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Date of Exchequer Bills.
Interest on them.
Payment of them.
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XXXVI. And be it enacted, That the Exchequer Bills to be made out in pursuance of this Act shall bear Date on the Days on which the same shall be respectively issued, and shall and may bear an Interest not exceeding the Rate of Three-pence Halfpenny per Centum per Diem upon or in respect of the whole of the Monies respectively contained therein, payable out of any Aids or Supplies in the Receipt of Her Majesty’s Exchequer; and such Exchequer Bills shall be made payable at such Periods and Places as shall be fixed by the said Commissioners of Her Majesty’s Treasury, nevertheless so as that all such Bills shall be made payable within Five Years from the Date thereof.
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