OF THE UNITED KINGDOM OF GREAT BRITAIN AND IRELAND: PASSED IN THE FORTY-FOURTH AND FORTY-FIFTH YEARS OF THE REIGN OF HER MAJESTY QUEEN VICTORIA At the Parliament begun and holden at Westminster, the 29th Day of PRINTED BY GEORGE EDWARD EYRE AND WILLIAM SPOTTISWOODE, PUBLISHED, FOR THE PROPRIETORS OF THE LAW JOURNAL REPORTS, BY MDCCCLXXXI. 1. Issue of 2,500,000l. out of the Consolidated Fund for the service of the year ending 31st March 1881. 2. Power to the Treasury to borrow. 3. Short title. An Act to apply the sum of Two million five hundred thousand pounds out of the Consolidated Fund to the service of the year ending on the thirty-first day of March one thousand eight hundred and eighty-one. (17th February 1881.) Most Gracious Sovereign, WE, Your Majesty's most dutiful and loyal subjects, the Commons of the United Kingdom of Great Britain and Ireland, in Parliament assembled, towards making good the supply which we have cheerfully granted to Your Majesty in this session of Parliament, have resolved to grant unto Your Majesty the sum herein-after mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted; and be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows: 1. The Commissioners of Her Majesty's Treasury for the time being may issue out of the Consolidated Fund of the United Kingdom of Great Britain and Ireland, and apply towards making good the supply granted to Her Majesty for the service of the year ending on the hundred and eighty-one, the sum of two milthirty-first day of March one thousand eight lion five hundred thousand pounds. 2. The Commissioners of the Treasury may borrow from time to time on the credit of the said sum any sum or sums not exceeding in the whole the sum of two million five hundred thousand pounds, and shall repay the moneys so borrowed with interest not exceeding five pounds per centum per annum out of the growing produce of the Consolidated Fund at any period not later than the next succeeding quarter to that in which the said moneys were borrowed. Any sums so borrowed shall be placed to the credit of the account of Her Majesty's Exchequer, and shall form part of the said Consolidated Fund, and be available in any manner in which such fand is available. 3. This Act may be cited as the Consolidated Fund (No. 1) Act, 1881. VOL. LX.-LAW JOUR. STAT. A 2 |