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An Act to authorise the Treasury to contribute towards the cost of a national theatre, and for purposes connected therewith.
[9th March 1949]
Whereas arrangements have been made between the Trustees of the Shakespeare Memorial Trust (in this Act referred to as " the Trustees") and the London County Council for reserving to the Trustees as a site for the erection of a national theatre by way of memorial to William Shakespeare, certain land in the borough of Lambeth belonging to the Council and for the transfer to the Council of certain land in the Royal Borough of Kensington previously acquired by the Trustees for the purpose aforesaid :
And whereas it is expedient to make provision for authorising the payment out of public funds of contributions towards the erection and equipment of such a theatre by the Trustees:
Be it therefore enacted by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
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