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Merchant Shipping Law Amendment Act 1853

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This is the original version (as it was originally enacted).

The Light Dues payable to the Trinity House, Northern Light Commissioners, and Ballast Board, and the Ballast Rates of the Trinity House, to form the Mercantile Marine Fund.

IVAnd whereas the Trinity House, the Commissioners of Northern Lighthouses, and the Port of Dublin Corporation receive, under various Acts of Parliament, Grants, and Charters, certain Lighthouse Tolls, and the said Trinity House, in respect of then-exclusive Right of supplying Vessels in the River Thames with Ballast, receive certain Ballastage Rates under the said Act of the Seventh Year of Her present Majesty, Chapter Fifty-seven: And whereas the Board of Trade receive certain Fees and other Payments under " The Mercantile Marine Act, 1850," " The Mercantile Marine Act Amendment Act, 1851," and "The Steam Navigation Act, 1851:" And whereas the Trinity House have, so far as relates to the said Tolls and Rates so received by them, agreed that the Account thereof shall be kept at the Bank of England, and that certain Regulations shall be adopted for the Purpose of reducing the same from Time to Time as the Requirements of the Services for which they are levied will permit, and for the Purpose of subjecting the Receipt and Expenditure thereof to effective Supervision and Control : And whereas it is expedient that the whole of the aforesaid Tolls, Rates, Fees, and Payments should' be made subject to similar Regulations with a view to the Supervision and Control of the Receipt and Expenditure thereof, and to the Application thereof to the several Services in respect of which they are paid, and to the Reduction thereof respectively whenever Circumstances will permit: Be it enacted, That all Lighthouse Tolls received by or on account of the Trinity House, the Commissioners of Northern Lighthouses, and the Port of Dublin Corporation respectively, and all Ballastage Rates received by the Trinity House, and all Fees or Payments received by the Board of Trade under the several Acts herein-before mentioned in that Behalf, shall be carried to One aggregate Fund, to be called " The Mercantile Marine Fund ;" and such aggregate Fund shall be applicable to the Purposes of the Services in respect of which the said Tolls, Rates, Fees, and Payments are levied, and to the Execution of Works necessary or expedient for permanently reducing the Expense of such Services, and, save as herein-after specially mentioned, to no other Purposes whatever.

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