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,
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