Consolidated Fund Act (No. 1), 1901
| Jurisdiction | UK Non-devolved |
Consolidated Fund Act (No. 1), 1901.
(1 Edw. 7.) CHAPTER 1.
An Act to apply certain sums out of the Consolidated Fund to the service of the years ending on the thirty-first day of March one thousand nine hundred, one thousand nine hundred and one, and one thousand nine hundred and two.
[29th March 1901]
Most Gracious Sovereign,
W E, Your Majesty's most dutiful and loyal subjects, the Commons of the United Kingdom of Great Britain and Ireland in Parliament assembled, towards making good the supply which we have cheerfully granted to Your Majesty in this session of Parliament, have resolved to grant unto Your Majesty the sums herein-after mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted; and be it enacted by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal and Commons in this present Parliament assembled, and by the authority of the same, as follows:
1 Issue of 5,229,355l 2s out of the Consolidated Fund of the service of the years ending 31st March 1900 and 1901.
1. The Treasury may issue out of the Consolidated Fund of the United Kingdom of Great Britain and Ireland, and apply towards making good the supply granted to His Majesty for the service of the years ending on the 31st day of March one thousand nine hundred and one thousand nine hundred and one, the sum of five million two hundred and twenty-nine thousand three hundred and fifty-five pounds two shillings.
2 Issue of 44,721,500l out of the Consolidated Fund for the service of the year ending 31st March 1902.
2. The Treasury may issue out of the Consolidated Fund of the United Kingdom of Great Britain and Ireland, and apply towards making good the supply granted to His Majesty for the service of the year ending on the thirty-first day of March one thousand nine hundred and two the sum of forty-four million seven hundred and twenty-one thousand five hundred pounds.
3 Power to the Treasury to borrow.
3. The Treasury may borrow from any person, and the Bank of England and the Bank of Ireland may advance to the Treasury on the credit of the said sums, any sum or sums not exceeding in the whole the sum of forty-nine million nine hundred and fifty...
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