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Sums herein mentioned

issued towards the Supply for

the Service of 1823.

Supplies which we have cheerfully granted to Your Majesty in this Session of Parliament, have resolved to give and grant unto Your Majesty the Sums hereinafter mentioned;' And do therefore most humbly beseech Your Majesty that it may be enacted; and be it enacted by the King'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, That there shall and may be issued and applied for or towards making good the Supply granted to His Majesty for the Service of the United Kingdom of Great Britain and Ireland for the Year One thousand eight hundred and twenty three, the Sum of Eight millions seven hundred thousand Pounds out of the growing Produce of the Consolidated Fund of the United Kingdom of Great Britain and Ireland, arising after the Fifth Day of April One thousand eight hundred and twenty three, being the estimated Amount of the Surplus of the future Income of the said Fund over the future Annual Charge thereon; and also the Sum of Fifty nine thousand one hundred and ninety two Pounds Sixteen Shillings and Sixpence Three Farthings, out of the Money in the Exchequer applicable to the Service of the Years One thousand eight hundred and seventeen, and One thousand eight hundred and eighteen; that is to say, the Sum of Thirty nine thousand one hundred and ninety two Pounds Sixteen Shillings and Sixpence Three Farthings out of the Money applicable to the Service of the Year One thousand eight hundred and seventeen, and the Sum of Twenty thousand Pounds out of the Money applicable to the Service of the Year One thousand eight hundred and nineteen; and also the Sum of Four hundred and sixty nine thousand and forty seven Pounds Seventeen Shillings and Ten Pence Halfpenny, out of the Money in the Exchequer or remaining to be received on account of the Supplies granted for the Years One thousand eight hundred and seventeen, One thousand eight hundred and eighteen, One thousand eight hundred and twenty, One thousand eight hundred and twenty one, and One thousand eight hundred and twenty two; that is to say, the Sum of Twenty thousand six hundred and sixty six Pounds Six Shillings and Two Pence Three Farthings out of the Supplies granted for the Service of the Year One thousand eight hundred and seventeen; the Sum of Forty four thousand one hundred and twenty Pounds Four Shillings and Three Pence Three Farthings out of the Supplies granted for the Service of the Year One thousand eight hundred and eighteen; the Sum of Eight thousand eight hundred and ninety two Pounds One Shilling and One Penny Farthing out of the Supplies granted for the Service of the Year One Thousand eight hundred and twenty; the Sum of One hundred and fifty two thousand seven hundred and twenty Pounds Eight Shillings and Three Pence Halfpenny out of the Supplies granted for the Service of the Year One thousand eight hundred and twenty one; and the Sum of Two hundred and forty two thousand six hundred and forty eight Pounds Seventeen Shillings and Eleven Pence Farthing out of the Supplies granted for the Service of the Year One thousand eight hundred and twenty two; and also the Sum of Four millions eight hundred thousand Pounds to be paid into the Exchequer at Westminster by virtue of an Act

passed

chequer Bills issued for carrying on Public Works pursuant to 57 G.3. and also the Balance paid by

respect of Ex

c.34. & c.124.;

passed in the last Session of Parliament, intituled An Act for apportioning the Burthen occasioned by the Military and Naval Pensions and Civil Superannuations, by vesting an equal Annuity in Trustees for the Payment thereof; and also any Sum or Sums of Also any Sum Money which may have been or which may be paid into the paid into the Receipt of the Exchequer before the Fifth Day of April One Exchequer in thousand eight hundred and twenty four, in respect of Exchequer Bills issued pursuant to Two Acts passed in the Fifty seventh Year of the Reign of His late Majesty, to authorize the Issue of Exchequer Bills for the carrying on Public Works and Fisheries in the United Kingdom; and also the Balance remaining in the Receipt of his Majesty's Exchequer, or which may be advanced and paid into the same by the Governor and Company of the Bank of England on or before the Fifth Day of April One thou- the Bank pursand eight hundred and twenty four, pursuant to an Act passed in suant to 56 G.3. the Fifty sixth Year of the Reign of His late Majesty, intituled c.97. An Act to authorize the advancing for the Public Service a Proportion of the Balance that shall remain from time to time in the Bank of England, for the Payment of the Dividends on account of the Public Debt, for Lottery Prizes or Benefits not claimed, and Principals of Stocks and Annuities remaining unclaimed; provided that if at any Time the said Balance shall be reduced to a less Sum than One hundred thousand Pounds, then so much of the Monies advanced by the said Governor and Company shall be repaid to them as shall be equal to the Sum by which the said Balance shall be less than the Sum of One hundred thousand Pounds; and the Commissioners of His Majesty's Treasury of the United Kingdom of Great Britain and Ireland now or for the time being, or any Three or more of them, or the Lord High Treasurer of the United Kingdom of Great Britain and Ireland for the time being, are or is hereby authorized and empowered to issue and apply the same accordingly.

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CA P. XXII.

An Act to confirm an Agreement entered into by the Trustees under an Act of the last Session of Parliament, for apportioning the Burthen occasioned by the Military and Naval Pensions, and Civil Superannuations, with the Governor and Company of the Bank of England. [2d May 1823.]

WHEREAS an Act passed in the last Session of Parliament, 3 G.4. c.51.

intituled An Act for apportioning the Burthen occasioned

by the Military and Naval Pensions, and Civil Superannuations, by vesting an equal Annuity in Trustees for the Payment thereof:

the Trustees
under the said

Act with the
Bank.

• And Whereas the Trustees nominated and appointed by the Agreement by 'said recited Act have entered into an Agreement with the • Governor and Company of the Bank of England, to the Tenor and Effect following; that is to say, An Agreement, made the Twenty seventh Day of March One thousand eight hundred and twenty three, between the undersigned, Three of the • Trustees nominated and appointed by the Act of the Third of George the Fourth, Chapter the Fifty first, intituled An Act for apportioning the Burthen occasioned by the Military and Naval

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Pensions,

Pensions, and Civil Superannuations, by vesting an equal Annuity ' in Trustees for Payment thereof, of the one Part, and the Governor and Company of the Bank of England of the other Part: . Whereas the said Trustees and the said Governor and Company have treated and agreed for the Sale by the said Trustees, and for the Purchase by the said Governor and Company, of the Sum of Five hundred and eighty_five thousand seven hundred and forty Pounds per Annum, Part of the Annuity of Two millions eight hundred thousand Pounds created by the said Act, for the remaining Term of Forty four Years to come of 'such Annuity from the Fifth Day of April One thousand eight • hundred and twenty three, in consideration of the following Payments to be made into the Receipt of His Majesty's Exchequer, by the said Governor and Company, at the under⚫ mentioned Dates; that is to say,

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'One thousand eight hundred and twenty three:

• Fifteenth April

• Fifteenth July

• Twentieth October

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Eight hundred and eighty five thousand seven hundred and nineteen Pounds;

One million two hundred and twenty five thousand Pounds;

Sixty seven thousand eight hundred and seventy Pounds:

One thousand eight hundred and twenty

• Fifteenth January

• Fifteenth April

• Fifteenth July

• Twentieth October ·

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four:

One million one hundred and seventy five thousand Pounds;

Sixty seven thousand eight hundred and seventy Pounds;

One million one hundred and seventy five thousand Pounds;

Twenty seven thousand eight hundred and seventy Pounds: 'One thousand eight hundred and twenty • Fifteenth January

• Fifteenth April

• Fifteenth July

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five:

One million one hundred and thirty five thousand Pounds;

Twenty seven thousand eight hundred and seventy Pounds;

One million one hundred and thirty thousand three hundred and seventy Pounds:

'One thousand eight hundred and twenty six :

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Fifteenth January

• Fifteenth July

One million ninety seven thousand eight hundred and seventy Pounds; One million sixty seven thousand eight hundred and seventy Pounds:

'One thousand eight hundred and twenty seven : • Fifteenth January

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One million thirty seven thousand eight hundred and seventy Pounds; Nine hundred ninety two thousand eight hundred and seventy Pounds: • One thousand eight hundred and twenty eight: Fifteenth January

Nine hundred forty seven thousand eight hundred and seventy Pounds;

• Fif

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• Fifteenth July

One million twenty seven thousand
five hundred Pounds:

And it has been agreed between the said Trustees and the ⚫ said Governor and Company, subject to the Approbation of and the Confirmation of these Presents by Parliament, that the said < Trustees shall and will, on or before the Fifteenth Day of April next, transfer to the said Governor and Company, in the < Books to be kept at the Bank of England for the entering and 'transferring of such Part or Parts of the said Annuity as shall < be sold as directed by the said Act, the Sum of Five hundred eighty five thousand seven hundred and forty Pounds per Annum, Part of the said Annuity of Two million eight hundred ⚫ thousand Pounds created by the said Act; and that the said Governor and Company shall pay into the Receipt of His < Majesty's Exchequer, to the Credit of the said Trustees, the 'said several Payments above mentioned, in the present and in < each of the said Five ensuing Years, on the several Days here<inbefore stipulated, and ending the Fifteenth Day of July One <thousand eight hundred and twenty eight; and that it shall be lawful for the said Governor and Company, and they are hereby authorized and empowered, at any Time or Times after the 'said Sum of Five hundred and eighty five thousand seven hundred and forty Pounds, Part of the said Annuity of Two • million eight hundred thousand Pounds, shall be so transferred ⚫ into their Names by the said Trustees, to sell, assign and transfer any Part or Parts, Portion or Portions, of the said Annuity so to be transferred into their Names as aforesaid, to any Person or Persons, Body or Bodies Politic or Corporate whomsoever, freed and discharged of and from the Payment by any such • Person or Persons, Body or Bodies Politic or Corporate, of the then remaining Sums hereinbefore stipulated to be paid by the said Governor and Company into the Receipt of His Majesty's Exchequer: And Whereas it is expedient that the Reasons for said Agreement should be confirmed by Parliament: And passing this Whereas the Commissioners of His Majesty's Treasury of the United Kingdom of Great Britain and Ireland did, on the Fifteenth Day of January One thousand eight hundred and twenty three, under the Provisions of the said recited Act, advance to the Trustees nominated and appointed by the said <recited Act the Sum of One million and fifty thousand Pounds, in Exchequer Bills, to enable them to complete the Payment then becoming due from the said Trustees under the Provisions of the said recited Act; and it is expedient and proper that the said Trustees should, with the Money to be paid into the Exchequer on their Account, under the said Agreement, by the said Governor and Company of the Bank of England, on the Fifteenth Day of April One thousand eight hundred and twenty three, and also with the Sum of One million four hundred thousand Pounds, being the Half Year's Dividend of the Annuity of Two million eight hundred thousand Pounds becoming due to the said Trustees on the Fifth Day of April One thousand eight hundred and twenty three, pay on the said Fifteenth Day of April One thousand eight hundred and twenty

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E 4

'three

Act.

Agreement with the Bank

confirmed.

Bank to pay into the Exchequer the

Sums mention

ed in Agree

ment.

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three the Sum of One million two hundred and twenty five 'thousand Pounds, being the Amount of the Payment then becoming due from the said Trustees under the Provisions of the 'said recited Act, and that they the said Trustees should further pay the Sum of One million and sixty thousand seven hundred and nineteen Pounds, the Remainder of the said Sum of Eight hundred and eighty five thousand seven hundred and nineteen Pounds, and One million four hundred thousand Pounds, in Discharge of the Principal and Interest of the Exchequer Bills issued to them by the Commissioners of His Majesty's Treasury on the Fifteenth Day of January One thousand eight 'hundred and twenty three:' Be it therefore enacted by the King'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, That the said Agreement shall be and the same is hereby confirmed to be good, valid and effectual to all Intents and Purposes whatsoever.

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II. And be it further enacted, That the said Governor and Company of the Bank of England may and shall from time to time advance and pay into the Exchequer the several Sums mentioned in the said Agreement, at the respective Times in the said Agreement specified, except as to the First of the said Sums, which shall be paid immediately after the passing of this Act; and the said Governor and Company shall be entitled to and shall have and receive in lieu thereof the said Annuity or yearly Sum of Five hundred and eighty five thousand seven hundred and forty Pounds, so to be transferred to the said Governor and Company on or before the said Fifteenth Day of April One thousand eight hundred and twenty three, for the Remainder of the Term of Forty five Years, for which the Annuity of Two million eight hundred thousand Pounds was created; any thing contained in an Act passed in the Fifth and Sixth Years of the Reign of King William and Queen Mary, 5 & 6 W. & M. intituled An Act for granting to their Majesties several Rates and Duties upon Tonnage of Ships and Vessels, and upon Beer, Ale and other Liquors; and for securing certain Recompences and Advantages in the said Act mentioned to such Persons as shall voluntarily advance the Sum of One million five hundred thousand Pounds towards carrying on the War against France; or in any other Act or Acts of Parliament to the contrary thereof in anywise notwithstanding.

c. 20.

Times for Payment of Sums

into Exchequer by Trustees.

III. And be it further enacted, That in lieu of the several Sums directed by the said recited Act of the last Session of Parliament to be paid, on or before the Fifteenth Day of July One thousand eight hundred and twenty eight, into the Receipt of the Exchequer, by the Trustees under the said Act, at the various Times therein specified, the said Trustees shall and they are hereby required, on or before the Fifteenth Day of April One thousand eight hundred and twenty three, to pay into the Exchequer the Sum of One million and sixty thousand seven hundred and nineteen Pounds, in discharge of the Principal and Interest of the Exchequer Bills issued to the said Trustees by the Commissioners of His Majesty's Treasury on the Fifteenth

Day

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