House of Commons (Disqualification) Act 1693

XXXIV. £140,000 a yearly Fund.

The Revenue chargeable if these Duties fall short.

And be it further enacted by the Authority aforesaid that yearely and every yeare reckoning the first yeare to begin from the said five and twentieth day of March One thousand six hundred ninety foure the full su[m]m of One hundred and fourty thousand pounds by or out of the moneys to arise by the said duties upon Salt and by the said rates and duties of Excise hereby granted or either of them and to be brought into the receipt of the Exchequer by weekely payments as aforesaid in case the said weekly payments shall extend thereunto shall be the whole and entire yearely Fund And in case the said weekely payments shall not amount to One hundred and fourty thousand Pounds per annum then the said weekely moneys or payments soe far as the same will extend shall be part of the yearely Fund for and towards the answering or paying of the Annuities herein after menc[i]oed and for other the purposes hereafter in this Act expressed And in case the said duties upon Salt and the said rates and duties of Excise by this Act granted or either of them shall att any time or times appeare to bee soe deficient or low in the produce of the same as that within any One yeare to bee reckoned as aforesaid the weekely payments upon the same rates or duties or any of them shall not amount to soe much as One hundred and fourty thousand Pounds or to soe much as shall be sufficient to discharge and satisfie the said Annuities and other Benefitts and Advantages by this Act appointed or intended to bee paid within or for the same yeare respectively. That then and soe often and in every such case the Commissioners of their Majesties Tresury and the Under Treasurer of the Exchequer now being and the Treasurer and Under Treasurer of the Exchequer or Commissioners of the Treasury for the time being are hereby strictly enjoyned and required by virtue of this Act and without any further or other Warrant to bee sued for had or obtained from their Majesties their Heires or Successors in this behalfe to cause every such deficiency to bee made good by applying and issueing or paying soe much of any Treasure or Revenue belonging or to belong to their Majesties their Heires or Successors (not being appropriated to any particular use or uses by any Act or Acts of Parliament) towards the dischargeing or paying of the said Annuities or other Benefitts or Advantages appointed to bee paid by this Act as together with the moneys which shall have been brought into the said receipt of or for the said rates or duties upon Salt and the said rates and duties of Excise as aforesaid shall be sufficient to pay off and discharge [X1 and shall compleately pay off and discharge] all the moneys which within the same yeare respectively shall bee growne due or ought to bee paid upon the said Annuities or other Benefitts or Advantages according to the true intent and meaning of this present Act.

Editorial Information

X1 omitted in King's Printer's Copy, and interlined on the Roll.