Public Money Drainage Act 1846
| Jurisdiction | UK Non-devolved |
| Citation | 1846 c. 101 |
| Year | 1846 |
(9 & 10 Vict.) C A P. CI.
[28th August 1846]
'WHEREAS the Productiveness and Value of much of the Land inGreat Britain and Ireland are capable of being greatly increased by Drainage, and the Extension of the Operation of Drainage is calculated to promote the Employment and Effectiveness of agricultural Labour, and tends also to prevent Disease, and to improve the general Health of the Community: And whereas it is expedient to facilitate Works of Drainage by Advances of Public Money to a limited Amount on the Security of the Land to be improved: And whereas an Act was passed in the last Session of Parliament, intituled And whereas an Act was passed in the Session of Parliament holden in the First and Second Years of the Reign of His late Majesty KingWilliam the Fourth, intituled Ireland, and several Acts have since been passed for amending the same: And whereas a certain other Act was passed in the Session of Parliament holden in the Fifth and Sixth Years of the Reign of Her present Majesty, intituled Ireland:' 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, That it shall be lawful for the Commissionersof Her Majesty's Treasury of the United Kingdom ofGreat Britain and Ireland , upon the Application of the Commissioners for the Execution of this Act, to issue and advance, or cause to be issued and advanced, for the Loans to be made under the Provisions of this Act, out of the growing Produce of the Consolidated Fund of the United Kingdom of Great Britain and Ireland , such Sum or Sums of Money as may be required for such Loans, not exceeding in the whole the Sum of Two million Pounds for Great Britain and One million Pounds for Ireland; or, in case the said Commissioners of the Treasury shall so think fit, it shall be lawful for them to direct the Comptroller General of Her Majesty's Exchequer at Westminster for the Time being to make out and issue Exchequer Bills to such an Amount, not exceeding the said Sums of Two million Pounds for Great Britain and One million Pounds for Ireland , as they shall think fit to direct for the Purpose aforesaid; but provided that the whole Amount of such Advances out of the Consolidated Fund and by Exchequer Bills shall not together exceed the said Sums of Two million Pounds for Great Britain and One million Pounds for Ireland .
II Exchequer Bills issued under this Act to be in the Form prescribed by 48 G. 3. c. 1., 4 & 5 W. 4. c. 15, and 5 & 6 Vict. c. 66.
II. And be it enacted, That such Exchequer Bills as may be directed to be made out and issued under this Act shall be in the same Form and Order, and according to the same or like Rules and Directions, (except wherein otherwise provided for,) as in an Act passed in the Forty-eighth Year of the Reign of His Majesty KingGeorge the Third, intituled An Act for regulating the issuing and paying of Exchequer Bills , and an Act passed in the Session of Parliament holden in the Fourth and Fifth Years of the Reign of His Majesty King William the Fourth, intituled An Act to regulate the Office of the Receipt of His Majesty's Exchequer at Westminster, and an Act passed in the Session of Parliament holden in the Fifth and Sixth Years of the Reign of Her present Majesty, intituled An Act for further regulating the Preparation and Issue of Exchequer Bills , are prescribed.
III Powers of 48 G. 3. c. 1., 4 & 5 W. 4. c. 15., and 5 & 6 Vict. c. 66. extended this Act.
III. And be it enacted, That all the Clauses, Provisoes, Powers, Authorities, Regulations, Privileges, Advantages, Penalties, Forfeitures, and Disabilities contained in the said Acts of the Forty-eighth Year of KingGeorge the Third, the Fourth and Fifth Years of King William the Fourth, and the Fifth and Sixth Years of Her present Majesty, shall be applied and extended to the Exchequer Bills to be made out in pursuance of this Act, as fully and effectually, to all Intents and Purposes, as if the said several Clauses and Provisoes had been particularly repeated and re-enacted in this Act.
IV Exchequer Bills to bear Interest.
IV. And be it enacted, That the Exchequer Bills to be made out in pursuance of this Act shall bear an Interest not exceeding the Rate of Three-pence Halfpennyper Centum per Diem upon or in respect of the whole of the Money contained therein.
V Periods at which Exchequer Bills shall be payable.
V. And be it enacted, That all Exchequer Bills which shall be made out and issued in pursuance of this Act shall be dated on the Day of the Issue thereof, and made payable at such Periods as shall be fixed by the Commissioners of the Treasury.
VI Exchequer Bills to be current to all Receivers, &c., and at the Bank.
VI. And be it enacted, That all the Exchequer Bills to be made out in pursuance of this Act, or so many of them as shall from Time to Time remain undischarged and uncancelled after the respective Days on which they shall become due and payable, shall after that Time pass and be current to all Receivers and Collectors inGreat Britain of the Customs, Excise, or any Revenue, Supply, Aid, or Tax whatsoever, due or payable to Her Majesty, Her Heirs or Successors, and also at the Bank of England to the Account of Her Majesty's Exchequer, from the said Receivers or Collectors, or from any Person, Body Politic or Corporate whatsoever, making any Payment there to Her Majesty, Her Heirs or Successors, upon any Account whatever.
VII Payment of Exchequer Bills, &c.
VII. And be it enacted, That it shall be lawful for the Commissioners of the Treasury to order and direct the Payment out of the Consolidated Fund of the United Kingdom ofGreat Britain and Ireland of all Exchequer Bills issued under the Authority of this Act.
VIII Works to be sanctioned by Treasury.
VIII. And be it enacted, That no Advance under this Act for or on account of any Work, or in compliance with any Application, shall be made until the same shall have been first submitted to and sanctioned by the Commissioners of the Treasury.
IX Inclosure Commissioners to execute this Act in Great Britain, who may appoint, &c. Assistant Commissioners, &c.
IX. And be it enacted, That the Inclosure Commissioners forEngland and Wales shall be the Commissioners for the Execution of this Act in Great Britain; and it shall be lawful for the said Inclosure Commissioners to employ in the Execution of this Act in Great Britain the Assistant Commissioners, Secretary, Clerks, Messengers, and Officers who have been or may be appointed by the said Commissioners under the said Act of the last Session of Parliament; and the said Inclosure Commissioners may, with such Consent as provided by the said Act of the last Session of Parliament in respect of Appointments under such Act, from Time to Time appoint a sufficient Number of Persons to be Assistant Commissioners and Surveyors respectively for the Purposes of this Act, and may from Time to Time remove any such Assistant Commissioners and Surveyors for Great Britain; and the Allowancesand travelling and other Expences of such Assistant Commissioners and Surveyors shall be regulated and paid in like Manner as provided by the said Act of the last Session of Parliament in respect of Allowances and Expences to Assistant Commissioners under the same Act, and such Allowances shall nat exceed the Allowances payable to the last-mentioned Assistant Commissioners.
X Commissioners of Public Works to have Power to appoint Officers for the Execution of this Act in Ireland.
X. And be it enacted, That the Commissioners for the Execution of this Act inIreland shall be the Commissioners for the said Act of the First and Second Years of His late Majesty King William the Fourth, and of the said Act of the Fifth and Sixth Years of the Reign of Her present Majesty, and of the several Acts amending the same respectively, and shall for the Purposes of this Act be called the Commissioners of Public Works and Drainage in Ireland , and such Commissioners shall have full Power and Authority, with such Direction and Approbation of the Commissioners of the Treasury as are in and by the said last-mentioned Acts required, to appoint such and so many Civil Engineers, Surveyors, Clerks, and other Officers as may be necessary for the Purpose of carrying this Act into execution, in such and the same Manner as the Commissioners appointed by the said Acts respectively may now appoint the same.
XI Certain Provisions of 8 & 9 Vict. c. 118. to extend to Proceedings, &c. under this Act, &c.
XI. And be it enacted, That as regards Lands inGreat Britain all the Provisions of the said Act of the last Session of Parliament concerning or auxiliary to the Proceedings and Inquiries of the said Inclosure Commissioners under the Authority of such Act, and the Authentication of Instruments, shall extend and be applicable to their Proceedings, and the Authentication of Instruments...
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