Exchequer Bills and Bonds Act, 1866

Interest due on Exchequer bills paid for revenue to be allowed to persons paying the same.

Future interest on such bills to cease.

10. The interest which shall from time to time be due upon any Exchequer bill or bills which may be payable in part of any duties granted to Her Majesty shall be allowed to all persons, bodies politic and corporate, paying the same to any receiver or collector of any duties granted to Her Majesty, to the respective days upon which such bill or bills shall be so paid: Provided always, that all interest upon or for any such bill or bills so paid into the hands of any of the said receivers or collectors, or into the Bank of England on account of the Exchequer, shall cease on and from the day of such payment.