FREE BOOKS

Author's List




PREV.   NEXT  
|<   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212   213   214   >>  
United Kingdom: (_c._) The sum _of one hundred and ten thousand pounds_ on account of the Imperial civil expenditure of the United Kingdom: (_d._) The sum of _one million pounds_ on account of the Royal Irish Constabulary and the Dublin Metropolitan Police. (2.) During the period of _thirty_ years from this section taking; effect the said annual contributions shall not be increased, but may be reduced or cease as hereinafter mentioned. After the expiration of the said _thirty years_ the said contributions shall, save as otherwise provided by this section, continue until altered in manner provided with respect to the alteration of this Act. (3.) The Irish share of the National Debt shall be reckoned at _forty-eight million pounds_ Bank annuities, and there shall be paid in every financial year on behalf of Ireland to the Commissioners for the Reduction of the National Debt an annual sum of _three hundred and sixty thousand pounds_, and the permanent annual charge for the National Debt on the Consolidated Fund of the United Kingdom shall be reduced by that amount, and the said annual sum shall be applied by the said Commissioners as a sinking fund for the redemption of the National Debt, and the Irish share of the National Debt shall be reduced by the amount of the National Debt so redeemed, and the said annual contribution on account of the interest on and management of the Irish share of the National Debt shall from time to time be reduced by a sum equal to the interest upon the amount of the National Debt from time to time so redeemed, but that last-mentioned sum shall be paid annually to the Commissioners for the Reduction of the National Debt in addition to the above-mentioned annual sinking fund, and shall be so paid and be applied as if it were part of that sinking fund. (4.) As soon as an amount of the National Debt equal to the said Irish share thereof has been redeemed under the provisions of this section, the said annual contribution on account of the interest on and management of the Irish share of the National Debt, and the said annual sum for a sinking fund shall cease. (5.) If it appears to Her Majesty that the expenditure in respect of the army and navy of the United Kingdom, or in respect of Imperial civil expenditure of the United Kingdom, for any financial year has been less than _fifteen_ times the amount of the contributions above-named on account of the same matter,
PREV.   NEXT  
|<   191   192   193   194   195   196   197   198   199   200   201   202   203   204   205   206   207   208   209   210   211   212   213   214   >>  



Top keywords:

National

 

annual

 

amount

 

Kingdom

 
United
 
account
 

pounds

 

reduced

 

sinking

 

mentioned


redeemed

 
interest
 

contributions

 

Commissioners

 
respect
 

section

 
expenditure
 
financial
 
management
 

contribution


applied

 

million

 
Imperial
 

hundred

 

Reduction

 
thirty
 

provided

 

thousand

 
fifteen
 
Constabulary

redemption
 

Dublin

 
matter
 
annually
 

addition

 

Metropolitan

 

thereof

 

Majesty

 
appears
 

provisions


altered

 
continue
 

manner

 

alteration

 

increased

 

effect

 

taking

 

expiration

 

hereinafter

 

permanent