The Diseases of Animals Account (which was opened at the Bank of England under section two of the Contagious Diseases (Animals) (Pleuro-Pneumonia) Act, 1890, and renamed by section eighteen of the Agriculture Act, 1937) shall, in accordance with directions of the Treasury, be wound up as at such date as the Treasury may direct, being a date not later than the end of the financial year next after that in which this Act is passed, and—
(a)any payments which apart from this section would be authorised to be paid out of that Account shall, if falling due after the date so directed for winding up that Account, be defrayed out of moneys provided by Parliament;
(b)any receipts after the said date which apart from this section would be authorised to be paid into that Account shall be paid into the Exchequer.