The Long Parliament had passed the Adventurers Act in 1640 (the act received royal assent in 1642), under which those who lent money to Parliament for the subjugation of Ireland would be paid in confiscated land in Ireland. In addition, Parliamentarian soldiers who served in Ireland were entitled to an allotment of confiscated land there, in lieu of their wages, which the Parliament was unable to pay in full. As a result, many thousands of New Model Army veterans were settled in Ireland. Moreover, the pre-war Protestant settlers greatly increased their ownership of land (see also: The Cromwellian Plantation). Before the wars, Irish Catholics had owned 60% of the land in Ireland, whereas by the time of the Stuart Restoration, when compensations had been made to Catholic Royalists, they owned only 20% of it. During the Commonwealth period, Catholic landownership had fallen to 8%. Even after the Restoration of 1660, Catholics were barred from all public office, but not from the Irish Parliament.