee euh/, n. 1. Hindi, Bharat. a republic in S Asia: a union comprising 25 states and 7 union territories; formerly a British colony; gained independence Aug. 15, 1947; became a republic within the Commonwealth of Nations Jan. 26, 1950.… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”