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Our sovereign lord, with advice and consent of the estates of parliament now presently convened, ratifies and approves and, for his highness and his successors, perpetually confirms the charter and infeftment, ratification and new erection therein contained granted by our sovereign lord's late dearest father, King James VI, of happy and blessed memory, under his highness's great seal, to the provost, bailies, council, community, burgesses and inhabitants of the burgh of Banff and their successors, of the said burgh of Banff, with all and sundry houses, tenements, buildings, yards, acres, wastes, tofts, crofts and others lying within the burgh ruids and territory of the same, with the fishings, weekly markets, free fairs, tolls, customs, privileges, liberties, immunities, casualties and other immunities specially and particularly at length mentioned, inserted and contained in the said charter and infeftment, as the same of the date at Edinburgh, 5 July 1592, together with the precept of sasine directed forth of his highness's chancellery under his highness's quarter seal of the date of the said charter, with the instrument of sasine following thereupon of the date 23 December 1592, in all and sundry the heads, points, clauses, articles, circumstances and conditions therein contained and after the forms and tenors thereof in all points. Likewise our said sovereign lord, with advice and consent of the said estates of this present parliament, wills and grants and, for his highness and his successors, perpetually decrees and ordains that this present ratification is and shall be as valid, sufficient and effectual to the said provost, bailies, council, community, burgesses and inhabitants of the said burgh of Banff and their successors as if the said charter and infeftment, ratification and new erection therein contained, with the whole privileges, liberties and immunities therein mentioned, with the said precept and instrument of sasine following thereupon, were all herein at length word for word specially and particularly engrossed and contained; concerning which, our said sovereign lord, with advice and consent foresaid, for his highness and his successors, has dispensed and by this act dispenses for ever.