Ireland -- Politics and government -- 1901-1910; Land tenure -- Ireland
(4) Until all charges created by this Act upon the Irish Consolidated Fund
and for the time being due are paid, no money shall be issued from the
Irish Exchequer for any other purpose whatever.
[Sidenote: Irish Church Fund. 32 & 33 Vict. c. 42. 44 & 45 Vict. c. 71.]
=15.=--(1) All existing charges on the Church property in Ireland--that is
to say, all property accruing under the Irish Church Act, 1869, and
transferred to the Irish Land Commission by the Irish Church Amendment
Act, 1881--shall so far as not paid out of the said property be charged on
the Irish Consolidated Fund, and any of those charges guaranteed by the
Treasury, if and so far as not paid, shall be paid out of the Exchequer of
the United Kingdom.
(2) Subject to the existing charges thereon, the said Church property
shall belong to the Irish Government, and be managed, administered, and
disposed of as directed by Irish Act.
[Sidenote: Local loans.]
=16.=--(1) All sums paid or applicable in or towards the discharge of the
interest or principal of any local loan advanced before the appointed day
on security in Ireland, or otherwise in respect of such loan, which but
for this Act would be paid to the National Debt Commissioners, and carried
to the Local Loans Fund, shall, after the appointed day, be paid, until
otherwise provided by Irish Act, to the Irish Exchequer.
(2) For the payment of the Local Loans Fund of the principal and interest
of such loans, the Irish Government shall after the appointed day pay by
half-yearly payments an annuity for _forty-nine_ years, at the rate of
_four_ per cent., on the principal of the said loans, exclusive of any
sums written off before the appointed day from the account of assets of
the Local Loans Fund, and such annuity shall be paid from the Irish
Exchequer to the Exchequer of the United Kingdom, and when so paid shall
be forthwith paid to the National Debt Commissioners for the credit of the
Local Loans Fund.
(3) After the appointed day, money for loans in Ireland shall cease to be
advanced either by the Public Works Loan Commissioners or out of the Local
Loans Fund.
[Sidenote: Adaptation of Acts as to Local Taxation Accounts and Probate,
etc., duties. See 50 & 51 Vict. c. 41. 54 & 55 Vict. c. 48.]
=17.=--(1) So much of any Act as directs payment to the Local Taxation
(Ireland) Account of any share of Probate, Excise, or Customs duties
payable to the Exchequer of the United Kingdom shall, together with any
enactment amending the same, be repealed as from the appointed day without
prejudice to the adjustment of balances after that day; the like amounts
shall continue to be paid to the Local Taxation Accounts in England and
Scotland as would have been paid if this Act had not passed, and any
residue of the said share shall be paid into the Exchequer of the United
Kingdom.
[Sidenote: See 21 & 22 Vict. c. 86, ss. 12-18. 21 & 22 Vict. c. 95, s. 29.
22 & 23 Vict. c. 31, s. 25. 39 & 40 Vict. c. 70, ss. 41-44.]
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