Appropriation of Overplus of Neat Produce of Branches settled for the Civil List, &c. above £700,000 for the Year ending 25th Dec. 1700.
And whereas in and by an Act of Parliament made and passed in the Ninth Yeare of His Majesties Reigne intituled An Act for granting to His Majestie a further Subsidy of Tonnage and Poundage towards raiseing the Yearely Summe of Seaven hundred thousand Pounds for the Service of His Majesties Household and other Uses therein mentioned during His Majesties Life It is mentioned that the Yearely Summe of Seaven hundred thousand Pounds should be supplied to His Majesty for the Service of His Household and Family and for other His necessary Expences and Occasions out of certaine great and small Branches of Revenue therein particularly mentioned And it was thereby enacted that if those Branches should produce in cleare Money more than the Yearely Summe of Seaven hundred thousand Pounds to be reckoned from the Five and twentieth Day of December One thousand six hundred ninety nine the Overplus of such Produce should not be issued disposed made use of or applied without Authority of Parliament Now it is hereby declared and enacted by the Authority aforesaid That all the Overplus of the Produce which shall arise in the Yeare ending upon the Five and twentieth Day of December One thousand seaven hundred of or for the said great or small Branches charged with the said Yearely Summe of Seaven hundred thousand Pounds or of or for the Rents or Profitts of the same (being more then the Summe of Seaven hundred thousand Pounds and the necessary Charges of manageing the said great and small Branches for the Yeare aforesaid) shall be appropriated and applied and the said Overplus is hereby appropriated to and for such Uses and Purposes as are hereafter in this Act particularly expressed and declared of and concerning the same and to no other Use or Purpose whatsoever