16Adjustment of certain old accounts between the Chamberlain of the City of London and the Treasury and the Thames Conservators
Whereas in the year one thousand eight hundred and eight the Commissioners of the Treasury advanced twenty-one thousand pounds to the Mayor, Commonalty, and Citizens of the City of London (in this section referred to as "the Corporation of London ") for the purpose of making improvements in the port of London, and the whole of the sum so advanced was expended, with the exception of nine pounds nine shillings and fivepence halfpenny, which sum remains in the hands of the Chamberlain of the City of London as part of unclaimed balances :
And whereas in the year one thousand eight hundred and nineteen the sum of ten thousand two hundred and sixty pounds was received by the Corporation of London for the sale of certain land in the Isle of Dogs, and, after deducting certain expenses, was paid into the Exchequer," and a sum of seventeen shillings was so paid in excess of the sum which ought to have been paid :
And whereas, after deducting the said overpayment of seventeen shillings from the said balance of nine pounds nine shillings and fivepence halfpenny, there remains eight pounds twelve shillings and fivepence halfpenny due to the Exchequer:
And whereas, in each year up to the time of the sale of the City of London Canal in the year one thousand eight hundred and twenty-nine, a portion of the revenue of the canal was paid to the fund called the tonnage duty fund, arising from dues, received under certain Local and Personal Acts, and was so paid in discharge of a debt due to that fund :
And whereas the sum of eighty-seven pounds fourteen shillings and ninepence, being the balance arising from such canal revenue, was not paid over to the tonnage duty fund, and, after deducting a sum of five pounds and eightpence paid by the Corporation of London for stamp duty in the year one thousand eight hundred and forty, there remains a sum of eighty-two pounds fourteen shillings and one penny on account of the said revenue in the hands of the Chamberlain of the City of London as part of unclaimed balances :
And whereas the tonnage duty fund has been transferred to the Conservators of the River Thames, and it is expedient that the said sum should be paid to the said Conservators for the credit of the tonnage duty fund : Be it therefore enacted as follows :
The Chamberlain of the City of London is hereby authorised, out of the sums in his hands on account of unclaimed balances, to pay into the Exchequer the sum of eight pounds twelve shillings and fivepence halfpenny in respect of the advances from the Exchequer as above recited, and further to pay to the Conservators of the River Thames for the credit of the tonnage duty fund the sum of eighty-two pounds fourteen shillings and one penny in part repayment of the debt due from the canal revenue, as above recited.