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Statutes of Northern Ireland


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URL: http://www.bailii.org/nie/legis/num_act/ndra226.txt

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NATIONAL DEBT REDUCTION ACT

NATIONAL DEBT REDUCTION ACT - LONG TITLE

An Act for further regulating the Reduction of the National Debt.{1}
[26th March 1823]
Preamble rep. by SLR 1890

Ss.17 rep. by SLR 1873

NATIONAL DEBT REDUCTION ACT - SECT 8
Sums given or bequeathed for reduction of national debt to be
carried to a separate account.

8.. . . A new and separate account shall be raised in the books
of the commissioners for the reduction of the national debt, and in
the books of the governor and company of the Bank of England,
under the title of "The Account of Donations and Bequests towards
reducing the National Debt"; and the said governor and company are
hereby required to cause... any sum or sums to be carried to the
said new account, which may hereafter be given for the like
purpose; and the interest or dividends, which shall accrue from time
to time on all stock standing on the said account, shall be
applied from time to time to the purchase of the public annuities
composing the national debt, for the purpose of fulfilling the
directions of the person or persons giving or bequeathing the said
sums, and to no other purpose whatsoever.

Ss.9, 10 rep. by SLR 1873

NATIONAL DEBT REDUCTION ACT - SECT 11
Commissioners shall prepare an account conformable to this Act.

11. The said commissioners shall cause an account to be prepared,
containing a statement of all sums received and applied by them
towards the reduction of the national debt, in every year ending on
the fifth day of January in each year.

S.12 rep. by SLR 1950. S.13 rep. by SLR 1898. S.14 rep. by SLR
1873


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URL: http://www.bailii.org/nie/legis/num_act/ndra226.txt