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
Irish Convention (1660) Irish Convention (1660) The Irish Convention sat 7 February, 2 March and 27 May 1660, and again January 1661. It sought to restore the monarchy, episcopacy and also the right for the King's Irish Parliament to tax and legislate for itself, rejecting claims of legislative supremacy by the King's English Parliament. Sir Charles Coote was a central figure in the Convention. In May 1660 the Convention asked the King of Ireland to "call a parliament consisting of Protestant peers and commons. It was also requested that the Church of Ireland should again be established" The Convention Parliament was dissolved by