BRITISH AND FOREIGN STATE PAPERS. ACT of the British Parliament to authorise the Treasury to guarantee the Payment of Interest on a Loan to be raised by the Government of the Soudan. [9 & 10 Geo. V, c. 43. j [August 15, 1919.] BE it enacted by the 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: 1.-(1.) The Treasury may, subject to the provisions of this Act, guarantee in such manner as they think fit the payment of the interest on any loan raised by the Government of the Soudan for or in connection with the purposes set out in the Schedule to this Act, not exceeding in the aggregate an amount sufficient to raise £6,000,000. (2.) A guarantee shall not be given in pursuance of this Act until the Government of the Soudan have provided to the satisfaction of the Treasury and the Secretary of State (a.) For raising, appropriating, and duly applying the loan for or in connection with the purposes and in the manner set out in the Schedule to this Act, subject to any arrangements which may be made for the application of savings on one head of expenditure to another head of expenditure. (b.) For the establishment and regulation of one or more sinking funds for the purpose of the repayment of the principal of the loan or any instalment thereof within a period not exceeding forty years from the date on which the loan or instalment is actually raised. (c.) For charging on the general revenues and assets of the Soudan or on any other revenues or assets which may be made available for the purpose, with priority over any charges not existing at the date of the passing of this Act, the principal and interest of the loan and any sinking fund payments for the repayment of the principal of the loan. (d.) For charging on the general revenues and assets of the Soudan immediately after the last-mentioned charge the repayment to the Treasury of any sum issued out of the Consolidated Fund under this Act on account of the guarantee given under this Act with interest thereon at such rate as the Treasury may fix. [CXVI] B (e.) For raising or securing the raising of sufficient money to meet the above charges. (3.) Any sums required by the Treasury for fulfilling their guarantee given under this Act shall be charged on and issued out of the Consolidated Fund or the growing produce thereof, and any sums paid on account of the repayment of any amount so issued out of the Consolidated Fund shall be paid into the Exchequer. (4.) The Treasury shall lay before both Houses of Parliament a statement of any guarantee given under this Act, and an account of any sums issued out of the Consolidated Fund for the purpose of any such guarantee as soon as may be after any guarantee is so given or any sum is so issued. 2.-(1.) This Act may be cited as "The Government of the Soudan Loan Act, 1919." (2.) "The Government of the Soudan Loan Acts, 1913 and 1914,"* are hereby repealed. SCHEDULE. Purposes of Loan. 1. Works for the purpose of irrigating the 2. Extension of the Soudan railway system Total £ 4,900,000 700,000 400,000 6,000,000 ACT of the British Parliament to amend “ The Anglo-Persian Oil Company (Acquisition of Capital) Act, 1914.” [9 & 10 Geo. V, c. 86.] [December 23, 1919.] BE it enacted by the 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: 1. In addition to the sums authorised to be issued out of the Consolidated Fund under "The Anglo-Persian Oil Company (Acquisition of Capital) Act, 1914," for the purposes of acquiring share or loan capital of the Anglo-Persian Oil Company, Limited, the Treasury may, as and when they * Vol. CVII, page 339. + Vol. CVIII, page 20. think fit, issue out of the Consolidated Fund or the growing produce thereof such further sums, not exceeding in the whole £2,050,000, as may be required for the said purpose. 2.-(1.) For the purpose of providing for the issue of sums out of the Consolidated Fund under this Act, or for the repayment to that fund of the whole or any part of the sums issued out of that fund under this Act, or for the paying off or redemption of any securities issued under this section, the Treasury may, if they think fit, at any time create and issue such securities, bearing such rate of interest and subject to such conditions as to repayment, redemption or otherwise, as they think fit, and all sums raised by any issue of securities under this section shall be paid into the Exchequer. (2.) The principal of and interest on any securities issued under this section shall be charged on and payable out of the Consolidated Fund of the United Kingdom or the growing produce thereof. 3.-(1.) Any dividends or interest received after the passing of this Act on any share or loan capital acquired under The Anglo-Persian Oil Company (Acquisition of Capital) Act, 1914, or this Act shall be paid into the Exchequer. (2.) So long as any sums raised under this Act are outstanding, an amount equal to the sums received by way of dividend or interest as aforesaid, after deducting from those sums the amount required from time to time for the payment of the interest on any securities issued under this Act or for the repayment of any advance made for the purpose of paying any such interest shall be issued out of the Exchequer in accordance with directions of the Treasury, to the National Debt Commissioners for the purpose of being applied by them as and when they think fit in purchasing, paying off or redeeming any securities issued under this Act. Any sums received by the Commissioners under the foregoing provision shall, until applied by them as aforesaid, be accumulated and invested in accordance with the directions of the Treasury, and any securities purchased, paid off, or redeemed, shall be cancelled. 4. This Act may be cited as The Anglo-Persian Oil Company (Acquisition of Capital) Amendment Act, 1919." ACT of the British Parliament to provide for the better Government of Ireland. [10 & 11 Geo. V, c. 67.] [December 23, 1920.] BE it enacted by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and [CXVI] B 2 Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows: Establishment of Parliaments for Southern Ireland and Northern Ireland and a Council of Ireland. 1.-(1.) On and after the appointed day there shall be established for Southern Ireland a Parliament to be called the Parliament of Southern Ireland, consisting of His Majesty, the Senate of Southern Ireland, and the House of Commons of Southern Ireland, and there shall be established for Northern Ireland a Parliament to be called the Parliament of Northern Ireland, consisting of His Majesty, the Senate of Northern Ireland, and the House of Commons of Northern Ireland. (2.) For the purposes of this Act, Northern Ireland shall consist of the parliamentary counties of Antrim, Armagh, Down, Fermanagh, Londonderry and Tyrone, and the parliamentary boroughs of Belfast and Londonderry, and Southern Ireland shall consist of so much of Ireland as is not comprised within the said parliamentary counties and boroughs. 2.-(1.) With a view to the eventual establishment of a Parliament for the whole of Ireland, and to bringing about harmonious action between the Parliaments and Governments of Southern Ireland and Northern Ireland, and to the promotion of mutual intercourse and uniformity in relation to matters affecting the whole of Ireland, and to providing for the administration of services which the two Parliaments mutually agree should be administered uniformly throughout the whole of Ireland, or which by virtue of this Act are to be so administered, there shall be constituted, as soon as may be after the appointed day, a Council to be called the Council of Ireland. (2.) Subject as hereinafter provided, the Council of Ireland shall consist of a person nominated by the Lord Lieutenant, acting in accordance with instructions from His Majesty, who shall be President, and forty other persons, of whom seven shall be members of the Senate of Southern Ireland, thirteen shall be members of the House of Commons of Southern Ireland, seven shall be members of the Senate of Northern Ireland, and thirteen shall be members of the House of Commons of Northern Ireland. The members of the Council of Ireland shall be elected in each case by the members of that House of the Parliament of Southern Ireland or Northern Ireland of which they are members. The election of members of the Council of Ireland shall be the first business of the Senates and Houses of Commons of Southern Ireland and Northern Ireland. |