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Monies received by Board of Trade, which would have been applied as Capital by Commissioners of Woods, to go towards Reduction of National Debt.
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13. All Money which is received by the Board of Trade in consequence of the Exercise of any of the Powers, Authorities, Rights, or Privileges last aforesaid, and which if this Act had not been passed would have been applied as Capital by the Commissioners of Woods, shall be applied towards the Reduction of the National Debt in such Manner as the Commissioners of the Treasury from Time to Time direct; and a Copy of every Minute or Warrant of the Commissioners of the Treasury directing any such Application shall be laid before both Houses of Parliament.
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