No one shall import wine into the nation, but on English ships, or else forfeit the wine, one half to the king and one half to the seizer of the wine.
No one may take out of the nation any [male] horse or any mare worth more than 6s.8s. or under the age of three years, upon pain of forfeiture of such. However, a denizen may take a horse for his own use and not to sell. This is to stop losing horses needed for defense of the nation and to stop the price of a horse from going up.
Freemen of London may go to fairs and markets with wares to sell, despite the London ordinance to the contrary.
Merchants residing in the nation but outside London shall have free access to foreign markets without exaction taken of more than 133s. sterling by the confederacy of London merchants, which have increased their fee so much, 400s., that merchants not in the confederacy have been driven to sell their goods in London for less than they would get at a foreign market. Exacting more is punishable by a fine of 400s. and damages to the grieved party of ten times the excess amount taken.
For the privilege of selling merchandise, a duty of scavage shall be taken of merchant aliens, but not of denizens. Any town official who allows disturbing of a person trying to sell his merchandise because he has not paid scavage, shall pay a fine of 400s.
Coin clipped or diminished shall not be current in payment, but may be converted at the King's mint into plate or bullion. Anyone refusing to take coins with only normal wear may be imprisoned by the mayor, sheriff, bailiff, constable or other chief officer. New coins, which have a circle or inscription around the outer edge, will be deemed clipped if this circle or inscription is interfered with.
The penalty for usury is placement in the pillory, imprisonment for half a year, and a fine of 400s. (The penalty was later changed to one half thereof.)
Lawbooks in use at the Inns of Court included "The Books of Magna Carta with diverse Old Statutes", "Doctor and Student" by St. Germain, "Grand Abridgment" by Fitzherbert, and "New Natura Brevium" by Lombard.
- Judicial Procedure -
This stastute made changes in the judicial process: The Chancellor, Treasurer, keeper of the King's privy seal, or two of them, with a bishop selected by them, and a temporal lord of the King's council selected by them, and the two Chief Justices of the King's Bench shall constitute the court of the Star Chamber. It shall have the authority to call before it by writ or by privy seal anyone accused of "unlawful maintenances, giving of liveries, signs and tokens, and retainers by indentures, promises, oaths, writings, or otherwise embraceries of his subjects" and witnesses, and impose punishment as if convicted under due process of law. These laws shall now be enforced: If a town does not punish the murderer of a man murdered in the town, the town shall be punished. A town shall hold any man who wounds another in peril of death, until there is perfect knowledge whether the man hurt should live or die. Upon viewing a dead body, the coroner should inquire of the killers, their abettors, and anyone present at the killing and certify these names. In addition, the murderer and accessories indicted shall be tried at the King's suit within a year of the murder, which trial will not be delayed until a private suit is taken. If acquitted at the King's suit, he shall go back to prison or let out with bail for the remainder of the year, in which time the slain man's wife or next of kin may sue. For every inquiry made upon viewing a slain body coroners shall be paid 13s.4d. out of the goods of the slayer or from a town not taking a murderer, but letting him escape. If the coroner does not make inquiry upon viewing a dead body, he shall be fined 100s. to the King. If a party fails to appear for trial after a justice has taken bail from him, a record of such shall be sent to the King.