Appropriation Act 1866
| Jurisdiction | UK Non-devolved |
| Citation | 1866 c. 91 |
| Year | 1866 |
Appropriation Act, 1866
(29 & 30 Vict.) C A P. XCI.
An Act to apply a Sum out of the Consolidated Fund and the Surplus of Ways and Means to the Service of the Year ending Thirty-firstMarch One thousand eight hundred and sixty-seven, and to appropriate the Supplies granted in this Session of Parliament.
[10th August 1866]
Most Gracious Sovereign,
W E, Your Majesty's most dutiful and loyal Subjects, the Commons of the United Kingdom ofGreat 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 Sums 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 There may be applied for the Service of the Year ending 31st March 1867 the Sum of 19,661,630l 15s 3d out of the Consolidated Fund.
1. There may be issued and applied, for or towards making good the Supply granted to Her Majesty for the Service of the Year ending on the Thirty-first Day ofMarch One thousand eight hundred and sixty-seven, the Sum of Nineteen million six hundred and sixty-one thousand six hundred and thirty Pounds Fifteen Shillings and Threepence out of the Consolidation Fund of the United Kingdom of Great Britain and Ireland , and the Commissioners of Her Majesty's Treasury for the Time being are hereby empowered to issue and apply the same accordingly.
2 The Treasury may cause 19,661,630l 15s 3d of Exchequer Bills to be made out in manner prescribed by 48 G. 3. c. 1., 4 & 5 W. c. 15., and 5 & 6 Vict. c. 66.
2. The Commissioners of Her Majesty's Treasury may from Time to Time, by Warrant under their Hands, direct any Number of Exchequer Bills to be made out at the Receipt of Her Majesty's Exchequer for any Sum or Sums of Money not exceeding in the whole the Sum of Nineteen million six hundred and sixty-one thousand six hundred and thirty Pounds Fifteen Shillings and Threepence, and such Exchequer Bills shall be made out in the same or like Manner, Form, and Order, and according to the same or like Rules and Directions, as are directed and prescribed in an Act passed in the Forty-eighth Year of the Reign of His Majesty KingGeorge the Third, Chapter One, and in another Act passed in the Session of Parliament holden in the Fourth and Fifth Years of the Reign of His late Majesty King William the Fourth, Chapter Fifteen, and in another Act passed in the Session of Parliament holden in the Fifth and Sixth Years of the Reign of Her present Majesty, Chapter Sixty-six.
3 The Clauses, &c. in recited Acts extended to this Act.
3. All and every the Clauses, Provisoes, Powers, Privileges, Advantages, Penalties, Forfeitures, and Disabilities contained in the said Acts shall be applied and extended to the Exchequer Bills to be made out in pursuance of this Act as fully and effectually, to all Intents and Purposes, as if particularly repeated and re-enacted in this Act.
4 Interest on Exchequer Bills.
4. The Exchequer Bills to be made out in pursuance of this Act may bear an Interest not exceeding the Rate of Threepence Halfpennyper Centum per Diem upon or in respect of the whole of the Moneys respectively contained therein.
5 Bank of England may advance 19,661,630l 15s 3d on the Credit of this Act, notwithstanding 5 & 6 W. & M. c. 20.
5. The Governor and Company of the Bank ofEngland may receive the Exchequer Bills authorized to be made out in pursuance of this Act, and may advance to Her Majesty, at the Receipt of the Exchequer, upon the Credit of the Sum granted by this Act out of the Consolidated Fund of the United Kingdom of Great Britain and Ireland , any Sum or Sums of Money not exceeding in the whole the Sum of Nineteen million six hundred and sixty-one thousand six hundred and thirty Pounds Fifteen Shillings and Threepence, anything in an Act passed in the Fifth and Sixth Years of the Reign of King William and Queen Mary, Chapter Twenty, or in any other Act or Acts, to the contrary notwithstanding.
6 Bills prepared by virtue of this Act to be delivered to the Bank, as Security for such Advances.
6. The Commissioners of Her Majesty's Treasury may cause such Exchequer Bills as shall be prepared by virtue of this Act to be delivered from Time to Time to the Governor and Company of the Bank ofEngland , in such Proportions as the Public Service may require, as Security for any Advance which may be made to Her Majesty by the said Governor and Company of the Bank of England under the Authority of this Act.
7 Moneys raised by Exchequer Bills to be applied to the Services voted by the Commons.
7. The Commissioners of Her Majesty's Treasury may issue and apply from Time to Time all such Sums of Money as shall be raised by Exchequer Bills to be made out in pursuance of this Act to such Services as then shall have been voted by the Commons of the United Kingdom ofGreat Britain and Ireland in this present Session of Parliament.
8 Exchequer Bills made chargeable upon the growing Produce of the Consolidated Fund.
8. The Principal Sum or Sums of Money to be contained in all such Exchequer Bills to be made out and issued by virtue of this Act, together with the Interest that may become due thereon, shall be charged upon the growing Produce of the Consolidated Fund of the United Kingdom ofGreat Britain and Ireland at any Period not later than the next succeeding Quarter to that in which the said Exchequer Bills may have been issued; and the Commissioners of Her Majesty's Treasury may from Time to Time, by Warrant under their Hands, direct the Comptroller General of the Receipt of the Exchequer, in such Manner as they shall think necessary, to grant a Credit on the Exchequer Funds in the Bank of England unto such Person or Persons as shall be named in the said Warrant for any Sum or Sums of Money not exceeding in the whole a Sum sufficient to discharge and pay off the Principal Sum or Sums of Money contained in such Exchequer Bills then outstanding, and which may have been issued by virtue of this Act, together with all such Interest as may be due thereupon.
9 Treasury may apply for the Service of the Year 1866-7 767,600l 2s 4d Surplus of Ways and Means.
9. There may be issued and applied, for or towards making good the Supply granted to Her Majesty for the Service of the Year ending the Thirty-first Day ofMarch One thousand eight hundred and sixty-seven, the Sum of Seven hundred and sixty-seven thousand six hundred Pounds Two Shillings and Fourpence, being the Surplus of Ways and Means granted for the Service of preceding Years, and the Commissioners of Her Majesty's Treasury may issue and apply the same accordingly.
10 Schedule \(A.) \(Part 1st.)
10. All the Moneys coming into the Exchequer of the United Kingdom ofGreat Britain and Ireland , by the Acts set forth in PartI. of the Schedule (A.) to this Act, amounting in the aggregate to the Sum of Forty million five hundred and sixty seven thousand and two Pounds Seventeen Shillings and Sevenpence, are hereby appropriated and may be issued and applied for or towards the several Purposes expressed in Part II. of the said Schedule, and herein-after more particularly set forth.
11 There may be issued to make good Advances from Treasury Chest, &c., on account of War in New Zealand, 764,829l
11. Out of all or any the Aids or Supplies aforesaid there may be issued and applied any Sum or Sums of Money not exceeding Seven hundred and sixty-four thousand eight hundred and twenty-nine Pounds to make good Advances from the Treasury Chest inNew Zealand and from Army Grants on account of Expenses caused by the War in that Colony in the Year ended the Thirty-first Day of March One thousand eight hundred and sixty-six.
12 Deficiencies on certain Grants for Civil Services to 31st March 1865, 374,753l 17s 7d Schedule \(B.)
12. Out of all or any the Aids or Supplies aforesaid there may be issued and applied any Sum or Sums of Money not exceeding Three hundred and seventy-four thousand seven hundred and fifty-three Pounds Seventeen Shillings and Sevenpence to make good Deficiencies on certain Grants for Civil Services for prior Years ended on the Thirty-first Day ofMarch One thousand eight hundred and sixty-five, mentioned in the Schedule (B.) to this Act.
13 Navy Services, 10,434,735l Schedule \(C.)
13. Out of all or any the Aids or Supplies aforesaid there may be issued and applied any Sum or Sums of Money not exceeding Ten million four hundred thirty-four thousand seven hundred and thirty-five Pounds for or towards the Navy Services more particularly mentioned in the...
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