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Finance.
32 & 33 Vict. c. 42.
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8. For the purpose of carrying this Act into effect, the Commissioners of Church Temporalities in Ireland shall, out of the property accruing to the Commissioners under the Irish Church Act, 1869, when and as required by the Board, provide for the use of the Board, either in cash or in securities or rentcharges of an equivalent value, such amount, not exceeding in the whole one million of pounds sterling, as the Board shall estimate to be required for the purposes of this Act.
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[1]
The annual income arising from the amount so provided shall be applied by the Board for the purposes of this Act, and if and so far as the same shall not in each or any year be required to be so applied, the same shall be invested by the Board by way of accumulation in the purchase of Government securities.
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