Act concerning the punisement of usury

Oure soverane lord, with avise and consent of the thrie estaittis of this present parliament, statuitis, ordanis and declairis that quhatsumevir persoun or personis in tyme cuming, be ony blok or bargane upoun pleges or annuelrentis, alsueill of victuall as of money, sall tak or ressave mair for the leyne interes proffite of yeirlie annuell of ane hundret pundis money during the haill space of ane yeir nor ten pundis money, fyve bollis victuall, swa of greittare or smallair sowmes proportionallie, that all sic personis, takaris or makeris of sic blokis and conditionis, for greittair or mair proffite, interes, commoditie or annuell for the space of ane yeir or for langair or schortair space efter the proportioun of the yeir than ten pundis money for ilk hundret pundis be yeir, salbe haldin, repute, persewit and punissit as ockarairis and usurairis and ressave and incur punisment and jugement of the samyn, conforme to the lawis of this realme alreddy maid and establishit thairupoun, providing alwayes that this present act of parliament, force and executioun thairof onnawyse salbe extendit to ony lauchfull bandis, contractis, obligationis, infeftmentis or uther securities quhatsumevir maid upoun annuelrentis of money or victuall preceidand the dait of thir presentis, bot thai to stand and abide in thair awin strenth and effect in all pointis, efter the forme and tennour thairof, as thai wer maid frome the begynning.

  1. NAS, PA2/13, ff.96v-97r. Back
  2. 'V.' written in margin. Back
  3. In margin: 'or fyve bollis victuall, A. clericus registri'. Back