Church of Ireland Act, 1823

Sums remaining due, or bereafter to be advanced, shall be repaid by Instalments after the Rate of 4 per Cent. per Ann. under Regulations of recited Acts and this Act.

No Suit to be commenced, &c. for the Recovery of 6 per Cent.

XIII. And be it further enacted, That from and after the passing of this Act, the respective Sums which shall at the Time of the passing of this Act be and remain due to the said Trustees and Commissioners of the First Fruits, on account of any Money lent or advanced by the said Trustees and Commissioners of the First Fruits for or towards the building or rebuilding of Churches and Chapels, or Glebe or Manse Houses, shall to all Intents and Purposes be deemed and taken to be, and shall be considered as the Sum and Sums originally lent and advanced for such Purposes, and to be the only Sum and Sums lent, and which ought to be repaid by Instalments to the said Trustees and Commissioners on or before every First Day of July in every Year, in Manner hereinafter mentioned; and that every such Sum and Sums, and every Sum and Sums hereafter to be so lent and advanced, for and towards the building and rebuilding of Glebe or Manse Houses, or building, rebuilding or repairing of Churches or Chapels, shall be repaid to the said Trustees and Commissioners by annual Instalments, at and after the Rate of Four Pounds for every Hundred Pounds so lent and advanced, and remaining due and payable as aforesaid, and to be lent and advanced, and at and after no greater Rate, until the said Sum and Sums so lent and advanced, or to be lent and advanced, and now remaining due or hereafter to grow due to the said Trustees and Commissioners, shall be wholly repaid and discharged; and such annual Instalments at the Rate of Four per Cent. on all Sums so lent and to be lent for and towards building, rebuilding or repairing of Churches and Chapels, shall be annually assessed and applotted, paid and levied, and such annual Instalments at the Rate of Four per Cent. on all Loans for the building of Glebe and Manse Houses, shall be paid and levied in such Manner and under such Regulations as in and by the said in part recited Acts, passed in the Forty third, Forty eighth, and Forty ninth Years respectively of His said late Majesty King George the Third, directed and provided with respect to the Instalments of Six per Cent. in the said Acts mentioned, or as is directed or provided by this Act; and from and after the passing of this Act, no Suit or Proceeding shall be taken, had, commenced or carried on or continued by or on behalf of His Majesty, His Heirs or Successors, or by or in the Name of any Archbishop, Bishop or Ordinary, or of any Churchwarden or other Person, for the Recovery or Receipt of any such Instalment after the Rate of Six per Cent., heretofore applotted in respect of any Sum or Sums heretofore lent and advanced for any of the Purposes aforesaid, or of any Part thereof; any thing in the said recited Acts or any of them contained to the contrary thereof in anywise notwithstanding.