East India Company Act 1697

LXXVII. Out of Monies contributed or to arise by any other Act of this Session (not particularly appropriated) there may be applied, To the Use of Mints, £29,209. To His Majesty's Household, &c.£400,000 and such Sums as may be necessary to satisfy the Premiums on Contracts for circulating Exchequer Bills.

The rest for Land and Sea Service; Treasury to apply the said Monies accordingly.

Provided always and it is hereby enacted by the Authority aforesaid That out of the Moneys which shall be contributed or advanced by this Act and out of the Moneys which by Loans or otherwise upon any other Act or Acts of this present Session of Parliament for granting of any Aide or Supply to His Majesty shall arise (over and above the Moneys by them or any of them appropriated directed or authorized to be applied for any particular Use or Uses Purpose or Purposes therein mentioned) the Sums following shall and may be applied issued and disposed (that is to say) the Sum of Twenty nine thousand two hundred and nine Pounds to defray the Expence and Charges of His Majesties several Mints and to clear the Moneys which are due to the several Importers there and the Sum of Four hundred thousand Pounds for defraying the Expences of His Majesties Houshold and Family and other necessary Occasions of the Civil Government over and above the Sum not exceeding Six hundred thousand Pounds which in and by one Act of this Session intituled An Act for granting to His Majesty an Aid by a Quarterly Poll for One Year is to be made use of for paying of Tallies and other Purposes therein mentioned and that out of the Moneys to be advanced or to arise as aforesaid such Sums as shall be necessary to satisfy the Premiums or Rewards due or to be [X1 due ] to such as have contracted or shall contract to advance Moneys from time to time for exchanging or circulating the Bills commonly called Exchequer Bills shall and may be in like manner applied and disposed and that all other the Moneys which shall be advanced upon this Act or arise by Loans or otherwise as aforesaid upon any other Act or Acts of this present Session of Parliament (other than and except as is before mentioned) shall and may be applied and the same are hereby appropriated for and towards the Payment and Satisfaction of such Sum and Sums of Money as are or shall be due owing or payable for Land and Sea Services performed and to be performed and the Charges and Expences relating thereunto or some of them so farr as the said Money will extend And the Commissioners of His Majesties Treasury now being and the Tresurer and the Under Treasurer of the Exchequer and Commissioners of the Treasury for the time being are hereby directed authorized and required to cause all the Moneys to be advanced or arising as aforesaid to be applied issued and paid accordingly.

Editorial Information

X1 interlined on the Roll.