An Act to make further, and better provision with regard to the Naval Medical Compassionate Fund.
WHEREAS under an Order in Council dated the thirteenth day of August eighteen hundred and seventeen the Naval Medical Supplemental Fund Society was established for the relief of widows of medical officers in the Royal Navy :
And whereas it was provided in that Order that if any bequest or donations should be made in favour of the society, the principal amount thereof should be reserved separately as a compassionate fund, and that the interest should be distributed, at the discretion of the President and Court of Directors of the society, among the orphans of deceased members thereof, and that each member of the society, on his promotion or on his appointment to any permanent civil situation, should contribute to the compassionate fund a fee equal to one week's pay :
And whereas in pursuance of the [24 & 25 Vict. c. 108.] Naval Medical Supplemental Fund Society Winding-Up Act, 1861, the society has been wound up, but that Act provided that notwithstanding the winding-up of the society the above-mentioned compassionate fund should continue, but on a voluntary instead of a compulsory basis, and enacted that the interest thereof should be distributed among the orphans of those members of the society who had died and the orphans of those naval medical officers who had theretofore contributed or who should thereafter voluntarily contribute any such fee as aforesaid to the compassionate fund, but that no person should thereafter be compelled or liable to pay a fee to the compassionate fund :
And whereas the said Act made no provision for the future management of the said fund, but the said fund has in fact remained under the management of a body consisting of the Secretary to the Admiralty, the Medical Director-General of the Navy, and certain medical naval officers who have contributed to the fund, and now consists of the sum of ten thousand six hundred pounds two and a half per centum consolidated stock:
And whereas it is expedient to make provision for the management of the said fund and to alter the terms of contribution thereto and the nature of the benefits therefrom in manner hereinafter appearing:
Be it therefore enacted by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—