Skip to main content
Normal View

Dáil Éireann debate -
Wednesday, 13 Jun 1956

Vol. 158 No. 2

Committee on Finance. - Finance Bill, 1956—Money Resolution.

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 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 £763,950 in the 29 successive financial years and a sum of £667,560 in the 30 successive financial years commencing in each case with the financial year ending on the 31st day of March, 1957.

The Capital Services Redemption Account is referred to in Section 33, which provides for the normal charge in respect of voted capital services for the sixth additional annuity and, because of that section, the Money Resolution, as such, is necessary.

Question put and agreed to.
Resolution reported and agreed to.
Top
Share