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". The purpose of the Act was to reduce the interest rate from 8% to 6%. The legislation had 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. It was amended by the Usury Act 1840 (3&4 Vict, c.83), the Usury Act 1841 (4&5 Vict, c.54), the Usury
Legal Proceedings During Commonwealth Act 1660 Legal Proceedings During Commonwealth Act 1660 The Legal Proceedings During Commonwealth Act 1660 or Act of the Confirmation of Judicial Proceedings (12 Chas.2 c.12) was enacted by the English Parliament to legitimise the outcome of judicial proceedings during the English interregnum. It was repealed by the Statute Law Revision Act 1948. The Act was rendered necessary by the lack of a legitimate English government in control of the whole country since the outbreak of the Civil War. During the Civil War, there had been two rival governments. After the execution of Charles I in 1649, there had been a series