It shall be lawful for his Majesty to appoint a proper person to receive all sums of money applicable to the purposes of this Act, who shall be called “The Receiver for the Metropolitan Police District;” and his Majesty may remove any such receiver if he shall see occasion so to do, and may, upon any vacancy in that office, by death, removal, or otherwise, appoint another person to be such receiver; . . . F1 and the receiver for the time being shall receive all sums of money applicable to the purposes of this Act, and shall keep an exact and particular account thereof, and shall [F2subject as hereinafter provided] pay all monies, bills, and notes by him received under this Act into the hands of the governor and company of the Bank of England; and the same shall be placed to an account in the books of the said governor and company, which shall be entitled “The Account of the Public Monies of the Receiver for the Metropolitan Police District,” . . . F3[F2and all moneys standing to the credit of the said account shall be available to meet such expenses as may be authorized by or under any exactment or by the Secretary of State to be paid out of the Metropolitan Police Fund, and the said account shall be drawn upon by such persons and in such manner as the Secretary of State may direct.][F2Provided that such moneys received by or on behalf of the receiver as the Secretary of State may direct shall, in lieu of being paid into the account aforesaid, be paid into such other accounts at such banks as may be approved by him, and payments into and out of any such accounts shall be regulated in such manner as the Secretary of State may direct.]
Textual Amendments
F1Words repealed by Police Act 1890 (c. 45), Sch. 4
F2Words substituted by Metropolitan Police (Staff Superannuation and Police Fund) Act 1931 (c. 12), s. 4
F3Words repealed by Statute Law Revision Act 1873 (c. 91)