Consolidated Fund (Permanent Charges Redemption) Act 1873

1873 Chapter 57

An Act to make provision for the Redemption of divers permanent Charges on the Consolidated Fund and on the Votes of Parliament.

Whereas under section fifteen of the [29 & 30 Vict. c. 62.] Crown Lands Act, 1866, divers pensions, annuities, and other annual payments formerly payable out of the land revenues of the Crown have been transferred to the Consolidated Fund of the United Kingdom, and are at the time of the passing of this Act charged thereon and payable thereout:

And whereas there are charged on and payable out of the said Consolidated Fund, and moneys provided by Parliament, other pensions, annuities, and annual payments which will not determine with the life of the individuals to whom the same are at the passing of this Act payable, which are not part of the Bank annuities that form the National Debt:

And whereas it is expedient to provide for the redemption of such pensions, annuities, and annual payments:

Be it therefore enacted by the Queen'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: