Loan or Loans, and, with the Approval of the Commissioners plications and of Her Majesty's Treasury, to make such Loans, upon such make Loans. and the like Securities, and for such and the like Purposes, and upon such and the like Terms, as are specified by the said recited Acts for the Extension and Promotion of Public Works in Ireland, or any of them, and as may be authorized by the Commissioners of Her Majesty's Treasury. Certificate to thereon for Pay VIII. And be it enacted, That when the said Commissioners Commissioners of Her Majesty's Treasury shall have sanctioned any Loan of Public Works under this Act or any of the above] recited Acts, and the said in Ireland to certify Loans Commissioners of Public Works shall have ascertained that any granted by Sum of Money is required to be issued on account of such them. Loan, they shall forthwith certify the Amount of such Issue to the Commissioners for the Reduction of the National Debt for the Time being; and in every such Certificate the Loan in part of which such Issue is required, and the Party or Parties to whom such Issue is intended to be made, shall be stated; and Upon Producupon every such Certificate being produced to the Officer of tion of such the said Commissioners for the Reduction of the National the proper OffiDebt, the Comptroller General or Assistant Comptroller, or cer an Order Chief Clerk, acting under the last-named Commissioners, shall to be endorsed upon the Back of such Certificate endorse and sign an Order for Payment of the Sum mentioned in such Certificate to the Governor and Company of the Bank of England, to be by them placed to the Account of the Governor and Company of the Bank of Ireland, for the separate Account and Credit of the Paymaster of Civil Services in Ireland, on account of the Public Works Loan Fund for Ireland, to be by him paid over on the Warrants of the said Commissioners of Public Works: Provided Proviso. always, that Approval of such Issue by the Commissioners of Her Majesty's Treasury shall appear on such Certificate, under the Hand of One of their Secretaries, and that the Amount of such Issue shall not exceed the Sum for the Time being standing in the Names of the said Commissioners for the Reduction of the National Debt, subject to the Disposal of the said Commissioners of Public Works. ment of the Sum granted. to the Cashiers IX. And be it enacted, That every such Order of the Officer Order to be of the said Commissioners for the Reduction of the National entered by the proper Officer, Debt, before the issuing thereof, shall be entered by the Clerk countersigned or other proper Officer, and shall be countersigned by the by the Actuary, Actuary or other check Officer acting under the said Commis- and addressed sioners for the Reduction of the National Debt, and shall be of the Bank of addressed to the Cashiers of the Governor and Company of England. the Bank of England; and such Cashiers or one of them shall, upon the Production of every such Order, pay the Sum mentioned therein to the Governor and Company of the Bank of England; and the Signature of One of the Cashiers of the said Governor and Company of the Bank of England shall be a sufficient Discharge to the said Commissioners for the Reduction of the National Debt. X. And be it enacted, That the Commissioners for the Re- Commissioners duction of the National Debt shall cause to be made up for for Reduction Z 4 of National Examination Debt to furnish an annual Account for Audit. Bank of Ireland to open an Account with Paymaster of Civil Services, of Repayments. Appropriation and Entry of Repayments. Receipt of Pay master to be a Discharge. All Sums paid into the Bank of Ireland to be carried to and made Part of the Consoli. dated Fund. Powers of recited Acts as to Advances to have same Force as if re-enacted. 6 & 7 VICT. Examination and Audit an annual Account to the Thirty-first Day of December in each Year of the Receipts, Payments, and Balances on the said Account so directed to be kept by them in respect of the said Public Works Loan Fund for Ireland as aforesaid, and shall deliver the same to the Commissioners for auditing the Public Accounts. XI. And be it enacted, That the Governor and Company of the Bank of Ireland shall open an Account with the Paymaster of the Civil Services of Ireland, under the Title of "The Paymaster of the Civil Services, on account of the Repayment of Loans for Public Works;" and Monies which shall from Time to Time be repaid in respect of Loans made under this Act, or in respect of the Interest thereof, shall be carried to the Credit of this Account. XII. And be it enacted, That as soon as any Sum of Money shall have been so lodged to the Credit of the said Account of the Paymaster of Civil Services, on account of the Repayment of Loans for Public Works, the said Commissioners of Public Works shall, upon a Notification thereof, cause to be made out and delivered to the said Paymaster of Civil Services a Statement of the proper Appropriation of such Payment, whether for account of Interest or Principal, or how much for each respectively, upon which the said Paymaster of Civil Services shall cause to be prepared accordingly the proper Receipt or Voucher, and send the same to the said Commissioners of Public Works, who shall thereupon cause the Sum or Sums therein mentioned to be entered on the Books of the said Commissioners, to the Credit of the Loan on account of which such Payment shall have been made; and such Receipt, when so entered, shall be delivered to the Party or Person on whose Account such Payment shall have been so made; and such Receipt shall be a sufficient Discharge to the Party or Person paying the same. XIII. And be it enacted, That every Sum of Money which shall be paid into the Bank of Ireland to the Account of the Paymaster of Civil Services, on account of the Repayment of Loans for Public Works under this Act, shall from Time to Time, immediately on such Payments being made, be transferred by the Governor and Company of the Bank of Ireland to the Account kept by the Bank of England with Her Majesty's Exchequer, and when so transferred shall be carried to and made Part of the Consolidated Fund of the United Kingdom of Great Britain and Ireland. XIV. And be it enacted, That all the Enactments contained in the said recited Acts relating to Public Works in Ireland, or any of them, in relation to any Advances of Exchequer Bills or Money made or to be made under the said recited Acts or any of them, or for the Recovery or Repayment of such Advances, shall, except as is herein otherwise provided, extend to all Loans of Money to be made under the Authority of this Act, and to all Things done or directed to be done by the said Commissioners of Her Majesty's Treasury, or the said Commis 9 Commissioners of Public Works, or their Secretary for the Time being, or any other Persons or Bodies Corporate, under the Authority of the said recited Acts or this Act, or any of them, and the Recovery and Repayment of such Loans, in such or the like Manner as if they had been particularly and severally re-enacted in the Body of this Act, except so far only as the same is amended or altered by any of the said Acts or by this Act. whole of the notwithstand XV. And be it enacted, That in case the said Commis- Commissioners sioners of Public Works shall, under the Authority of any of may retain the the said recited Acts or this Act, make any Sale or other Mortgage Debt absolute Disposition of any Public Works, Interest, Property, or Charge out or Effects comprised in any Mortgage, Assignment, or other of Purchase, Charge, already executed or hereafter to be executed under the ing some of the Provisions of any of the said recited Acts or this Act, it shall Instalments for be lawful for them, with the Consent of the Commissioners Principal may not have actually of Her Majesty's Treasury, out of the clear Monies thereby become due and produced, after Payment of the Expences of preparing for and payable at the making such Sale or other Disposition, so far as such clear Time of Sale. Monies will extend, to deduct and retain all the Principal Monies for the Time being remaining due or secured upon such Mortgage, Assignment, or Charge, notwithstanding the whole of such Principal Money, or any Instalment thereof, may not, according to the Terms of such Mortgage, Assignment, or Charge, have become actually due and payable, together with all Interest (if any) for the Time being accrued due on such Principal Monies. to Trustees of Roads extended to Loans under 45 G. 3. c. 43, XVI. And whereas sundry Loans made to the Trustees Powers for reor Commissioners of several Turnpike Roads in Ireland, covering Loans under an Act passed in the Forty-fifth Year of the Reign of Turnpike King George the Third, intituled An Act to amend the Laws for improving and keeping in repair the Post Roads in Ireland, and for rendering the Conveyance of Letters by His Majesty's Post Office more secure and expeditious, are still due and outstanding, and it is expedient that the Powers now by Law provided for recovering Loans made by the said Commissioners of Public Works, under the herein-before first-recited Act, to the Trustees or Commissioners of Turnpike Roads in • Ireland, shall be extended to Loans made under the said recited Act of the Forty-fifth Year of the Reign of King George the Third;' be it enacted, That whenever any Interest or Instalment accrued due to Her Majesty's Exchequer on account of any Money borrowed under the Authority and for the Purpose of the last-mentioned Act shall be in arrear and unpaid by the Trustees or proper Officer of any Turnpike Road, it shall be lawful for the Commissioners of Her Majesty's Treasury, if they shall so think fit, beside and without prejudice to any other Remedy which may be by Law provided for the Recovery of the Monies so due and in arrear, by Warrant under the Hands of any Three or more of them, to empower the said Commissioners of Public Works to recover, in their Behalf, any Sum of Money accrued or accruing due for for Principal or Interest on account of any such Loan, and thereupon the said Commissioners of Public Works shall have the like Powers, Privileges, and Remedies for the Purpose of compelling Payment of any such Loan or any Part thereof, or the Interest thereof, as the said Commissioners of Public Works now by Law have in respect of any Loan made to the Trustees or Commissioners of any Turnpike Road under the 1 & 2W. 4. c. 33. said recited Act of the Second Year of the Reign of His late Majesty, or any Act amending the same, or in respect of any Default in the Payment of such Loan or the Interest thereon; and that all the Clauses and Provisions therein contained, for the Repayment and Recovery of any such Loan or the Interest thereon, and for enabling the said Commissioners, in default thereof to enter into Possession, and to receive any Rates, Rents, Tolls, Receipts, or Profits on, the Credit whereof any Loan may have been made, shall extend to all Loans at any Time made to the Trustees or Commissioners of any Turnpike Road or Roads under the said recited Act of the Forty-fifth Year of the Reign of King George the Third, in respect whereof the said Commissioners of Her Majesty's Treasury shall think fit to make any such Warrant as aforesaid, as if such Clauses and Provisions had been contained in such lastmentioned Act, or as if such Loan had been made under the said recited Act of the Second Year of the Reign of His late Majesty, or any Act amending the same: Provided always, that nothing herein contained shall extend to deprive any Persons holding prior Mortgages, Assignments, or other Securities on such Turnpike Trusts of any Advantages which by reason of such Priority they might have in case this Act had not been passed. 21,000l. may be issued by way of Grant, 1 & 2 Vict, c. 88. XVII. And whereas by the said Act of the Second Year of the Reign of Her present Majesty it is enacted, that it should be lawful for the Commissioners of Her Majesty's Treasury to appropriate, out of the Sum of Five hundred thousand Pounds in Exchequer Bills authorized to be advanced under the Authority of the said Act, any Sum or • Sums in Exchequer Bills, not exceeding Fifty thousand Pounds in the whole, for the Promotion and Extension of • Public Works in Ireland, to be applied by the Commissioners appointed under the Authority of the said first-recited Act: 2 & 3 Vict. c. 50. And whereas by the said Act of the Third Year of the 'Reign of Her present Majesty, after reciting that the said Sum or Sums so authorized by the said Act of the Second Year of the Reign of Her Majesty to be appropriated for the Promotion and Extension of Public Works in Ireland ⚫ should be made applicable to the Purposes of the Acts therein • mentioned, it is enacted, that in case any such Appropriation should be or had been made it should be lawful to apply the Exchequer Bills so appropriated to the Purposes of all or any of the Acts therein recited, and to make Advances ⚫ thereout accordingly, either by way of Loan or by way of Grant, or partly by way of Loan and partly by way of Grant, ' pursuant 'pursuant to the Provisions of the Acts therein recited and the said Act respectively: And whereas it was deemed expedient by the Commissioners of Her Majesty's Treasury, and was intended, that One Half of the said Sum of Fifty thou'sand Pounds should be applied in Loans, and One Half in Grants; but nevertheless the Sum of Forty-six thousand Pounds, Part thereof, has been inadvertently issued in the way of Loans, and only the remaining Four thousand Pounds in the way of Grants: And whereas it is expedient that the Sum of Twenty-one thousand Pounds should be repaid to the Fund, to be issued in the way of Grant:' be it therefore enacted, That it shall be lawful for the Commissioners of Her Majesty's Treasury to order that out of such Monies as at or after the passing of this Act may be in the Exchequer, or as may be hereafter paid into the Bank of England to the Credit of Her Majesty's Exchequer, in Repayment of Loans made for Public Works in Ireland, any Sum or Sums of Money, not exceeding the Sum of Twenty-one thousand Pounds, may be set apart and appropriated for Grants by the said Commissioners of Public Works, with the Approval of the said Commissioners of Her Majesty's Treasury, in such and the same Manner as the said Sum of Twenty-one thousand Pounds might have been used and applied for Grants if the same had not been inadvertently applied for the Purposes of Loans. in this Act. XVIII. And be it enacted, That in this Act the Words Construction of "Commissioners of Her Majesty's Treasury" shall be con- certain Words strued to mean any Three or more of the Commissioners of Her Majesty's Treasury, or the Lord High Treasurer of the United Kingdom of Great Britain and Ireland; and the Words "Commissioners of Public Works" shall mean any Two or more of the Commissioners appointed or to be appointed to execute the first-recited Act, for the Extension and Promotion of Public Works in Ireland. XIX. And be it enacted, That this Act may be amended Act may be or repealed by any Act to be passed in this Session of amended, &c. Parliament. CAP. XLV. An Act to continue, until the First Day of January WHEREAS an Act was passed in the Third Year of the Reign of Her Majesty, intituled An Act to amend, and 2&3 Vict. c. 37. • extend until the First Day of January One thousand eight hun 'dred and forty-two, the Provisions of an Act of the First Year of Her present Majesty, for exempting certain Bills of Exchange and Promissory Notes from the Operation of the Laws relating to |