Consolidated Fund (No. 1) Act 1946
| Jurisdiction | UK Non-devolved |
| Citation | 1946 c. 33 |
| Year | 1946 |
Consolidated Fund (No. 1) Act, 1946
(9 & 10 Geo. 6.) CHAPTER 33.
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 and forty-six and one thousand nine hundred and forty-seven.
[26th March 1946]
Most Gracious Sovereign,
W E, Your Majesty's most dutiful and loyal subjects, the Commons of the United Kingdom 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 hereinafter 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, land by the authority of the same, as follows:—
1 Issue of 27,821,848 out of the Consolidated Fund for the service of the year ending 31st March, 1946.
1. The Treasury may issue out of the Consolidated Fund of the United Kingdom 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 forty-six, the sum of twenty-seven million, eight hundred and twenty-one thousand, eight hundred and forty-eight pounds.
2 Issue of 1,615,885,000 out of the Consolidated Fund for the service of the year ending 31st March, 1947.
2. The Treasury may issue out of the Consolidated Fund of the United Kingdom 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 forty-seven, the sum of one thousand six hundred and fifteen million, eight hundred and eighty-five thousand pounds.
3 Power for the Treasury to borrow.
(1) The Treasury may borrow from any person by the issue of Treasury Bills or otherwise, 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 one thousand six hundred and forty-three million, seven hundred and six thousand, eight hundred and forty-eight...
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