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No more than 5l. per cent. for money borrowed by said bank,
nor more than 5 per cent. charged by said bank for discount, &c.
under penalty of treble the sum lent, &c.
not to enable corporation to lend money on redeemable mortgages.
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VII.[(a)
] Provided always, and be it enacted by the authority aforesaid, That for all and every sum and sums of money, so to be borrowed by said corporation, no higher or greater interest, gratuity, or consideration shall be paid by said corporation, or any person on their behalf, than at the rate of five pounds per centum per annum; and that for all and every sum and sums of money so to be advanced or paid by the said corporation for or on account of dealing in or discounting promissory notes, or bills of exchange, or for or on account of any money or bonds, or other securities, no higher or greater sum, by way of interest, discount, gratuity, or other consideration, shall be demanded or taken by said corporation, or any person on their behalf, than at the like rate of five pounds per centum per annum, under the penalty or forfeiture of treble the sum or sums so borrowed, lent, or advanced to, or by said corporation, to be recovered in any of your Majesty's courts of record at Dublin, by action of debt, bill, plaint, or information, one moiety thereof to the informer, and the other to the use of your Majesty, your heirs or successors: Provided, that nothing herein contained, shall be construed to enable the said corporation, or any person or persons on their behalf, to lend or advance any sum or sums, to be secured by mortgage or sale of lands, tenements, or hereditaments redeemable; any thing herein contained to the contrary notwithstanding. [Rep., 23 & 24 Vict. c. 31. s. 1.]
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