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The Treasury may, without prejudice to the exercise of any powers previously given for the like purpose, issue out of the Consolidated Fund or the growing produce thereof such sums not exceeding in the whole the sum of two million pounds, as may be required by the Postmaster General for the purpose of the Telegraph Acts, 1863 to 1897, according to estimates approved by the Treasury, and sub-sections two and three of section one of the [55 & 56 Vict. c. 59.] Telegraph Act, 1892 (which relate to the mode in which money may be raised), shall apply with respect to the sum so authorised to be issued.
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