Holograph copy of MINT00350 (Mint 19/3/14), headed 'The Clause in an Act of Parliament made in Scotland A.C. 1690'

<19r>

The clause in an Act of Parliament made in Scotland A.C. 1690, entituled, An Act anent an humble offer to his Majesty for an imposition upon certain commodities for defraying the expence of a free coynage.

It is ordeined that considering that by the Act of Parliament 1686 anent a free coynage there is only allowed eighteen pounds Scots upon the stone weight of silver for defraying the whole charge wast expences & loss upon its coinage, which allowance is found by experience to be too small & insufficient: therefore their Majesties with advice & consent of the said estates do here by rescind in all time coming that clause of the aforesaid Act, & further stature & ordein that the Master of the Mint have allowed to him in time coming twenty pounds Scotts instead of the said eighteen pounds Scots upon the stone weight of silver as the just & reasonable allowance for defraying the said charge expence & loss upon its coynage in manner provided in the said Act.