Public Money Drainage Act 1850

Treasury may advance 800,000l. for Drainage and Works of public Utility in Ireland.

XI. ‘And whereas it is expedient to authorize the Advance of a further Sum of Money for the Extension and Promotion of Works of Drainage and other Works of public Utility in Ireland:’ Be it therefore enacted, That it shall be lawful for the said Commissioners of Her Majesty‘s Treasury to issue and advance out of the growing Produce of the said Consolidated Fund, in addition to the Sums already authorized to be advanced for the Purposes herein-after mentioned, such further Sum or Sums of Money, not exceeding in the whole the Sum of Eight hundred thousand Pounds, as may from Time to Time be required for the Extension and Promotion of Drainage and other Works of public Utility in Ireland; or if the Commissioners of Her Majesty’s Treasury so think fit, it shall be lawful for them to cause any Number of Exchequer Bills to be made out at the Receipt of the Exchequer at Westminster for any Sums of Money not exceeding in the whole the Sum of Eight hundred thousand Pounds, as they shall think fit to direct, for the Purposes last aforesaid; but provided that the whole Amount of such Advances out of the Consolidated Fund and by Exchequer Bills shall not together exceed the said Sum of Eight hundred thousand Pounds; and the Advances to be so made shall be applied for the Purpose of the Loans which the Commissioners of Public Works in Ireland may be called upon to make under the Provisions of the Acts now in force authorizing Loans to be made for the Extension and Promotion of Drainage and other Works of public in Utility in Ireland.