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
Duration of English, British and United Kingdom Parliaments from 1660 NP column: Duration of English, British and United Kingdom Parliaments from 1660 This is a list of the Parliaments of the United Kingdom, of Great Britain and of England from 1660 to the present day, with the duration of each Parliament. The NP number is the number counting forward from the creation of the United Kingdom in 1801 and Great Britain in 1707. Prior to that the parliaments are counted from the Restoration in 1660. The duration column is calculated from the date of the first meeting of the Parliament, to that of dissolution. Notes Notes Notes Key to abbreviations