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Finance Act 1932

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This is the original version (as it was originally enacted).

PART IIINational Debt

21Provision as to permanent annual charge for National Debt for 1932-33

The permanent annual charge for the National Debt for the financial year ending on the thirty-first day of March, nineteen hundred and thirty-three, shall be the sum of three hundred and eight million, five hundred thousand pounds, instead of the sum of three hundred and twenty-two million pounds.

22Charge of 4 per cent. Consols sinking fund on Consolidated Fund

There shall be charged on and issued out of the Consolidated Fund or the growing produce thereof any moneys required for the purpose of any undertaking contained in any prospectus to purchase and cancel four per cent. Consolidated Loan.

23Extension of 5 and 6 Geo. 5. c. 93. s. 5 to Isle of Man

Section five of the War Loan (Supplemental Provisions) Act, 1915 (which empowers the Treasury to make regulations as to the manner and conditions in which money may be raised through the Post Office under the [5 & 6 Geo. 5. c. 55.] War Loan Act, 1915, as subsequently amended) shall extend to the Isle of Man and, notwithstanding anything in the [17 & 18 Geo. 5. c. 42.] Statute Law Revision Act, 1927, shall be deemed to have so extended at all times.

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