Shannon Navigation Act, 1839

Treasurer shall pay the Instalment into the Bank of Ireland to the Credit of the Commissioners.

LXVI. And be it enacted, That each such Treasurer shall pay the Sum mentioned in each such Certificate, when and as the same shall be levied and received by him, to such Bank or Person and in such Manner as the said Commissioners of the Treasury shall direct and appoint, for the Purpose of being transferred and remitted to the Receipt of Her Majesty’s Exchequer at Westminster; and that there shall be provided and kept in the Office of the Auditor of the Receipt of the said Exchequer at Westminster, a Book or Books in which all the Monies so remitted and transferred as aforesaid shall be entered separate and apart from all other Monies paid into the said Receipt upon any other Account whatever; and that all Monies so transmitted and transferred as aforesaid shall be subject and liable to pay off and discharge, so far as the same will extend, all the Exchequer Bills to be made out and issued by virtue of this Act, with such Interest as shall be payable thereon, at the respective Days and Times and in the Order and Course in which the same may be directed to be discharged; and all such Exchequer Bills and Interest as aforesaid shall be and are hereby charged and chargeable upon and shall be repaid and borne by and out of the first Monies that shall be so transferred and remitted, and also to repay and replace all such Sums, if any, as shall be advanced out of the Consolidated Fund for the Purposes of this Act.