Military Forces Localization Act, 1872

Repayment to Consolidated Fund of money issued therefrom.

29 & 30 Vict. c. 25.

7. The Treasury may from time to time, as they think fit, repay to the Consolidated Fund all or any portion of the moneys issued thereout for the purposes of this Act, and may, with a view to provide moneys for such repayment, raise any sum not exceeding three million five hundred thousand pounds, or any portion thereof, by the creation of annuities for any term not exceeding thirty years, which annuities shall be charged upon the said Consolidated Fund or the growing produce thereof, or by the issue of Exchequer bonds or bills, as provided by the Exchequer Bills and Bonds Act, 1866, or by either of such means.