5 1,200l. a year to be issued to defray the charges of pensions. U.K.

And whereas it is expedient to make provision, at the rate of [F1 £15,000 a year] for each and every succeeding year F2 ..., to defray the charge of [F3 such pensions payable under this section as may be granted by Her Majesty]: Be it therefore enacted, that it shall be lawful for the Treasury to charge upon and issue quarterly out of the said consolidated fund F4 ... such sums as shall be required to defray the charge of such pensions as may be granted as aforesaid, at the rate of [F1 £15,000 a year] for every succeeding year F5 ....

Textual Amendments

F1 S. 5 amended by S.I. 1990/2018, art. 9 and by virtue of that art. for "£10, 000" there is substituted "£15, 000"

F2 Words in s. 5 omitted (1.4.2012) by virtue of Sovereign Grant Act 2011 (c. 15), s. 15(1), Sch. 1 para. 3(a)

F3 Words in s. 5 substituted (1.4.2012) by Sovereign Grant Act 2011 (c. 15), s. 15(1), Sch. 1 para. 3(b)

F4 Words in s. 5 omitted (1.4.2012) by virtue of Sovereign Grant Act 2011 (c. 15), s. 15(1), Sch. 1 para. 3(c)

F5 Words in s. 5 omitted (1.4.2012) by virtue of Sovereign Grant Act 2011 (c. 15), s. 15(1), Sch. 1 para. 3(d)

Modifications etc. (not altering text)

C1 Unreliable marginal note

C2 S. 5 applied by Civil List Act 1952 (c. 37) s. 13(1)

C3 Power to increase sum mentioned in s. 5 conferred by Civil List Act 1972 (c. 7), s. 6(1)(b)

C4 S. 5 amendments made by virtue of 1972 c. 7, s. 6 continued (1.4.2012) by Sovereign Grant Act 2011 (c. 15), s. 15(1), Sch. 2 para. 8

C5 S. 5 made permanent (1.4.2012) by Sovereign Grant Act 2011 (c. 15), ss. 15(1), 16(5)