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Greenwich Hospital Act 1885

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This is the original version (as it was originally enacted).

2Expenditure to be defrayed out of revenues of Greenwich Hospital.

All expenditure which under the Greenwich Hospital Acts, 1865 to 1883, is in the first instance defrayed out of moneys provided by Parliament for the purpose, shall, as from the thirty-first day of March one thousand eight hundred and eighty-five, be defrayed directly out of the money for the time being standing to the credit of the Greenwich Hospital Income Account. If in any year the money standing to the credit of that account should prove inadequate to meet the expenditure chargeable on it, it shall be the duty of Her Majesty's Paymaster General from time to time, under the direction of the Admiralty, to carry over from the Greenwich Hospital Capital Account such sums as may be required to make good any such deficiency.

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