Ireland -- Politics and government -- 1901-1910; Land tenure -- Ireland
(3) As soon as all charges on the Church property guaranteed by the
Treasury have been paid, such property may be managed and administered,
and subject to existing charges thereon disposed of, and the income or
proceeds thereof applied, in such manner as the Irish Legislature may from
time to time direct.
[Sidenote: 32 & 33 Vict. c. 42.]
[Sidenote: 44 & 45 Vict. c. 71.]
(4) 'Church property' in this section means all property accruing under
the Irish Church Act, 1869, and transferred to the Irish Land Commission
by the Irish Church Act Amendment Act, 1881.
[Sidenote: Public loans.]
=17.=--(1) All sums due for principal or interest to the Public Works Loan
Commissioners or to the Commissioners of Public Works in Ireland in
respect of existing loans advanced on any security in Ireland shall on and
after the appointed day be due to the Government of Ireland instead of the
said Commissioners, and such body of persons as the Government of Ireland
may appoint for the purpose shall have all the powers of the said
Commissioners or their secretary for enforcing payment of such sums, and
all securities for such sums given to such Commissioners or their
secretary shall have effect as if the said body were therein substituted
for those Commissioners or their secretary.
(2) For the repayment of the said loans to the Consolidated Fund of the
United Kingdom, the Irish Government shall pay annually into that Fund by
half-yearly payments _on the first day of January_ and _the first day of
July_, or on such other days as may be agreed on, such instalments of the
principal of the said loans as will discharge all the loans within _thirty
years_ from the appointed day, and shall also pay interest half-yearly on
so much of the said principal as from time to time remains unpaid at the
rate of _three_ per cent. per annum, and such instalments of principal and
interest shall be paid out of the moneys carried to the Customs and Excise
account under this Act, and if those are insufficient, out of the
Consolidated Fund of Ireland.
[Sidenote: Additional aid in case of war.]
=18.= If Her Majesty declares that a state of war exists and is pleased to
signify such declaration to the Irish Legislative Body by speech or
message, it shall be lawful for the Irish Legislature to appropriate a
further sum out of the Consolidated Fund of Ireland in aid of the army or
navy, or other measures which Her Majesty may take for the prosecution of
the war and defence of the realm, and to provide and raise money for that
purpose; and all moneys so provided and raised, whether by loan, taxation,
or otherwise, shall be paid into the Consolidated Fund of the United
Kingdom.
[Sidenote: Money bills and votes.]
Public-domain text, read in full here on John Shaqi.
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