Page:Ruffhead - The Statutes at Large - vol 5.djvu/610

 572 C. 3. Anno duodecimo Georgii Regis. A. D. 1725. No Fee. XXIV. And it is hereby enacted by the Authority aforefaid, That no Fee or Gratuity whatfoever fhall or may be demanded or taken of any of his Majefty's Subjects for paying the faid Annuities of three Pounds per Centum per Annum, or any of them, by the faid Cafhier for the Time being ; and that no Fee or Gra- tuity fhall be demanded or taken for any Transfer of any Sum, great or fmall, to be made in Purfuance of this Act ; upon Pain that any Officer or Perfon offending, by taking any Fee or Gratuity contrary to this Act, fhall forfeit the Sum of twenty Pounds to the Party grieved, to be recovered with full Cofts in any of his Maj; fly's Courts of Record at Weftminjler. Grown may re- XXV. Provided always, and it is hereby enacted by the Authority aforefaid, That it fhall and may be deem the An- ] aw f u l to and for the King's Majefty, his Heirs or Succefibrs, at any Time, upon fix Months Notice to be given under his or their Sign Manual, and affixed upon the Royal Exchange in London, at any of the Feaft- Days of Payment of the faid Annuities, to redeem the laid Annuities, and every of them, by paying to the then Proprietors of the fame Annuities the Confideration or Purchafe- Money which was originally paid for the fame (without Deduction of the Allowance for prompt Payment) and all Arrearages of the faid Annui- ties which fhall be incurred till the Time of fuch Payment, to be made at the then next enfuing half-yearly Feaft-Day ; and that from and after fuch Payment made, or referving Money in the Exchequer ready to make fuch Payment on Demand, that then and not till then the fame Annuities and every of them fhall from thenceforth ceafe and determine, and the faid Revenues fhall be difcharged of, from and againft the fame. Appropriation of XXVI. And for the better afcertaining and fecuring the Payment of the Annuities aforefaid, Be it further the Deductions enacted by the Authority aforefaid, That all fuch Monies as fhall arife and come into the Receipt of the p 6 a' '" h h f Exchequer, of and from the Deductions of fix Pence in the Pound as aforefaid, fhall be applied and appro- Annuiciea ^ ^ priated, and the fame are hereby accordingly appropriated for and towards paying and discharging the faid Annuities, till redeemed as aforefaid, and that Half-yearly, to wit, on or within twenty Days next after the twenty-fifth Day of December, and the twenty-fourth Day of June aforefaid, in every Year, the Commif- fioners of the Treafury, or any three or more of them now being, or the High Treafurer, or any three or more of the Commiffioners of the Treafury for the Time being, fhall caufe an exact Account to be made and taken of the Monies which fhall, on or before every refpective Half-year of and in each and every refpeclive Year, have arifen and been brought into the Exchequer in the preceding Half-year, for or upon the faid Deductions ; ami that the Monies fo arifing and coming into the Exchequer in fuch preceding Half-year mail be immediately, from Time to Time, paid over to the Chief Cafhier of the Bank of Eng~- land, towards paying and difcharging the Annuities aforefaid ; and in cafe the faid Deductions- fhall at any fuch Half-year appear to be fo deficient, that the fame fhall not be able to anfwer and pay fo much as fhall then be due for or upon the faid Annuities in and by this Act: appointed and intended to be paid out of the fame, according to the true Meaning of this Act, then and in every fuch Cafe, and as often as any fuch Deficiencies fhall happen, the fame fhall be provided for, anfwered and made good by and out of any Monies- arifen or to arife from all or any the hereditary Revenues fettled and appointed for the Honour and Digr- nity of the Crown. 'Deficiency, how XXVII. Provided always, and be it further enacted, That if it fhall be found and appear, that the Mo- to be made good. n ; es ar jf ln g anc | coming into the Exchequer by the faid Deductions of fix Pence in the Pound, in every or any Year, fhallhave proved fo low and deficient, as not to have brought into the Exchequer the faid fu'l yearly Sum of thirty thoufand Pounds, that then and in every fuch Cai'e, andfo often as any fuch Deficien- cy fhall fo happen, the Arrears fhall be paid and made good out of the firft Money that fhall arife or be brought into the Exchequer for or upon the faid Deductions, after the End of fuch a Year wherein fuch Deficiency happened ; and any Sum or Sums of Money paid out of his Majefty's faid hereditary Revenue fhall be alfo replaced and paid out of the fame ; any Thing herein contained to the contrary notwith- ftanding. Surplus to re- XXVIII. Provided always, and be it enacted by the Authority aforefaid, That in cafe at the End of any mam in the Ex- one Year the Monies arifing into the Exchequer by and out of the faid Deductions of fix Pence in the Pound chequer. -fhall be more than fufficient to anfwer and pay the faid thirty thoufand Pounds per Annum, and to replace what may have been in the fame Year iflued out of the faid hereditary Revenues, towards making good the fam.3, fuch Surplus fhall from Time to Time be referved in the Exchequer, and not be thence iflued or ap- plied, but by Authority of Parliament. Provifo for the XXIX. And be it enacted by the Authority aforefaid, That the Commiffioners of his Majefty's Treafury uncancelled Ex- now being, or the Lord High Treafurer or Commiffioners of the Treafury for the Time being fhall, on or chequer- is. b e f ore t he twenty- ninth Day of September one thoufand feven hundred and twenty-fix, by and out of the rbiamr, fee Monies arifing out of the Contributions on this Act, or by and out of any other Monies granted to his Ma- fariber i&Geo. jefty for the Service of the Year one thoufand feven hundred and twenty-fix, provide and direct, that all 2. «. si. the faid Exchequer-Bills now remaining undifcharged, and fo, as aforefaid, amounting to nine hundred 3 | f i' c ' '' and ninety thoufand Pounds Principal Money, be effectually difcharged and cancelled ; and that in the mean j Ge*i e^iZ time and until the effectual Difcharging and Cancelling the fame, or referving fufficient Money in the Ex- chequer for Difcharging and Cancelling the fame upon Demand, all and every the Duties and Revenues by the faid recited Act of the eleventh Year of his Majefty's Reign appropriated for the Circulating, Exchan- ging and finally Cancelling the fame, fliall remain, continue and be fubject and liable to the Circulating, Exchanging and Cancelling the fame in the fame Manner, to all Intents and Purpofes, as they were fub- ject and liable before the Making of this Act; any thing herein before contained to the contrary thereof in in any wife notwithftanding. CAP. III. An Act for puniflting Mutiny and Defertion, and for the better Payment of the Army and their Quarters. EXP. 4 CAP. fefao.