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Bank of England Act 1861

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6Commissioners of National Debt to transmit to Treasury the Amount of Unredeemed Debt on 5th April 1861.

The Commissioners for the Reduction of the National Debt shall transmit to the Commissioners of the Treasury, as soon after the Fifth Day of April One thousand eight hundred and sixty-one as conveniently may be, a Statement of the total Capital of the Unredeemed Debt as it stands on the said Fifth Day of April One thousand eight hundred and sixty-one ; and the Allowance for the Management of the Unredeemed Public Debt for the Year ending the Fifth Day of April One thousand eight hundred and sixty-two shall be computed on the said Capital, and shall be paid to the said Governor and Company out of the Consolidated Fund, or the growing Produce thereof, in One Sum, before the Fifth Day of July One thousand eight hundred and sixty-two, and the Allowance for Management shall be computed and paid in like Manner in every succeeding Year.

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