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Bank to open an Account with the Treasury.
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CCXII. And be it further enacted, That the Governors and Directors of the Bank of England shall open an Account in their Books with the Commissioners of His Majesty’s Treasury for the Time being, for each Year during the Continuance of this Act, under the Title of The Commissioners of the Treasury on Account of Contributions granted and allowed by Parliament for the Year and shall carry to the Credit of such Account all the Monies authorized by this Act to be paid to the Governor and Company of the said Bank of England, or to their Cashier or Cashiers, or other Person or Persons to be authorized by them, within each such Year, during the Continuance of this Act.
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