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National Debt Reduction Act 1823
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- 1823 c. 19
- Section VII
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VIIWhen Sinking Fund amounts to One hundredth Part of the Debt, an Account to be laid before Parliament.
And be it further enacted, That when the Sinking Fund shall amount to the One hundredth Part of the said Unredeemed and Unfunded Debts, the Commissioners for the Reduction of the National Debt shall cause an Account to be prepared, shewing the Amount of the said Debts taken together, and also the Amount of the Sinking Fund then applicable to the Reduction thereof; which Account shall thereupon be laid before Parliament, if Parliament shall then be sitting, or if Parliament shall not be sitting, then within Fourteen Days after the next Meeting of Parliament.
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