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OF THE UNITED KINGDOM OF

GREAT BRITAIN AND IRELAND: :

PASSED IN THE

FORTY-SIXTH AND FORTY-SEVENTH YEARS

OF THE REIGN OF HER MAJESTY

QUEEN VICTORIA

At the Parliament begun and holden at Westminster, the 29th Day of

April, Anno Domini 1880, in the Forty-third Year of the Reign of
our Sovereign Lady VICTORIA, by the Grace of God of the United

Kingdom of Great Britain and Ireland Queen, Defender of the Faith:
Being the FOURTH SESSION of the TWENTY-SECOND PARLIA-

MENT of the United Kingdom of GREAT BRITAIN and IRELAND.

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LONDON:
PRINTED BY GEORGE E. B. EYRE AND WILLIAM SPOTTISWOODE,

PRINTERS TO THE QUEEN'S MOST EXCELLENT MAJESTY.
PUBLISHED BY F. E. STREETEN, PROPRIETOR OF THE LAW JOURNAL REPORTS,

AT No. 5, QUALITY COURT, CHANCERY LANE, LONDON.

MDCCCLXXXIII.

54.946

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CHAP. 1.
Consolidated Fund (Permunent Charges Redemption) Act, 1883.

ABSTRACT OF THE ENACTMENTS.

1. Construction of Act and short title. 2. Advance of redemption money by National Debt Commissioners and repayment by terminable

annuity. 3. Definitions.

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. This Act shall be construed as one with the Consolidated Fund (Permanent Charges Redemption) Act, 1873.

This Act may, together with that Act, be cited as the Consolidated Fund (Permanent Charges Redemption) Acts, 1873 and 1883, and may be cited, alone, as the Consolidated Fund (Permanent Charges Redemption) Act, 1883.

An Act to amend the Consolidated Fund

(Permanent Charges Redemption) Act, 1873.

(20th March 1883.) WHEREAS by the Consolidated Fund (Permanent Charges Redemption) Act, 1873, the Treasury are authorised, as regards certain annuities as defined by that Act which are charged on the Consolidated Fund, or moneys provided by Parliament, to contract for their redemption by payment of a capital sum ont of moneys provided by Parliament not exceeding the sum therein mentioned, or by the transfer of Government securities instead of the payment of a sum of money :

And whereas by section twenty-three of the Revenue Friendly Societies and National Debt Act, 1882, the Treasury were authorised, for the purpose of the redemption of such of the said annuities as were payable to ecclesiastical corporations in England, to borrow the required capital sum or annuities from the National Debt Commissioners, and to repay the loan by a terminable annuity :

And whereas it is expedient to give the like authority for the purpose of the redemption of others of the said annuities : Be it therefore enacted by the Queen's most

VOL. LXII.-LAW JOUR. Stat.

2. (1.) The Treasury may from time to time borrow from the National Debt Commissioners, and those Commissioners may lend out of the funds in their hands on account of Trustee or Post Office Savings Banks, such capital sum or such Government securities as may be necessary for the purpose of carrying into effect any contract made in pursuance of the Consolidated Fund (Permanent Charges Redemption) Act, 1873, for the redemption of any annuity as defined by that Act.

(2.) For the purpose of repaying any such loan, the Treasury may create, in favour of

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