Usury Act 1660: Difference between revisions

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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".^[1] 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. ^[2]

References

^ '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.
^ '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.

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[1] '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.

[2] '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.

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-The '''Usury Act 1660''' is an [[Act of Parliament|Act]] of the [[Parliament of England]] (12 Car. II. c. 13) with the [[long title]] "An Act for restraining the takeing of Excessive [[Usury]]". <ref>'Charles II, 1660: An Act for restraining the takeing 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.</ref>
+The '''Usury Act 1660''' is an [[Act of Parliament|Act]] of the [[Parliament of England]] (12 Car. II. c. 13) with the [[long title]] "An Act for restraining the taking of Excessive [[Usury]]".<ref>'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.</ref> The purpose of the Act was to reduce the [[interest rate]] from 8% to 6%. This has been enacted in 1651 under the [[Commonwealth of England|Commonwealth]], but this Act was passed to confer legality on the measure following the [[English Restoration|Restoration]] of [[Charles II of England|Charles II]] after the [[English Civil War]]. <ref>'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.</ref>
-The purpose of the Act was to reduce the [[interest rate]] from 8% to 6%. This has been enacted in 1651 under the [[Commonwealth of England|Commonwealth]], but this Act was passed to confer legality on the measure following the [[English Restoration|Restoration]] of [[Charles II of England|Charles II]] after the [[English Civil War]]. <ref>'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.</ref>
 ==References==
 <references/>
+[[Category:1660 in law]]
 [[Category:Acts of the Parliament of England]]
-[[Category:1660 in law]]
 {{UK-law-stub}}