Savings Bank Investment Act, 1863

Deficiency to be a charge on the Consolidated Fund.

7. If it shall appear upon such balance sheet that the amount at the credit of the said accounts is insufficient to meet the liabilities as therein set forth, and the Commissioners of Her Majesty's Treasury shall be satisfied thereof, the said Commissioners shall, by warrant under their hands, declare the amount of such deficiency to be a charge on the Consolidated Fund of the United Kingdom, subject to the legal claims of the trustees of savings banks on account of the sums remitted to the Commissioners for the Reduction of the National Debt for investment.