Next (Schedule A Grants)

26 1958

/images/harp.jpg


Number 26 of 1958.


APPROPRIATION ACT, 1958.


ARRANGEMENT OF SECTIONS

Section

1.

Issue of £271,860 out of the Central Fund for the year 1957-58.

2.

Issue of £73,502,220 out of the Central Fund for the year 1958-59.

3.

Power of the Minister for Finance to borrow up to £73,774,080.

4.

Appropriation of sums voted for supply services, viz., £118,329,717.

5.

Short title.

Abstract of Schedules A and B to which this Act Refers

Schedule A

Schedule B

Acts Referred to

Foreshore Act, 1933

No. 12 of 1933

Defence Act, 1954

No. 18 of 1954

/images/harp.jpg


Number 26 of 1958.


APPROPRIATION ACT, 1958.


AN ACT TO APPLY A CERTAIN SUM OUT OF THE CENTRAL FUND TO THE SERVICE OF THE YEAR ENDED ON THE THIRTY-FIRST DAY OF MARCH, ONE THOUSAND, NINE HUNDRED AND FIFTY-EIGHT, AND THE YEAR ENDING ON THE THIRTY-FIRST DAY OF MARCH, ONE THOUSAND, NINE HUNDRED AND FIFTY-NINE, TO APPROPRIATE TO THE PROPER SUPPLY SERVICES AND PURPOSES THE SUMS GRANTED BY THE CENTRAL FUND ACT, 1958, AND THIS ACT, AND TO MAKE CERTAIN PROVISION IN RELATION TO BORROWING. [30th July, 1958.]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:—

Grants out of the Central Fund

Issue of £271,860 out of the Central Fund for the year 1957-58.

1. — The Minister for Finance may issue out of the Central Fund and apply towards making good the supply granted for the service of the year ended on the thirty-first day of March, one thousand nine hundred and fifty-eight, the sum of two hundred and seventy-one thousand, eight hundred and sixty pounds.

Issue of £73,502,220 out of the Central Fund for the year 1958-59.

2. —The Minister for Finance may issue out of the Central Fund and apply towards making good the supply granted for the service of the year ending on the thirty-first day of March, one thousand nine hundred and fifty-nine, the sum of seventy-three million, five hundred and two thousand, two hundred and twenty pounds.

Power of the Minister for Finance to borrow up to £73,774,080.

3. —(1) The Minister for Finance may borrow from any person and the Bank of Ireland may advance to the Minister for Finance any sum or sums not exceeding in the whole seventy-three million, seven hundred and seventy-four thousand and eighty pounds, and for the purpose of such borrowing the Minister for Finance may create and issue any securities bearing such rate of interest and subject to such conditions as to repayment, redemption or otherwise, as he thinks fit.

(2) The principal and interest of any securities issued under this Act and the expenses incurred in connection with the issue of such securities shall be charged on the Central Fund or the growing produce thereof.

(3) Any moneys raised by securities issued under this Act shall be placed to the credit of the account of the Exchequer and shall form part of the Central Fund and be available in any manner in which such Fund is available.

Appropriation of Grants

Appropriation of sums voted for supply services, viz., £118,329,717.

4. —(1) All sums granted by this Act and the other Act mentioned in Schedule A annexed to this Act out of the Central Fund towards making good the supply granted, amounting, as appears by the said Schedule, in the aggregate to the sum of one hundred and eighteen million, three hundred and twenty-nine thousand, seven hundred and seventeen pounds, are appropriated and shall be deemed to have been appropriated as from the date of the passing of the Acts mentioned in the said Schedule A for the services and purposes expressed in Schedule B annexed thereto. The abstract of schedules and schedules annexed thereto, with the note (if any) to such schedules shall be deemed to be part of this Act in the same manner as if they had been contained in the body thereof.

(2) In addition to the grants out of the Central Fund referred to in the foregoing subsection of this section, there may be applied out of any money directed under section 2 of the Public Accounts and Charges Act, 1891, to be applied as appropriations-in-aid of the grants for the services and purposes specified in Schedule B annexed hereto, the sums respectively set forth in the last column of the said Schedule amounting, as appears thereby in the aggregate to the sum of seven million, one hundred and ninety-six thousand, one hundred and eight pounds.

Short title.

5. —This Act may be cited as the Appropriation Act, 1958.

Abstract of Schedules a and B to which this Act Refers