PropertyU.K.
22. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1U.K.
23 Lands to be held for benefit of Hospital.U.K.
All lands vested in the Admiralty by virtue of this Act shall . . . F2 be held . . . F2, in trust for Her Majesty, for the exclusive benefit of Greenwich Hospital; . . . F2.
Textual Amendments
F2Words repealed by S.I. 1964/488
24 Quitrents, &c. for lands.U.K.
Lands vested in the Admiralty by virtue of this Act shall continue subject to any quitrents, Crown rents, and duchy rents to which the same are respectively liable, as if this Act had not been passed.
25. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3U.K.
Textual Amendments
F3S. 25 repealed by Statute Law (Repeals) Act 1975 (c. 10), Sch. Pt. IX
26 Protection of existing leases.U.K.
Every lease made before the commencement of this Act of lands of Greenwich Hospital shall be as valid and binding in favour of and against the Admiralty as if the Admiralty had been therein named as the lessors.
27, 28.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F4U.K.
29. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F5U.K.
Textual Amendments
F5S. 29 repealed by Greenwich Hospital Act 1898 (c. 24), s. 2
30 Power to make free grants of land for places of worship, &c.U.K.
The Admiralty, with the approval of Her Majesty in Council, may from time to time make free grants of land part of the lands vested in them by virtue of this Act, and grants of money, for the erection of buildings and providing conveniences for places of worship, residence of ministers, education of children, or other public purposes (so that any such grant of land do not include any right to the minerals under the land granted, or comprise more than two acres in any one parish).
31 As to purchase money of land sold.U.K.
Any purchase money paid to Her Majesty’s Paymaster General in respect of any part of the lands vested in the Admiralty by virtue of this Act no longer required to be held by the Admiralty for the benefit of the Hospital, and accordingly sold by them . . . F6, shall be carried by him to an account to be called the Greenwich Hospital Capital Account.
Textual Amendments
F6Words repealed by S.I. 1964/488
32 Transfer of stock.U.K.
On or as soon as may be after the commencement of this Act the Bank of England shall, on requisition in writing from the Admiralty, cause all Bank annuities then standing in the books of the Bank of England in the names of the Commissioners of Greenwich Hospital to be transferred to an account to be called the Account of the Lord High Admiral or Commissioners of the Admiralty for the time being ex parte Greenwich Hospital, and the same shall belong to the Admiralty on behalf of Her Majesty for the exclusive benefit of Greenwich Hospital.
33 Payment of dividends.U.K.
The Bank of England shall from time to time, under the direction of the Admiralty, place to the cash account of Her Majesty’s Paymaster General the dividends for the time being accrued due in respect of the Bank annuities held by the Admiralty for the benefit of Greenwich Hospital . . . F7, and the same shall be carried to the Greenwich Hospital income account.
Textual Amendments
F7Words repealed by Statute Law Revision Act 1875 (c. 66)
34. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F8U.K.
35 Transfer of other personal property.U.K.
All personal property not in the foregoing provisions specified belonging to the Commissioners of Greenwich Hospital is hereby vested in Her Majesty for the exclusive benefit of Greenwich Hospital.
36 Payment of other income.U.K.
All income not in the foregoing provisions specified arising from property held for the benefit of Greenwich Hospital, or otherwise accruing to the Hospital, shall be paid into the Bank of England to the cash account of Her Majesty’s Paymaster General, who shall carry the same to the Greenwich Hospital income account.
37. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F9U.K.
38 Conversion of stock, &c.U.K.
The Admiralty may from time to time, with a view to the execution of any of the purposes of this Act, or to a change of investment, convert into money any Bank annuities, stocks, funds, or securities for the time being held by them for the benefit of Greenwich Hospital, and all such money shall be paid into the Bank of England to the cash account of Her Majesty’s Paymaster General, who shall carry the same to the Greenwich Hospital capital account.
39 Transfers between capital and income accounts.U.K.
Her Majesty’s Paymaster General shall from time to time, under the direction of the Admiralty, carry over such sums as circumstances require from the Greenwich Hospital income account to the Greenwich Hospital capital account, and vice versa.
40. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F10U.K.
Textual Amendments
F10S. 40 repealed by Greenwich Hospital Act 1967 (c. 74), s. 1(2)
41, 42.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F11U.K.
Textual Amendments
F11Ss. 41, 42 repealed with savings by S.I. 1964/488
43. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F12U.K.
Textual Amendments
F12S. 43 repealed (E.W.)(S.) by Charities Act 1960 (c. 58), s. 49(2)(b), Sch. 7 Pt. II and (N.I.) by Statute Law (Repeals) Act 1976 (c. 16), Sch. 1 Pt. XV
44. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F13U.K.
Textual Amendments
F13S. 44 repealed by Statute Law (Repeals) Act 1973 (c. 39), Sch. 1 Pt. III
45. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F14U.K.
Textual Amendments
F14S. 45 repealed by Statute Law (Repeals) Act 1976 (c. 16), Sch. 1 Pt. XV