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To apply a sum out of the Consolidated Fund to the service of the year ending on the thirty-first day of March, one thousand nine hundred and twenty-seven, and to appropriate the supplies granted in this Session of Parliament.

Ordered to be brought in by

The Chairman of Ways and Means,
Mr. Chancellor of the Exchequer, and
Mr. McNeill.

Ordered, by The House of Commons, to be Printed, 28 July 1926.

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To be purchased directly from

H.M. STATIONERY OFFICE at the following addresses:
Adastral House, Kingsway, London, W.O. 2; 28, Abingdon
Street, London, S.W. 1; York Street, Manchester;

1, St. Andrew's Crescent, Cardiff; or 120, George Street, Edinburgh; or through any Bookseller.

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Apply a sum out of the Consolidated Fund to the A.D. 1926.
service of the year ending on the thirty-first
day of March, one thousand nine hundred and
twenty-seven, and to appropriate the further
Supplies granted in this Session of Parliament.

Most Gracious Sovereign,

WE, Your Majesty's most dutiful and loyal subjects,

the United Kingdom

Britain and Ireland in Parliament assembled, towards 5 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 10 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 :—

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GRANT OUT OF CONSOLIDATED FUND.

out of the

1. The Treasury may issue out of the Consolidated Issue of Fund of the United Kingdom, and apply towards making £3,545,000 good the supply granted to His Majesty for the service of Consolidated the year ending on the thirty-first day of March, one Fund. thousand nine hundred and twenty-seven, the sum of 20 three million five hundred and forty-five thousand pounds.

A.D. 1926.

Power for the Treasury to borrow.

(Appropriation) (No. 2).

2.-(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 three million five hundred 5 and forty-five thousand pounds.

(2) The date of payment of any Treasury Bills issued under this section shall be a date not later than the thirty-first day of March, one thousand nine hundred 40 & 41 Vict. and twenty-seven, and section six of the Treasury Bills 10 Act, 1877 (which relates to the renewal of bills), shall not apply with respect to those bills.

c. 2.

Appropria

voted for supply services.

(3) Any money borrowed otherwise than on Treasury Bills shall be repaid, with interest not exceeding five pounds per cent. per annum, out of the growing produce 15 of the Consolidated Fund, at any period not later than the next succeeding quarter to that in which the money was borrowed.

(4) Any money borrowed under this section shall be placed to the credit of the account of the Exchequer, and 20 shall form part of the said Consolidated Fund, and be available in any manner in which such Fund is available.

APPROPRIATION OF GRANTS.

3. All sums granted by this Act out of the said tion of sums Consolidated Fund towards making good the supply 25 granted to His Majesty, amounting, as appears by Schedule (A), in the aggregate, to the sum of three million five hundred and forty-five thousand pounds, are appropriated for the services and purposes expressed in Schedule (B) annexed hereto.

Short title.

The abstract of schedules and schedules annexed hereto, with the notes (if any) to such schedules, shall be deemed to be part of this Act in the same manner as if they had been contained in the body thereof.

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4. This Act may be cited for all purposes as the 35 Appropriation (No. 2) Act, 1926.

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