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the Eighth Day of November One thousand eight hundred and fifty-four, and the Interest on all other Exchequer Bonds issued under the Authority of this Act shall be payable half yearly, on such Days as shall be appointed by the Commissioners of Her Majesty's Treasury, and all such Interest, at whatever Days payable, shall be charged upon and issued out of the growing Produce of the Consolidated Fund of the United Kingdom, and the Principal Monies secured by such Bonds shall be repaid out of such Monies as shall be provided by Parliament in that Behalf.

V. It shall be lawful for the Commissioners of Her Majesty's If full Amount Treasury from Time to Time, but not later than the Fifth Day in Bonds is not of April One thousand eight hundred and fifty-five, to cause any issued, ExcheNumber of Exchequer Bills to be made out at the Receipt of quer Bills may the Exchequer at Westminster for such Sum or Sums of be issned. Money as they shall direct, but the Amount of such Exchequer Bills taken together with the Amount of Exchequer Bonds issued from Time to Time under Section Three of this Act shall not exceed in the whole the Sum of. Four Millions authorized to be raised by Exchequer Bonds as last herein-before mentioned, and all such Exchequer Bills shall be prepared and made out in like Manner as is prescribed in an Act passed in the Forty-eighth Year of the Reign of King George the Third, intituled An Act for regulating the issuing and paying off of 48 G. 3. c. 1. Exchequer Bills, and in another Act passed in the Session of Parliament holden in the Fourth and Fifth Years of the Reign of His late Majesty King William the Fourth, intituled An Act 4 & 5 W. 4. c. 15 to regulate the Office of the Receipt of His Majesty's Exchequer at Westminster, and in another 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 5& 6 Vict. c. 66. the Preparation and Issue of Exchequer Bills

. VI The whole Amount of Principal Money to be secured by Limitation of the Exchequer Bonds and Exchequer Bills to be issued under Amount to

6,000,00cl. the Authority of this Act shall not exceed the Sum of Six Millions.

VII. All and every the Clauses, Provisoes, Powers, Privileges, The Clauses, Advantages, Penalties, Forfeitures, and Disabilities contained in &c in recited the said Acts shall be applied and extended to the Exchequer to Bills made Bills to be made out in pursuance of this Act, as fully and out under this effectually to all Intents and Purposes as if the said several Act. Clauses or Provisoes had been particularly repeated and reenacted in the Body of this Act. · VIII. The Principal Sum or Sums of Money to be contained Bills how to be in such Exchequer Bills shall be charged upon and shall be charged and

paid. paid out of any Supplies to be granted in the next Session of Parliament.

IX. The Exchequer Bills to be made out in pursuance of Interest on this Act shall bear such Date as shall be directed in any Warrant or Warrants issued by the said Commissioners of Her Majesty's Treasury, and shall bear an Interest not exceeding [No. 14, Price 2d.] 0

the

Bills.

Bills to be
current in
Payment
of Public
Revenue
after Twelve
Calendar
Months from
their Dates.

The Treasury may cause Exchequer Bonds to be issued.

the Rate of Threepence Halfpenny per Centum per Diem in respect of the whole of the Monies respectively contained therein, payable out of any Aids or Supplies in the Bank of England standing to the Credit of the Exchequer.

X. All the Exchequer Bills to be made out by virtue of this Act, or so many of them as shall from Time to Time remain undischarged and uncancelled, shall, after Twelve Calendar Months from their respective Dates, be taken and shall pass and be current to all the Receivers and Collectors in Grcat Britain of the Customs, Excise, or any Revenue, Supply, Aid, or Tax whatsoever already granted or payable, or which shall hereafter be granted or payable, to Her Majesty, Her Heirs and 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 other Person or Persons, Bodies Politic or Corporate, whatsoever, making any Payment there to Her Majesty, Her Heirs and Successors, upon any Account whatever.

XI. It shall be lawful for the Commissioners of Her Majesty's Treasury, from Time to Time, by Warrant under their Þands, to cause or direct the Exchequer Bonds to be issued under the Authority of this Act to be prepared for such Principal Sums, not less in any Case than One hundred Pounds, together with Receipts or Certificates specifying the Interest from Time to Time accruing thereon, to be made out at the Receipt of Her Majesty's Exchequer at Westminster, in such Manner and Form and bearing such Date as shall be directed by the said Commissioners, which Exchequer Bonds and the Interest accruing thereon respectively shall be transferable by the Delivery of such Bonds, and of the Receipts or Certificates for such Interest thereon ; and it shall be lawful for the Commissioners of Her Majesty's Treasury to provide for the Delivery to the Persons and Corporations entitled thereto of such Exchequer Bonds as may be due to them under the Authority of this Act, or it shall be lawful for the Commissioners of Her Majesty's Treasury, from Time to Time, to sell such Exchequer Bonds or any of them, and such Exchequer Bills, to be issued under the Authority of this Act, or any of them, and the several Sums of Money raised by the Issue or Sale of any such Exchequer Bonds or Exchequer Bills shall be paid to the Credit of Her Majesty's Exchequer at the Bank of England.

XII. It shall be lawful for the Commissioners of Her Majesty's Treasury, from Time to Time, subject to the Provisions herein contained, by Warrant under their Hands to prescribe and regulate the Manner and Form in which Exchequer Bonds to be made out and issued under this Act shall be made out and issued, and how and by what Officer or Officers such Exchequer Bonds shall be signed or otherwise authenticated, and to provide for the Manner of Payment of the Interest accruing thereon, and for the Issue, if they think fit, of Receipts or Certificates for such Interest annexed to such Bonds or otherwise, and also to provide for the Issue of new Bonds in lieu

of

Treasury to regulate the Issue of Ex chequer Bonds.

of any such Bonds worn or defaced which may be delivered up to be cancelled, and for the Issue of New Bonds in lieu of such Exchequer Bonds as may be lost, at such Times, upon such Securities and under such Conditions and Precautions as they may think fit, and generally to make such Regulations for the Safety and Convenience of the Holders of such Bonds, and the Payment of Interest upon the Production or Delivery of of such Receipts or Certificates, or otherwise, as they may think fit; and it shall be lawful for the said Commissioners, by such Regulations as aforesaid, to provide, if they shall see fit, for the Registration of any such Bonds as may be delivered up by the Holders thereof for that Purpose, and for the Delivery of Certificates of such Registration in lieu thereof, which shall be transferable by Entries in a Register which may be provided for that Purpose in such Manner and subject to such Conditions and Restrictions as the said Commissioners may see fit, and every such Warrant shall from Time to Time be published in the London Gazette.

XIII. It shall be lawful for the Commissioners of Her Treasury Majesty's Treasury to direct the Comptroller General of the empowered Exchequer from Time to Time to deliver such Amount of

to direct

Comptroller Exchequer Bonds or Exchequer Bills, prepared in pursuance General to of this Act, as the said Commissioners shall from Time to Time deliver such think fit, to such Person or Officer as may be named in any Exchequer Warrant to be issued by the said Commissioners for such Bonds or Purpose, and such Person or Officer shall thereafter become Bills from chargeable and be charged with such Amount of Exchequer Time to such Bonds or Exchequer Bills as may be delivered to him, subject Persons as to such Directions as may be issued to him by the said Com- they think missioners for the Sale and Application of the Proceeds of such Exchequer Bonds or Exchequer Bills, or for delivering such Bonds in exchange for Scrip Receipts as herein-before provided for, and such Person or Officer shall be discharged from all Account in respect of such Exchequer Bonds and Exchequer Bills on proving to the Satisfaction of the Commissioners for auditing the public Accounts that he has duly obeyed the Directions of the said Commissioners of Her Majesty's Treasury : Provided always, that the said Commissioners shall not be authorized to direct the Issue of such Exchequer Bonds or Exchequer Bills to such Person or Officer, except for the Purpose of raising Money, to be paid to the Account of Her Majesty's Exchequer at the Bank of England, or to be exchanged for Scrip Receipts to be cancelled.

XIV. It shall be lawful for the Commissioners of Her AppropriaMajesty's Treasury, from Time to Time, by Warrant under their tion. Hands, to direct the issue and Application of any Monies paid into the Bank of England to the Account of Her Majesty's Exchequer under the Authority of this Act to any Services which shall have been or shall be voted by the Commons of the United Kingdom of Great Britain and Ireland in the present Session of Parliament, or to the purchasing of any

O 2

Exchequer

fit.

Exchequer Bonds issued under the Authority of the Acts passed in the Session holden in the Sixteenth and Seventeenth Years of Her present Majesty, Chapters Twenty-three and One hundred and thirty-two, or of any ExchequerBills charged on the Aids or Supplies of the Year One thousand eight hundred and fifty-four: Provided always, that if such Exchequer Bonds or Exchequer Bills so purchased shall be re-issued, the Monies arising from such Re-issue shall be paid to the Account of Her Majesty's Exchequer at the Bank of England: Provided also, that an Account of the Application of any such Monies by Warrant of the said Commissioners shall be laid before both Houses of Parliament within Six Weeks after the Fifth Day

of April One thousand eight hundred and fifty-five. Bank of XV. It shall be lawful for the Governor and Company of the England may advance

Bank of England to advance or lend to Her Majesty, upon the 4,000,000l. Credit of the Exchequer Bonds and Exchequer Bills to be made on the Credit

out in pursuance of this Act, any Sum or Sums of Money not of Bonds or Bills, and

exceeding in the whole the Sum of Four Millions; anything in Commissioners an Act passed in the Fifth and Sixth Years of the Reign of King of National Debt William and Queen Mary, intituled An Act for granting to may invest Money in

Their Majesties several Rates and Duties upon the Tonnage of hand on Ships and Vessels, and upon Beer, Ale, and other Liquors, and account of

for securing certain Recompenses and Advantages in the said Act Savings

mentioned to such Persons as shall voluntarily advance the Sum of Banks in the Purchase of One million five hundred thousand Pounds towards carrying on Bonds. the War against France, or in any subsequent Act, to the

contrary thereof in anywise notwithstanding; and also for the Commissioners for the Reduction of the National Debt to invest in the Purchase of Exchequer Bonds issued under the Authority of this Act any Monies in their Hands on account of

Savings Banks. Relief in case XVI. In case Proof shall be made, on the Oath or Oaths Exchequer of One or more Witness or Witnesses, before the Lord Chief Bonds should be

Baron and other the Barons of the Coif of Her Majesty's Court accidentally of Exchequer, or any of them, that any Exchequer Bond issued destroyed. under this Act, and not paid off, shall by Casualty or Mischance

have been burnt or otherwise destroyed, and if by such Oath or Oaths the Numbers and Sums of such Bond or Bonds shall be ascertained, and the said Chief Baron and other Barons, or any of them, before whom such Oath or Oaths shall be made, shall certify that he or they is or are satisfied with such Proof, then and in every such case the Commissioners of the Treasury are hereby authorized to cause another Bond or other Bonds of equal Amount to be issued, in lieu of such Bond or Bonds so burnt or destroyed; provided the Person or Persons so receiving such new Bond or Bonds do give Security to the Queen, to the Satisfaction of the Commissioners of the Treasury, to deliver up to the Exchequer to be cancelled the Bond or Bonds 80 certified to be burnt or destroyed, if the same shall be thereafter found or produced, and to pay into the Receipt of the Exchequer, to the Use of the Public, all such Monies as shall

have been paid out of the Exchequer as Principal or Interest on the new Bond or Bonds which may have been issued under this Provision.

XVII. If any Person shall forge or alter, or shall offer, Persons utter, dispose of, or put off, knowing the same to be forged forging Exor altered, any Exchequer Bond, or any Receipt or Certificate Bonds, &c. for Interest accruing thereon, issued under this Act, such Person guilty of shall be guilty of Felony, and upon Conviction thereof

shall be Felony. liable, at the Discretion of the Court, to be transported beyond the Seas for Life, or for any Term not less than Fourteen Years, or to be kept in Penal Servitude for Life or for any Term not less than Two Years.

XVIII. Every Person who shall make, or cause or procure Punishing to be made, or shall aid or assist in making, or shall knowingly manufacturhave in his Possession, not being legally authorized by the ing or using Commissioners of Inland Revenue or Commissioners of Her Paper, Plates, Majesty's Treasury, and without lawful Excuse, (the Proof or Dies inwhereof shall lie on the Person accused,) any Instrument

having imitate those therein any Words, Letters, Figures, Marks, Lines, or Devices used for Expeculiar to and appearing in the Substance of any Paper pro- Bonds. vided or to be provided or used for Exchequer Bonds, or any Machinery for working any Threads into the Substance of any Paper, or any such Thread, and intended to imitate such Words, Letters, Figures, Marks, Lines, Threads, or Devices, or any Plate peculiarly employed for printing Exchequer Bonds, or any Die peculiarly used for preparing any such Plate, or for sealing such Exchequer Bonds, or any Plate or Die intended to imitate such Plates or Dies respectively; and also every Person, except as before excepted, who shall make, or cause or procure to be made, or aid or assist in making, any Paper in the Substance of which shall appear any Words, Letters, Figures, Marks, Lines, Threads, or other Devices peculiar to and appearing in the Substance of any Paper provided or to be provided or used for Exchequer Bonds, or any part of such Words, Letters, Figures, Marks, Lines, Threads, or other Devices, and intended to imitate the same; and also every Person, except as before excepted, who shall knowingly have in his Possession without lawful Excuse (the Proof whereof shall lie on the Person accused) any Paper whatever in the Substance whereof shall appear any such Words, Letters, Figures, Marks, Lines, Threads, or Devices as aforesaid, or any part of such Words, Letters, Figures, Marks, Lines, Threads, or Devices, and intended to imitate the same, and also every Person, except as before excepted, who shall cause or assist in causing any such Words, Letters, Figures, Marks, Lines, Threads, or Devices as aforesaid, or any part of such Words, Letters, Figures, Marks, Lines, Threads, or other Devices, and intended to imitate the same, to appear in the Substance of any Paper whatever, or who shall take or assist in taking any Impression of any such Plate or Die as aforesaid, shall be guilty of Felony.

03

XIX. Every

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