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Army Prize Fund Account.
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7. [Recital that 100,000l. Three per Cent. Consolidated Bank Annuities arisen from unclaimed and forfeited shares of army prize money, are now standing in an account at the Bank of England.] There shall be opened an account in the books of the Bank of England, to be intituled “The Stock Account of the Paymaster General and Secretary at War, as Trustees for the Army Prize Fund,” and such account shall be a public account; and upon the death, resignation, or removal of both or either of them the said Paymaster General and Secretary at War for the time being, and upon the appointment of their or his successors or successor, the balance of the said account shall vest in the then Paymaster General and Secretary at War jointly, and when and so long as the office of one only of them the said Paymaster General and Secretary at War shall be vacant, the said balance shall vest in the other of them the said Paymaster General or Secretary at War for the time being, without any transfer or act in any of the cases aforesaid.
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