THE
PUBLIC GENERAL STATUTES 8 & 9 ELIZ . 2.
Chapter 10
An Act to apply certain sums out of the Consolidated Fund to the service of the years ending on the thirty-first day of March, one thousand nine hundred and sixty and one thousand nine hundred and sixty-one.
[22nd March, 1960]
Most Gracious Sovereign,
WE, Your Majesty's most dutiful and loyal subjects, the Commons of the United Kingdom in Parliament assembled, towards 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 sums hereinafter mentioned ; and do therefore most humbly beseech Your Majesty that it may be enacted , and 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, as follows :
1. Issue of £82,026,032 out of the Consolidated Fund for the service of the year ending 31st March. 1960.
The Treasury may issue out of the Consolidated Fund of the United Kingdom and apply towards making good the supply granted to Her Majesty for the service of the year ending on the thirty-first day of March, one thousand nine hundred and sixty, the sum of eighty-two million, twenty-six thousand and thirty-two pounds.
2. Issue of £2,223,676,200 out of the Consolidated Fund for the service of the year ending 31st March. 1961.
The Treasury may issue out of the Consolidated Fund of the United Kingdom and apply towards making good the supply Consolidated granted to Her Majesty for the service of the year ending on the for the service of thirty-first day of March, one thousand nine hundred and sixty-one, the sum of two thousand two hundred and twenty-three million, six hundred and seventy-six thousand and two hundred pounds.
3. Power for the Treasury to borrow.
(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 sums, any sum or sums not exceeding in the whole two thousand three hundred and five million , seven hundred and two thousand, two hundred and thirty-two 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 and sixty -one, and section six
