Page:Statutes of Canada, Victoria 31, Part 2.djvu/129

193 the amounts of specie to be held by him under the provisions of this section.

11. The Governor in Council shall, from time to time, appoint Commissioners, three for the Province of Ontario, and three for the Province of Quebec, two for Nova Scotia and New Brunswick, with such remuneration as he shall determine, whose duty it shall be to examine on the first Wednesday of every month, or on such other days as may be from time to time directed by the Governor in Council, into the number of Provincial or Dominion notes then issued and outstanding at the Branch Departments of the Receiver General, or the offices of the Banks issuing the same, at Montreal, Toronto, Halifax and St. John, respectively, and also into the amount of specie and debentures then held at the said places respectively for the redemption of such notes; and upon such examination, the said Commissioners for each of the said Provinces respectively, or any two of them, shall return the result of such examination under oath to the Auditor, who shall publish such return in the next number of the Canada Gazette; and such oath shall be in the following form, or in such other form as may from time to time be directed by order in Council, and if wilfully false shall subject the person taking the same to all the pains and penalties of the crime of perjury:

""We, A. B. &c., Commissioners for (the Province of Quebec or as the case may be) make oath and say, that on the day of A. D., 18, the Provincial or Dominion notes outstanding and in circulation from (Montreal, or as the case may be) amounted to dollars, and the Specie and Provincial or Dominion debentures then held for the redemption of such notes at (Montreal, or as the case may be) amounted to  dollars in specie and  dollars in debentures.""

12. The proceeds of the said Provincial or Dominion notes shall form part of the Consolidated Revenue Fund of Canada, and the expenses lawfully incurred under this Act shall be paid out of the said Fund.

13. The word "specie" in this Act means coin current by law of that one of the Provinces in which any Provincial or Dominion note is made payable, at the rates and subject to the provisions of the law in that behalf, or Bullion of equal value according to its weight and fineness;—and the expression "Provincial Debentures or Government Securities" in the first, second, third and sixth sections of this Act, means and includes any Debentures, which under the charter of the Bank in question may be held by it in compliance with any provision in its charter obliging it to invest a certain portion of its capital in such Debentures or Securities. 14.