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said Court of Exchequer, and to be applied in the Purchase of Commissioners other Lands or Hereditaments to be settled to the like Uses in of the Navy to pursuance of this Act, it shall be lawful for the said Court to pay Expences. order the Expences of all Purchases from time to time to be made in pursuance of this Act, or so much of such Expences as the said Court shall deem reasonable, together with the necessary Costs and Charges of obtaining such Order, to be paid by the said Commissioners of the Navy, who shall from time to time pay such Sums of Money for such Purposes as the said Court shall direct.

XVI. And be it further enacted, That no Commissioner who shall be so employed in the Execution of this Act shall be liable for or by reason of such Execution to any of the Penalties mentioned in the Act of the Twenty fifth Year of the Reign of King Charles the Second, Chapter the Second; nor the First of William and Mary, Chapter the Eighth; nor the Thirteenth and Fourteenth of William the Third, Chapter the Sixth; nor the First of George the First, Chapter the Thirteenth.

Commissioners not liable to

Penalties under 25 C. 2. c.2.

1

W. & M. c. 8. 13& 14 W. 3. c. 6., or 1 G. 1.

c.13.

XVII. Provided always, and be it enacted, That such Com- Commissioners missioners as His Majesty shall nominate for the Purposes in may sit in House this Act mentioned, or any of them, shall not by reason thereof of Commons. in any Sort be disabled or disqualified from sitting in the House of Commons, nor their Election thereby become void; any Law

or, Statute to the contrary thereof in anywise notwithstanding.

XVIII. Saving always to The King's Most Excellent Majesty, Saving for the His Heirs and Successors, all Estates, Rights, Titles, Privileges King. and Franchises, of, into and out of the Lands and Hereditaments hereinbefore mentioned, in such and the same manner as if this Act had not been made.

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CAP. CVIII.

An Act to provide for the Charge of the Addition to the
Public Funded Debt of the United Kingdom of Great
Britain and Ireland, for the Service of the Year One
thousand eight hundred and twenty one. [10th July 1821.]

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WHEREAS by an Act passed in the Fifty third Year of the 53 G. 3. c. 35.

Reign of His late Majesty King George the Third, 'intituled An Act to alter and amend several Acts, passed in His present Majesty's Reign, relating to the Redemption of the National Debt, and for making further Provisions in respect thereof, it was enacted and declared, that for the Purposes of the said § 1. • Act an Amount of Public Debt, equal to the whole Capital of the Public Debt in Perpetual Redeemable Annuities existing on the Fifth Day of January One thousand seven hundred and 'eighty six, should be deemed to be satisfied and discharged; and so much of the Capital Stock so purchased and transferred as 'therein mentioned, and standing in the Names of the Commis'sioners for the Reduction of the National Debt in the Books of 'the Governor and Company of the Bank of England, as Parliament by any Act or Acts of the said Session should or might • direct, should be cancelled in like manner as if the same had been transferred to the Commissioners for the Redemption of Land Tax pursuant to the Provisions of the several Acts • thereunto

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394

56 G. 3. c. 79.

§ 1.

C.108.

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'thereunto relating, in order to make Provision for the Charge of any Addition to be made to the Public Funded Debt of Great Britain, by way of Loan or in any other manner, for the 'Service of the Year One thousand eight hundred and thirteen ; and that when and so soon as such a further Amount of the Capital Funded Debt of Great Britain should have been pur'chased by the said Commissioners, or transferred to them for the Redemption of Land Tax, or the Purchase of Life Annuities, 'as, together with the Amount so already purchased or transferred as aforesaid, should have produced an Interest or yearly Dividend equal in Amount to the whole Annual Charge, in Perpetual 'Redeemable Annuities, of the Public Debt of Great Britain existing on the Fifth Day of January One thousand seven hundred and eighty six, the said Commissioners should thereupon certify and declare the same to the Lord High Treasurer or Commissioners of the Treasury of the United Kingdom of • Great Britain and Ireland for the Time being, who should cause the said Certificate and Declaration to be published in the • London Gazette, and to be laid before Parliament (if Parliament 'should be then sitting), but if Parliament should not be then sitting, then within Fourteen Days after the next Meeting of • Parliament; and so from time to time whenever such a further Amount of the Capital Funded Debt of Great Britain should have been purchased or transferred as aforesaid as should be equal to the whole Capital, and should have produced an Interest or yearly Dividend equal in Amount to the whole Annual Charge, in Perpetual Redeemable Annuities, of each Loan con'tracted since the said Fifth Day of January One thousand seven hundred and eighty six, the said Commissioners should from time to time thereupon in like manner certify and declare the same to the Lord High Treasurer or Commissioners of the Treasury for the Time being, who should in like manner cause every < such Certificate and Declaration to be published in the London Gazette, and to be laid before Parliament; and whenever any such Certificate and Declaration should have been so made, published and laid before Parliament as aforesaid, the Amount of Public Debts, to which such Certificate and Declaration ́should relate, should from time to time be deemed and taken to be wholly satisfied and discharged, and an equal Amount of Capital Stock, standing in the Names of the said Commissioners in the Books of the Governor and Company of the Bank of England, or of the South Sea Company, should be considered to be redeemed by Parliament, and should from time to time be cancelled as above mentioned, at such Times and in such • Proportions as should be directed by any Act or Acts of Parlia'ment to be passed for that Purpose, in order to make Provision for the Charge of any Addition to be made to the Public Funded Debt of Great Britain, by way of Loan or in any other manner : ‹ And Whereas by an Act passed in the Fifty sixth Year of the Reign of His said late Majesty, intituled An Act to alter and • amend several Acts relating to the Redemption of the National • Debt of Ireland, and to make further Provision in respect thereof, it is enacted and declared, that for the Purposes of the said Act, an Amount of Public Debt equal to the whole Capital of

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the Public Debt of Ireland, in Perpetual Redeemable An'nuities, existing on the Twenty fifth Day of March One ' thousand seven hundred and ninety seven, shall be deemed to be satisfied and discharged; and that so much of the Capital 'Stock purchased by and placed to the Account of the Commis'sioners for the Reduction of the National Debt of Ireland, and then standing in the Names of the said Commissioners in the Books of the Governor and Company of the Bank of Ireland, as Parliament, by any Act or Acts to be passed for that Purpose, 'shall or may direct, shall be cancelled; and that the Interest or • Dividends which shall have been payable on such Stock shall • thenceforth cease to be issued from the Receipt of the Exchequer of Ireland, or to be charged on the Consolidated Fund of • İreland; and the Money which would have been applicable to the Payment thereof shall remain and be a Part of the growing Produce of the Consolidated Fund of Ireland, in order to make 'Provision for the Charge of any Addition to be made to the 'Public Debt of Ireland, by way of Loan or in any other manner, for the Service of the present or any future Year; and that from time to time whenever such a further Amount of the Capital Funded Debt of Ireland shall have been purchased by and placed to the Account of the said Commissioners as shall be equal to the whole Capital in Perpetual Redeemable An'nuities, and shall have produced an Interest or yearly Dividend equal in Amount to the whole Annual Charge of each Loan • contracted since the said Twenty fifth Day of March One thou'sand seven hundred and ninety seven, the said Commissioners • shall thereupon from time to time certify and declare the same to the Lord High Treasurer or Commissioners of the Treasury for the time being, who shall cause the said Certificate and Declaration to be published in the London and Dublin Gazettes, and to be laid before Parliament (if Parliament shall be then sitting), 'but if Parliament shall not be then sitting, then within Fourteen 'Days after the next Meeting of Parliament; and whenever any • such Certificate and Declaration shall have been so made, pub'lished and laid before Parliament as aforesaid, the Amount of • Public Debt to which such Certificate and Declaration shall ' relate, shall from time to time be deemed and taken to be wholly 'satisfied and discharged, and an equal Amount of Capital Stock, standing in the Names of the said Commissioners in the Books of the Governor and Company of the Bank of Ireland, shall be 'considered to be redeemed by Parliament, and shall from time to time be cancelled, at such Times and in such Proportions as 'shall be directed by any Act or Acts of Parliament to be passed for that Purpose, in order to make Provision for the Charge of any Addition to be made to the Public Debt of Ireland by way

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' of Loan or in any other manner: And Whereas by an Act

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.

passed in the Fifty sixth Year of the Reign of His said late 56 G. 3. c.98. Majesty, intituled An Act to unite and consolidate into one Fund

• all the Public Revenues of Great Britain and Ireland, and to provide for the Application thereof to the general Service of the

• United Kingdom, it is among other things enacted, that from § 14.

• and after the Fifth Day of January One thousand eight hundred

' and seventeen, the Commissioners for the Reduction of the

• National

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• National Debt of Great Britain shall be and become Commissioners for the Reduction of the National Debt of the United Kingdom of Great Britain and Ireland, which by the said Act is ' declared to be one joint consolidated Debt; and that the said • Commissioners shall have all such Powers and Authorities as are or may be given in and by any Act or Acts in force in Great • Britain or Ireland relative to the Reduction of the National • Debt of Great Britain, or the National Debt of Ireland; and that the several Sums which, under and by virtue of several • Acts in force in Great Britain and Ireland respectively, are required to be set apart at the Receipt of the Exchequer of • Great Britain, and the Receipt of the Exchequer of Ireland respectively, on Account of the Commissioners for the Re'duction of the National Debt of Great Britain, and of the • National Debt of Ireland, shall continue to be so set apart; ' and that all such Sums so set apart, or any Part or Parts 'thereof, shall and may be issued and paid from time to time ' into the Bank of England, or into the Bank of Ireland, as shall 'be directed and required by the Lord High Treasurer, or the • Commissioners of His Majesty's Treasury of the United Kingdom ' of Great Britain and Ireland for the Time being; and shall be from time to time applied, under the Direction of the Com'missioners for the Reduction of the National Debt, in the Pur'chase of such Capital Stock, Funds, Debentures or Annuities, or 'towards any Public Loan, either in Great Britain or Ireland, as 'shall seem most expedient to the said Commissioners for the • Reduction of the National Debt of the United Kingdom; and that the Orders of the said Commissioners for the Reduction of 'the National Debt of the United Kingdom shall at all Times be sufficient Authority to the Governor and Company of the • Bank of England, and of the Bank of Ireland, for the Appli'cation of any Part of the Money from time to time remaining in the Bank of England, or Bank of Ireland, on account of the 'said Commissioners, to the Purchase of any Stock, Funds, Debentures or Annuities, or towards any Public Loan in Great 1 & 2 G.4. c. 70. Britain or Ireland: And Whereas by an Act passed in the present Session of Parliament, intituled An Act for raising a • Loan of Thirteen Millions from the Commissioners for the Reduction of the National Debt, the Sum of Twelve millions five

§ 1.

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hundred thousand Pounds of the said Loan is to be raised in
• Great Britain, and the Sum of Five hundred thousand Pounds
(being Five hundred and forty one thousand six hundred and
sixty six Pounds Thirteen Shillings and Four Pence Irish Cur-
rency) is to be raised in Ireland: And Whereas the Charge
' of the said Sum of Twelve millions five hundred thousand
• Pounds, to be raised in Great Britain, will amount to the Sum
• of Six hundred and fifty one thousand eight hundred and seventy
'five Pounds; and the Charge of the said Sum of Five hundred
and forty one thousand six hundred and sixty six Pounds
• Thirteen Shillings and Four Pence Irish Currency, to be raised
• in Ireland, will amount to the Sum of Twenty nine thousand and
sixty Pounds Twelve Shillings and Sixpence Irish Currency:
• And Whereas by Certificates and Declarations made, published
• and laid before Parliament pursuant to the said recited Acts,
• such

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such an Amount of the Public Debt in Great Britain and 'Ireland respectively appears to have been satisfied and discharged, that the Sums hereinafter mentioned, standing in the • Names of the said Commissioners for the Reduction of the 'National Debt in the Books of the Banks of England and Ireland respectively, may be considered as redeemed by Parliament, and may be cancelled at the Times and in the Proportions hereinafter mentioned, in order to make Provision for such Charges in the manner directed by the said recited Acts;' 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 Sum of Ten millions seven hun- 10,716,1461. dred and sixteen thousand one hundred and forty six Pounds, Three per Cent. Three Pounds per Centum Consolidated Annuities, standing in the Consols, standNames of the Commissioners for the Reduction of the National ing in the Debt in the Books of the Governor and Company of the Bank of Commissioners England, shall, from and after the Fifth Day of July One thousand for the Reduceight hundred and twenty one, be cancelled, and that the Sum tion of the of Eleven millions and thirteen thousand and twenty one Pounds, Three Pounds per Centum Reduced Annuities, standing in the Debt, and

Names of the

National

11,013,0211.
Three per

Cents. Re

cancelled, at

Names of the said Commissioners in the Books of the said Governor and Company of the Bank of England, shall also be cancelled from and after the following Periods respectively; that duced, also is to say, Two millions seven hundred and sixteen thousand one standing in their Names, to be hundred and forty six Pounds from and after the Fifth Day of April One thousand eight hundred and twenty one, and Eight the Periods and millions two hundred and ninety six thousand eight hundred and in the Proporseventy five Pounds from and after the Tenth Day of October One tions herein thousand eight hundred and twenty one; and that the Sum of mentioned. Eight hundred and thirty thousand three hundred and four Pounds, Three Pounds and Ten Shillings per Centum Annuities, standing in the Names of the said Commissioners in the Books of the Governor and Company of the Bank of Ireland, shall, from and after the Fifth Day of July One thousand eight hundred and twenty one, be cancelled; and that the Interest or Dividends, which would have been payable on the several Sums so cancelled, shall from those Days respectively cease to be issued from the Receipt of the Exchequer at Westminster and Dublin respectively, or to be charged upon the Consolidated Fund of the United Kingdom of Great Britain and Ireland; and the Money which would have been applicable to the Payment thereof shall remain and be a Part of the growing Produce of the Consolidated Fund of the United Kingdom of Great Britain and Ireland, for the Purpose of defraying the Charge occasioned by the Additions made or to be made to the Public Funded Debt of the United Kingdom in the present Year.

CA P. CIX.

An Act for better securing the Duties of Excise on Tobacco. [10th July 1821.] WHEREAS it is expedient to alter and amend the Laws for securing the Payment of the Duties imposed upon Tobacco;' Be it therfeore enacted by The King's Most Excellent Majesty,

W

4.

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