I move:—
That for the purpose of any Act of the present Session to charge and impose certain duties of customs and inland revenue (including excise), to amend the law relating to customs and inland revenue (including excise) and to make further provisions in connection with finance, it is expedient to authorise—
(1) that there shall be issued out of the Central Fund or the growing produce thereof to the extent authorised by such Act such sums as may be required to meet payments by the Minister for Finance to the Revenue Commissioners in respect of securities accepted under the Act in payment of death duties and that so much of the sums issued as is not authorised by the Act to be met by borrowing by the Minister shall be charged on the Central Fund and the growing produce thereof;
(2) that there shall be charged on and paid out of the Central Fund or the growing produce thereof the principal of and interest on any securities issued by the Minister for Finance for the purpose of borrowing under such Act and the expenses incurred in connection with the issue of such securities;
(3) that to redeem borrowings, and interest thereon, in respect of capital services, there shall be charged annually on the Central Fund or the growing produce thereof a sum of £892,043 in the 29 successive financial years and a sum of £777,094 in the 30 successive financial years commencing in each case with the financial year ending on the 31st day of March, 1955.
This Resolution is the ordinary charging Resolution and arises because of the charging provision that there is in Section 22, sub-sections (10) and (12), and also in Section 28, sub-sections (2) and (4). It is the normal charging Resolution.