|
Treasury may advance Money by way of Loan to the Commissioners of Drainage in aid of Deposits to pay preliminary Expences, to be repaid out of Monies borrowed for Execution of Works, or, in case no Works are undertaken, to be repaid by Memorialists.
25 G. s. c. 52.
|
X. ‘And whereas it has been found in many Cases that by reason of the Insufficiency of the Sums deposited or required to be deposited for defraying the Expence of preliminary Proceedings, and from the Difficulty experienced in procuring additional Funds until such preliminary Proceedings have been completed, great Delay has been caused, and the Commencement of many useful Works retarded;’ be it therefore enacted, That, with a view to expedite the Proceedings preliminary to the Execution of any of the Works under the said recited Acts, or this Act, it shall and may be lawful for the Commissioners of Her Majesty’s Treasury of the United Kingdom Great Britain and Ireland, on the Application of the Commissioners for the Execution of the said recited Acts and this Act, to direct that any Sum or Sums of Money, not exceeding in the whole the Sum of Five thousand Pounds in any One Year, required for the Purposes of any such preliminary Investigation and Proceedings as aforesaid by the said last-mentioned Commissioners, shall be advanced and paid to the said last-mentioned Commissioners out of the growing Produce of the Consolidated Fund of the United Kingdom of Great Britain and Ireland, and applied by the said last-mentioned Commissioners, along with the Sum which shall have been deposited or secured by any Grand Jury, Party, or Person, under the Provisions of the said first-recited Act or this Act, in making the necessary Survey, Valuation, and Investigation, and in taking all other Proceedings preliminary to the Execution of any of the Works by the said Acts or this Act authorized; and the Accounts of the Receipt, Application, and Expenditure, as well of all Monies so to be advanced and paid to the said Commissioners, as of the Sum so deposited and secured as aforesaid, shall be transmitted to the Commissioners for auditing and examining the Public Accounts of the Kingdom, for the Purpose of Examination and final Audit; and in examining, trying, and auditing each and every of the said Accounts the said Commissioners shall have all the Powers which are vested in them under an Act of the Twenty-fifth Year of the Reign of King George the Third, intituled An Act for better examining and auditing the Public Accounts of this Kingdom, and under any other Act now in force, or any Law, Usage, or Custom, or otherwise howsoever; and all and every Sums or Sum of Money so to be advanced and paid out of the Consolidated Fund aforesaid shall be repaid to the Consolidated Fund out of the first Monies to be borrowed by the said Commissioners for the Execution of the said recited Acts and this Act, for the Purpose of executing the Works towards the preliminary Expences of which the same shall have been applied as aforesaid; and in Cases where the Execution of the necessary Works shall not be proceeded with, either in consequence of the said last-mentioned Commissioners not approving of the same, or from the Want of the proper Number of Assents of Proprietors for such Purposes, the said Monies shall be repaid to the said last-mentioned Commissioners by the Party or Person who, or by the Grand Jury of the County which, shall have made Application by Memorial for the Execution of any such Works, and shall be recovered by the said last-mentioned Commissioners in such Manner as by said first-recited Act directed, and be by them paid over to the Consolidated Fund in such Manner as the Commissioners of Her Majesty’s Treasury shall direct.
|