Consolidated Fund (No. 2) Act 1953
| Jurisdiction | UK Non-devolved |
| Citation | 1953 c. 8 |
| Year | 1953 |
Consolidated Fund (No. 2) Act, 1953.
(1 & 2 Eliz. 2) CHAPTER 8
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 fifty-two, one thousand nine hundred and fifty-three and one thousand nine hundred and fifty-four.
[26th March 1953]
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 sums hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted, and be it enacted by the Queen'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 89,798,070 17s 10d out of the Consolidated Fund for the service of the years ending 31st March, 1952 and 1953.
1. The Treasury may issue out of the Consolidated Fund of the United Kingdom and apply towards making good the supply granted to Her Majesty for the service of the years ending on the thirty-first day of March, one thousand nine hundred and fifty-two and one thousand nine hundred and fifty-three, the sum of eighty-nine million, seven hundred and ninety-eight thousand and seventy pounds, seventeen shillings and tenpence.
2 Issue of 1,634,246,200 out of the Consolidated Fund for the service of the years ending 31st March, 1954.
2. The Treasury may issue out of the Consolidated Fund of the United Kingdom and apply towards making good the supply granted to Her Majesty for the service of the year ending on the thirty-first day of March, one thousand nine hundred and fifty-four, the sum of one thousand six hundred and thirty-four million, two hundred and forty-six thousand, two hundred 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...
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