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
Monarch Airlines which Monarch was in direct competition with rival airliners, rather than just as a component of a tour operator. During 1986, Monarch acquired their first Boeing 737-300 airliner. From November 1988, four of Monarch's 737-300s were leased out to Euroberlin France, a Berlin Tegel-based Franco-German joint venture airline that was 51% owned by Air France and 49% by Lufthansa. Apart from the aircraft itself, Monarch Airlines also provided the flightdeck crew and maintenance support (through sister company Monarch Aircraft Engineering) for this airline. By 1990, seven 737-300s were assigned to the Euroberlin wet lease. On 1 May 1988, Monarch operated