Metropolitan Improvements Act 1853
| Jurisdiction | UK Non-devolved |
| Citation | 1853 c. 18 |
| Year | 1853 |
(16 & 17 Vict.) C A P. XVIII.
[9th May 1853]
'WHEREAS, in order to provide Monies for the Execution of certain Improvements in the Metropolis, the Commissioners of Her Majesty's Woods, Forests, Land Revenues, Works, and Buildings, herein-after called ‘The Commissioners of Woods,’ were authorized to charge, and did by virtue of divers Acts charge, various Funds (which for the Purposes of this Act are intended to be included under the Denomination of ‘TheLondon Bridge Approaches Fund,’ and by that Term are hereby described,) with the Payment of certain Sums of Money, by way of Principal and Interest thereon; but inasmuch as the Funds so charged were then subject to certain prior Charges, the Commissioners of Woods were authorized to raise and did raise certain Monies by Mortgage of certain Hereditaments, Part of the Hereditary Land Revenues of the Crown, in order to obtain the Means of immediately effecting such Improvements, and such last-mentioned Monies were so applied; and with Part thereof certain Lands and Hereditaments were purchased for the Purposes of such Improvements, of which Lands a Part not being wanted now remains and is liable to be sold: And whereas the Money so borrowed on the Security of the said Land Revenues, and the Amount since paid for Interest thereon, out of the Income of the said Land Revenues, are to be repaid out of the Monies charged as aforesaid on the London Bridge Approaches Fund, and out of the Monies to arise from the Sale and the Income till Sale of the surplus Lands and Hereditaments purchased as aforesaid, and out of a Sum of Thirty thousand Pounds and Interest secured by Mortgage from the Westminster Improvement Commissioners, but subject to the Charges herein-after mentioned, and it is considered that such Means of Repayment will be ample for such Purpose; but inasmuch as the Monies charged on the London Bridge Approaches Fund are only payable out of the accruing Produce thereof, and the other Monies so applicable are not yet realized, it is expedient to make Provision for the Discharge, out of the Consolidated Fund of Great Britain and Ireland , of the Monies charged on the Hereditaments belonging to the Crown, and the Monies from Time to Time paid out of the Income of the Land Revenues for Interest as aforesaid: And whereas the Monies so charged on the London Bridge Approaches Fund were made subject to the Payment of the Sum of Fifty thousand Pounds and Interest, borrowed and advanced as directed by an Act passed in the Session of Parliament held in the Eleventh and Twelfth Years of the Reign of Her present Majesty, Chapter One hundred and twenty-four, to the Westminster Improvement Commissioners, and also of the said Sum of Thirty thousand Pounds and Interest, raised and lent to the Westminster Improvement Commissioners as aforesaid: And whereas by an Act passed in the Session of Parliament held in the Fourth Year of the Reign of Her present Majesty, Chapter Twelve, and by another Act passed in the Session of Parliament held in the Thirteenth and Fourteenth Years of the Reign of Her present Majesty, Chapter One hundred and three, Two several Sums of Thirty thousand Pounds and Thirty thousand Pounds and Interest were directed to be paid out of the Monies charged on the London Bridge Approaches Fund, as in the said Acts is mentioned, towards certain Improvements in Southwark , but the same have not yet been paid: And whereas by an Act passed in the Session of Parliament held in the Fourteenth and Fifteenth Years of the Reign of Her present Majesty, Chapter Forty-two, the said Hereditaments purchased by the Commissioners of Woods with the Monies so borrowed for the Purposes of such Improvements as aforesaid, and which were not wanted for the Purposes of the new Streets, are now vested in the Commissioners of Her Majesty's Works and Public Buildings, and their Successors, as incorporated by such Act, and herein-after called ‘The Commissioners of Works:’' Be it therefore 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...
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