Consolidated Fund (No. 1) Act 1932
| Jurisdiction | UK Non-devolved |
| Citation | 1932 c. 14 |
| Year | 1932 |
Consolidated Fund (No. 1) Act, 1932.
(22 & 23 Geo. 5.) CHAPTER 14.
All 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 thirty-one, one thousand nine hundred and thirty-two and one thousand nine hundred and thirty-three.
[24th March 1932]
Most Gracious Sovereign,
We , 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 sum 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, and by the authority of the same, as follows:—
1 Issue of 513,847l. 4s out of the Consolidated Fund for the service of the years ending 31st March 1931 and 1932.
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 years ending on the thirty-first day of March one thousand nine hundred and thirty-one and one thousand nine hundred and thirty-two, the sum of five hundred and thirteen thousand eight hundred and forty-seven pounds four shillings.
2 Issue of 201,608,000l out of the Consolidated Fund for the service of the year ending 31st March 1933.
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 thirty-three, the sum of two hundred and one million six hundred and eight 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 sum, any sum or sums not exceeding in the whole two hundred and two million one hundred and...
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