Consolidated Fund (No. 2) Act 1957
| Jurisdiction | UK Non-devolved |
| Citation | 1957 c. 10 |
| Year | 1957 |
Consolidated Fund (No. 2) Act, 1957
(5 & 6 Eliz. 2) 10
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-six, one thousand nine hundred and fifty-seven and one thousand nine hundred and fifty-eight.
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 114,128,222 out of the Consolidated Fund for the service of the years ending 31st March, 1956 and 1957.
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-six and one thousand nine hundred and fifty-seven, the sum of one hundred and fourteen million, one hundred and twenty-eight thousand, two hundred and twenty-two pounds.
2 Issue of 1,677,923,000 out of the Consolidated Fund for the service of the year ending 31st March, 1958.
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-eight, the sum of one thousand six hundred and seventy-seven million, nine hundred and twenty-three 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 seven...
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