C. 14 & 15 Vict. whereas by an Act passed in the present Session of Parliament, Chapter the Commissioners of Her Majesty's Treasury of the United Kingdom of Great Britain and Ireland for the Time being are empowered, by Warrant under the Hands of any Two or more of them, to charge the Consolidated Fund of the United 5 Kingdom of Great Britain and Ireland, and to direct the Issue or Payment thereout to the Account of the Commissioners for the Time being for the Reduction of the National Debt, of a Sum or Sums of Money not exceeding Three hundred and sixty thousand Pounds per Annum, during the Five Years next ensuing the Fourth 10 Day of April One thousand eight hundred and fifty-two, by quarterly Instalments or Issues not exceeding Ninety thousand Pounds per Quarter, the same to become due on the Fifth Day of January, the Fifth Day of April, the Fifth Day of July, and the Tenth Day of October in each Year, the First Instalment thereof to become due 15 and payable on the Fifth Day of April One thousand eight hundred and fifty-two: And whereas sundry Advances or Loans have been made by the Commissioners of Public Works in Ireland under the said first-recited Act, and the several Acts since passed for amending and extending the same, for the Purposes in the same Acts specified; 20 and great Benefits have been derived therefrom, and further Advances or Loans are required for the like Objects: Be it therefore enacted by the Queen's most Excellent Majcsty, by and with the Advice and Consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the Autho- 25 rity of the same, Commissioners for this Act. Treasury may, out of the 360,000l. per Annum granted by 14 & 15 Vict. Sum not exceeding 15,000l. per I. That the Commissioners of Public Works for the Time being shall be Commissioners for the Execution of this Act. II. That the said Commissioners of Her Majesty's Treasury, by Warrant under the Hands of any Two or more of them, may direct, 30 from Time to Time, that out of the Sum not exceeding Three hundred and sixty thousand Pounds per Annum which by the said Act c., apply a of this present Session of Parliament they are authorized to charge on the Consolidated Fund of the United Kingdom of Great Britain and Ireland, and which they are authorized to direct to be paid to 35 the Account of the Commissioners for the Reduction of the National Debt, during the Term of Five Years next ensuing the Fourth Day of April One thousand eight hundred and fifty-two, by quarterly Instalments or Issues not exceeding Ninety thousand Pounds per Quarter as aforesaid, there shall issue and be paid unto the said 40 Commissioners for the Reduction of the National Debt, during the said Term of Five Years, a Sum not exceeding Fifteen thousand Pounds per Quarter, to be at the Disposal of the said Commissioners Quarter to be applied for Public Works in Ireland. of of Public Works, as herein-after mentioned, such quarterly Instalments or Issues to become due on the Fifth Day of January, the Fifth Day of April, the Fifth Day of July, and the Tenth Day of October in each Year, the First Instalment thereof to become due and 5 payable on the Fifth Day of April One thousand eight hundred and fifty-two. III. That for the Purpose of receiving the said quarterly Instal- A separate ments the said Commissioners for the Reduction of the National Account to be continued Debt shall continue or cause to be continued the separate Account at the Bank 10 already opened with them at the Bank of England under the Title of England. of "The Commissioners for the Reduction of the National Debt on account of the Public Works Loan Fund for Ireland," which Account the Governor and Company of the Bank of England shall and they are hereby required to continue in their Books accordingly; 15 and the said Commissioners for the Reduction of the National Debt shall continue and keep, or cause to be continued and kept, in their Office, a Book or Books, in which all Monies transferred to the said last-mentioned Account by virtue of this Act and the said recited Act of the Seventh Year of the Reign of Her present Majesty shall 20 be kept, apart from all other Monies, and such Monies shall be by the same Commissioners held subject to the Disposal of the said Commissioners of Public Works for the several Purposes of the said first-recited Act and the other Acts amending the same, and of this Act. 25 Public Works in Ireland to certify Amount of missioners IV. That when the said Commissioners of Her Majesty's Treasury Commisshall have sanctioned any Loan under this Act or any of the above- sioners of recited Acts, and the said Commissioners of Public Works shall have ascertained that any Sum of Money is required to be issued on account of such Loan, they shall forthwith certify the Amount of Loans 30 such Issue to the Commissioners for the Reduction of the National granted by them, and Debt for the Time being, and in every such Certificate the Loan in certify the Payment of which such Issue is required, and the Party or Parties same to Comto whom such Issue is intended to be made, shall be stated; and for Reducupon every such Certificate being produced to the Officer of the tion of the 35 said Commissioners for the Reduction of the National Debt the Comptroller General or Assistant Comptroller, or Chief Clerk acting Upon Cerunder the last-named Commissioners, shall upon the Back of such tificate being produced Certificate indorse and sign an Order for the Payment of the Sum Payment to mentioned in such Certificate to the Governor and Company of the be made. 40 Bank of England, to be by them placed to the Account of the Governor and Company of the Bank of Ireland, for the separate Account and Credit of the Paymaster of Civil Services in Ireland, on account of the Public Works Loan Fund for Ireland, to be by him 469. A 2 paid National Proviso. Order to be entered by the proper Officer, counter signed by the Actuary, and addressed to the Cashiers of the Bank of England, who shall pay the same. Commis. sioners for Reduction of National Debt to furnish an annual Ac count for Audit. Bank of Ireland to count with Paymaster of Civil Ser. vices of paid over, on the Warrants of the said Commissioners of Public V. That every such Order of the Officer of the said Commissioners for the Reduction of the National Debt, before the issuing 10 thereof, shall be entered by the Clerk or other proper Officer, and shall be countersigned by the Actuary or other Check Officer acting under the said Commissioners for the Reduction of the National Debt, and shall be addressed to the Cashiers of the Governor and Company of the Bank of England; and such Cashiers, or One of them, 15 shall, upon the Production of every such Order, pay the Sum mentioned therein to the Governor and Company of the Bank of England; and the Signature of One of the Cashiers of the said Governor and Company of the Bank of England shall be a sufficient Discharge to the said Commissioners for the Reduction of the National Debt. 20 VI. That the Commissioners for the Reduction of the National Debt shall cause to be made up for Examination and Audit an annual Account to the Thirty-first Day of December in each Year of the Receipts, Payments, and Balances on the said Account so directed to be kept by them in respect of the said Public Works Loan Fund 25 for Ireland as aforesaid, and shall deliver the same to the Commissioners for auditing the Public Accounts. VII. That the Governor and Company of the Bank of Ireland continue Ac- shall continue the Account already opened in their Books with the Paymaster of the Civil Services of Ireland under the Title of "The 30 Paymaster of the Civil Services, on account of the Repayment of Loans for Public Works," and Monies which shall from Time to Time be Repayments. repaid in respect of Loans made under this Act, or in respect of the Interest thereof, shall be carried to the Credit of the same Account. Appropriation and 35 VIII. That as soon as any Sum of Money shall have been so lodged to the Credit of the said Account of the Paymaster of Civil Services, on Entry of Repayments. account of the Repayment of Loans for Public Works, the said Commissioners of Public Works shall, upon a Notification thereof, cause to be made out and delivered to the said Paymaster of Civil Services 40 a Statement of the proper Appropriation of such Payment, whether for for Account of Interest or Principal, or how much for each respectively, upon which the said Paymaster of Civil Services shall cause to be prepared accordingly the proper Receipt or Voucher, and send the same to the said Commissioners of Public Works, who shall 5 thereupon cause the Sum or Sums therein mentioned to be entered on the Books of the said Commissioners, to the Credit of the Loan on account of which such Payment shall have been made, and such Receipt, when so entered, shall be delivered to the Party or Person on whose Account such Payment shall have been so made, and such 10 Receipt shall be a sufficient Discharge to the Party or Person paying the same. carried to IX. That every Sum of Money which shall be paid into the Bank All Sums of Ireland to the Account of the Paymaster of Civil Services, on the Bank of paid into account of the Repayment of Loans for Public Works, under this Ireland to be 15 Act, shall from Time to Time, immediately on such Payments being and made made, be transferred to the Governor and Company of the Bank of Part of the Ireland, to the Account kept by the Bank of England with Her Fund. Majesty's Exchequer, and, when so transferred, shall be carried to and made Part of the Consolidated Fund of the United Kingdom of Great 20 Britain and Ireland. Consolidated Powers of recited Acts as to Ad Force as if X. That all the Enactments contained in the said recited Acts relating to Public Works in Ireland, or any of them, shall, except as is herein otherwise provided, extend to this Act, and to all Things vances to done or directed to be done by the said Commissioners of Her have the same 25 Majesty's Treasury, or the said Commissioners of Public Works, or re-enacted their Secretary for the Time being, or any other Persons or Bodies in this Act. Corporate, under the Authority of the said recited Acts or this Act, or any of them, in such or the like Manner as if they had been particularly and severally re-enacted in the Body of this Act, or as 30 near thereto as the Difference of the Circumstances will admit, except so far only as the same are amended or altered by any of the said Acts or by this Act. |