Recovery and Application of l'enalties.

No Fees to
Officer.

Commiffioners

may appoint

Clerks, Sec.

For defraying
Expences.

acting as such, or Minifter or Conful, or Chief Magiftrate of any Province, Town, or Place, or other Perfon authorized by this A&t to grant any Certificate of the Life or Death of any Nominee, or any Certificate or Certificates of the Officer to be appointed by the faid Commiffioners for the Reduction of the National Debt, or of any Cashier or Clerk of the Bank of England, or fhall forge or counterfeit, or fhall caufe or procure to be forged or counterfeited, or knowingly or wilfully act or affift in the forging or counterfeiting the Name or Names of any Perfon or Perfons in or to any Transfer of Bank Annuities for the Purchase of any Life Annuity, or in or to any Transfer or Acceptance of any Life Annuity in the Books of the Governor and Company of the Bank of England, or any Receipt or Difcharge for any Life Annuity, or for any Payment or Payments due or to become due thereon, or to any Letter of Attorney, or other Authority or Inftrument, to transfer or accept any Bank Annuities or Life Annuities under the Provifions of this Act, or to receive any Life Annuities, or any Payment or Payments due or to become due thereon, or fhall wilfully, falfely, and deceitfully perfonate any true and real Nominee or Nominees, or fhall wilfully deliver or produce to any Person or Persons acting under the Authority of this Act, or shall utter any fuch forged Regifter, Certificate, Affidavit, or Affirmation, knowing the fame to be forged, counterfeited, or altered, with Intent to defraud His Majefty, His Heirs and Succeffors, or any other Perfon or Perfons whomfoever, then and in every fuch Cafe all and every Perfon or Perfons fo offending, and being lawfully convicted thereof, fhall be adjudged guilty of Felony, and fhall fuffer Death as in Cafes of Felony without Benefit of Clergy.

XXVIII. And be it further enacted, That all pecuniary Penalties and Forfeitures impofed by this Act, fhall be recoverable if incurred in England, in the Name of His Majesty's Attorney General on the Part of His Majefty, by Information in the Court of Exchequer at Westminster, or (if incurred in Ireland) in the Name of His Majefty's Attorney General in the Court of Exchequer at Dublin, or (if incurred in Scotland) in the Name of His Majefty's Advocate General in the Court of Exchequer in Scotland; and fuch Penalty and Forfeiture fhall go and belong to the faid Commiffioners for the Reduction of the National Debt, and become Part of the Sinking Fund: Provided always, that it fhall be lawful for the faid Commiffioners to caufe fuch Reward as they fhall think fit, not exceeding one Moiety of any fuch Penalty or Forfeiture fo recovered, after deducting all Charges and Expences incurred in recovering the fame, to be paid thereout to any Perfon or Perfons who fhall appear to them to be entitled thereto as Informer or Informers, in refpect of fuch Penalty or Forfeiture fo recovered; any Thing herein contained to the contrary notwithstanding.

XXIX. And be it further enacted, That no Fee whatever fhall be received or taken by the Officer to be appointed as aforefaid for granting any Certificates, or for any Act, Matter, or Thing to be done by him in purfuance of this Act.

XXX. And be it further enacted, That the faid Commiffioners for the Reduction of the National Debt, fhall and they are hereby authorized and empowered to appoint fuch Officers, Clerks, and other Perfons, as may be neceffary for carrying this Act into Execution." XXXI. And be it further enacted, That it fhall be lawful for the Commiffioners of His Majefty's Treafury, or any Three or more of them, or the Lord High Treafurer for the Time being, to order and

8

direct

direct any Sum or Sums of Money to be iffued and paid out of any Aids or Supplies granted or to be granted by Parliament for the Service of the Year in which fuch Expences fhall be incurred, for the Payment of Salaries to Officers and Clerks acting in the Execution of this Act, and for discharging fuch incidental Expences as fhall neceffarily attend the Execution thereof, in fuch Manner as the faid Commiffioners of the Treasury, or any Three or more of them, or the Lord High Treafurer, fhall from Time to Time think fit and reafonable; and alfo to fettle and appoint fuch Allowances as fhall be proper for the Pains and Labour of the Cafhier or Cahiers, or other Officer or Officers of the Governor and Company of the Bank of England in the Execution of this A&; which laft-mentioned Allowances fhall be for the Ufe and Benefit of the faid Governor and Company, and at their Disposal only.

XXXII. And whereas by the faid recited Act of the Twentyfixth Year of His prefent Majefty's Reign, the Speaker of the House • of Commons, the Chancellor of His Majefty's Exchequer, the Master of the Rolls, the Accountant General of the Court of Chancery, and the Governor and Deputy Governor of the Bank of England, for the Time being refpectively were appointed Commiffioners for carrying the faid Act into Execution; be it enacted, That in addition to the Commiffioners appointed by the faid Act, the Chief Baron, or in his Abfence, any one of the Barons of His Majefty's Court of Exchequer in England, for the Time being refpectively, fhall be a Commiffioner for carrying into Execution the Purposes of the faid recited Acts of the Twenty-fixth, Thirty-fecond, and Fortyfecond Years of His prefent Majefty's Reign, and of this Act, and fhall have and be invefted with fuch and the fame Powers and Authorities in all Refpects as if the Chief Baron or Baron of the faid Court of Exchequer refpectively had been appointed a Commiffioner by the faid Act of the Twenty-fixth Year aforefaid.

XXXIII. And be it further enacted, That it fhall be lawful for any Four of the Commiffioners for the Reduction of the National Debt for the Time being, to execute and do all Matters and Things which by this Act the Commiffioners for the Reduction of the National Debt are required and empowered to do.

XXXIV. And be it further enacted, That the following Accounts fhall be prepared by the faid Commiffioners for the Reduction of the National Debt, and shall be annually laid before both Houfes of Parliament, on or before the Twenty-fifth Day of March if Parliament shall be then fitting; and if Parliament fhall not be then fitting, then within Fourteen Days after the Commencement of the then next Seffion of Parliament; videlicet, a Half-yearly Accourt of all Bank Annuities which fhall have been transferred to them for the Purchase of any Life Annuities, and of the Dividends receivable by them in refpect thereof, up to the Period of fuch Account; diftinguishing therein fo much of the faid Bank Annuities as fhall have been transferred in the Courfe of the next immediately preceding Half Year; also a Half-yearly Account of the Amount of all the Life Annuities granted by them up to the Period of fuch Account, diftinguishing therein the Amount of the Life Annuities which fhall have been granted in the Course of the next immediately preceding Half Year and also of the Amount of all the Annual Sums which, up to the Period of the faid Account, fhall, by reason of the Deaths of Nominees or otherwise, have reverted to the said Funds applicable Ii4

to

to the Reduction of the National Debt, distinguishing therein the Amount of fuch Annual Sums as fhall have fo reverted in the Course of the next immediately preceding Half Year, together with an Account of the Amount of Life Annuities then payable; and in every fuch Account shall be specified the Excefs in the whole Amount of all the Life Annuities then before granted, above the Amount of the Dividends receivable in respect of all the Bank Annuities then before transferred for the Purchase of Life Annuities, and also the Excefs (if any) in the Amount of the Life Annuities then payable above the Amount of fuch Dividends: Alfo a Half-yearly Account of the Capital Stock, which, up to the Period of fuch Account, shall have been redeemed by the Application of the Annual Sums which fhall from Time to Time have fo reverted to the said Funds by reason of the Deaths of Nominees, or otherwise, and by the Application of the accumulated Dividends of the Capital Stock thereby redeemed: Alfo an Account of the whole Amount of Three Pounds per Centum Bank Annuities, which, up to the Period of such Account, would have been redeemed by the Exceffes in the Amount of the Life Annuities, from Time to Time payable by the faid Commiffioners, above the Amount of the Dividends from Time to Time receivable by them in refpect of the Bank Annuities transferred for the Purchase of fuch Life Annuities, in cafe fuch Exceffes had been intermediately applied in the Redemption of Three Pounds per Centum Stock, in the Manner prescribed by the Laws now in force for the Redemption of the National Debt.

"Limitation of Actions, Three Months.-General Iffue.—Treble "Cofts. $35. Act may be altered this Seffion. § 36.”

SCHEDULES to which this Act refers.
SCHEDULE (A.)

FORM of the DECLARATION to be figned by Perfons defirous of purchafing Life Annuities for themselves, or on Behalf of others.

I A. B. of

do hereby declare to the Commiffioners for the Reduction of the National Debt, That I am defirous on my own Account, [or, on the Behalf of C. D.

of

the Sum of

to transfer to the faid Commiffioners £ 3 per Centum Consolidated [or Reduced] Bank Annuities, for the Purchase of a Life Annuity: And I do hereby nominate myself [or, C. D.

of

] now of the Age of

Years, to be the Perfon on the Continuance of whofe Life [or, in cafe of Two Nominees, myself, now of the Age of

of

Years, and E. F.

to be the Perfons on the Continuance of whofe Lives and the Life of the longer Liver of them] the faid Annuity is to depend, and whofe Age [or, refpective Ages, as the Cafe may be] is [or, are] certified and verified by the Certificates and Affidavits [or Affidavits] now [or, which have been before] produced.

Witness my Hand, this

Day of

SCHE

SCHEDULE (B.)

Νο

FORM of CERTIFICATE to be granted by the faid Officer,
in order to enable the 'Transfer of Stock at the Bank of
England for the Purchase of Life Annuities.

IN purfuance of an Act paffed in the Forty-eighth Year of the Reign
of His prefent Majefty, intituled [here infert the Title of the Act.]
I do hereby certify to the Governor and Company of the Bank of
England, that A. B. of
hath fignified to the
Commiffioners for the Reduction of the National Debt, his [or, her]
Defire, on his [or, her] own Behalf [or, on the Behalf of C. D.
of
to transfer the Sum
of
£3 per Centum Confolidated [or, Reduced]
Bank Annuities, to the faid Commiffioners, for the Purchase of a
Life Annuity on the Life of himself or herself [or, of C. D. as the
Cafe may be] [or, in cafe of Two Nominees, on the Lives of him or
her the faid A. B.
and of E. F. of
and the Life of the longer Liver of them,] [or, of E. F. of
and G. H. of
and the Life of the longer Liver of
them, as the Cafe may be] And I do hereby further certify, That
it hath been made appear to me, that the Age of the faid Nominee,
upon which the Amount of the faid Annuity is to be estimated accord-
ing to the Provifions of the faid Act, is

Years
[or, in cafe of Two Nominees of equal Ages, that the faid Nominees
are of equal Ages, and that the Age upon which the Amount of the
faid Annuity is to be estimated according to the Provisions of the said
A&t is
Years] [or, in cafe there fhall be Two
Nominees of unequal Ages, that the refpective Ages upon which the
Annuity is to be estimated according to the Provifions of the faid
A&t are as follows; videlicet, the Age of the faid
the younger Nominee, is
of the faid

Age of

Years; and the Age

the elder Nominee exceeds the faid the younger Nominee by more than

Years, but not by more than

Years]: And I do hereby further certify, that the Amount of the Life Annuity which will, upon the Transfer of the faid Sum of £ 3 per Centum Confolidated [or, Reduced] Bank Annuities, become payable in refpect thereof during the Life of the faid Nominee [or, of the faid Two Nominees and the Life of the longer Liver of them] is

Witnefs my Hand, this

per Annum.
Day of

SCHEDULE (C.)

FORM of CERTIFICATE of the Cafhier of the Bank of England, acknowledging the Transfer of Bank Annuities for the Purchase of Life Annuities.

IN pursuance of an Act, paffed in the Forty-eighth Year of the Reign of His prefent Majefty, intituled, An A&t [here infert the Title of the A&] I do hereby certify, that the Sum of

£3 per Centum Confolidated [or, Reduced] Bank Annuities hath been this Day transferred to the Commiffioners for the Reduction of the National Debt, by or on the Behalf of

for the Purchase of a Life Annuity under the Provifions of the faid Act.

Witnefs my Hand, this

Day of

SCHE.

SCHEDULE (D.)

Price of the 3 per Cent. Confolidated or Reduced Bank Annuities.

9.4160

40. 4 17 0

I. 4 IS O