British North American Legislative Database, 1758-1867

This act outlines the issuing, use, and limitations of Army Bills, including their rate of exchange and interest. The Army Bill Office is described as well as the positions needed to run it and their responsibilities. The amount allowed to be in circulation at one time is set at two hundred and fifty thousand pounds. The process by which the Army Bills should be exchanged is described, as well as procedures when Army Bills are cancelled, destroyed, or lost.