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Treasury to apply the Money raised to Purposes of this Act.
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XL. And be it enacted, That it shall be lawful for the said Commissioners of the Treasury to cause all such Sums of Money as shall be raised by the Exchequer Bills to be made out in pursuance of this Act, and which Sums they are hereby authorized to raise in such Manner as they shall think proper, to be paid to the Governor and Company of the said Bank of Ireland, to be carried and placed to a distinct and separate Account to be opened in the Books of the said Bank of Ireland, and of Her Majesty’s Exchequer, under the Name of “The Tithe Arrear Account;” and it shall be also lawful for the said Commissioners of the Treasury to cause any Monies which may have arisen or which shall arise in the said Exchequer on account of the Instalments payable under the said Act of the Third and Fourth Years of His late Majesty’s Reign and this Act to be carried and placed to the same Account; and all the said Monies so arising to the Credit of the said Account shall be paid and issued thereout upon the Warrants of the said Commissioners of the Treasury, or any Three or more of them, to the Persons in such Warrants named, pursuant to the Provisions herein-after contained.
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