S.I. No. 13/1925 - Endowment Fund (Second Apportionment and Winding-Up) Order, 1925.

STATUTORY RULES AND ORDERS. 1925. No. 13.

ENDOWMENT FUND (SECOND APPORTIONMENT AND WINDING-UP) ORDER, 1925.

SAORSTÁT EIREANN.

The following Order, namely:

ENDOWMENT FUND (SECOND APPORTIONMENT AND WINDING-UP) ORDER, 1925,

has this day been made by the Executive Council.

DUBLIN.

This 5th day of March, 1925.

ENDOWMENT FUND (SECOND APPORTIONMENT AND WINDING-UP) ORDER; 1925.

(No. 13 of 1925.)

WHEREAS by Section 10 of the Ministers and Secretaries Act, 1924 (No. 16 of 1924), it is enacted that wherever the expenses or any part of the expenses of any public service assigned by or under that Act to any Department of State were, at the date of the passing of that Act, payable out of any specific departmental or other public funds other than the Central Fund or moneys provided by the Oireachtas, or any specific departmental or other public funds other than as aforesaid were, at the date of the passing of that Act, applicable to or towards the discharge of the expenses or any part of the expenses of any such public service, it shall be lawful for the Executive Council, by order, to make all such apportionments of public funds as may be rendered necessary by reason of the allotment by that Act of different portions of any such public service to different Departments of State, and to provide for the winding-up and the payment into or disposal for the benefit of the Exchequer, in such manner as the Minister for Finance may appoint, of the whole or any part of the specific departmental or other public funds out of which such expenses or any part thereof had theretofore been payable or which had theretofore been applicable in or towards the discharge of such expenses or any part thereof as aforesaid, and to declare that such expenses shall thereafter be paid out of moneys provided by the Oireachtas:

AND WHEREAS by the said Ministers and Secretaries Act, 1924 , the public services of the Department of Agriculture and Technical Instruction for Ireland in relation to fisheries were allotted to the Department of Fisheries and the other public services of the said Department of Agriculture and Technical Instruction for Ireland were allotted to other Departments of State:

AND WHEREAS at the date of the passing of the said Ministers and Secretaries Act, 1924 , the fund known as the Endowment Fund, and established under Section 15 of the Agriculture and Technical Instruction (Ireland) Act, 1899, was applicable to or towards the discharge of the expenses of the Department of Agriculture and Technical Instruction for Ireland:

AND WHEREAS the annual income of the said Endowment Fund amounts to the sum of £125,700 or thereabouts:

AND WHEREAS by reason of the public services of the Department of Agriculture and Technical Instruction for Ireland having been allotted to different Departments of State as aforesaid it has become necessary to make certain apportionments of the said Endowment Fund:

AND WHEREAS it is expedient that provision should be made for the winding-up of the said Endowment Fund so far as the same was applicable towards the discharge of expenses in relation to the public services of the Department of Agriculture and Technical Instruction for Ireland allotted to the Department of Fisheries and for payment into or disposal for the benefit of the Exchequer in such manner as the Minister for Finance may appoint of the portions of the said Fund applicable to the payment of such expenses.

NOW the Executive Council of Saorstát Eireann, in exercise of the powers conferred on them by the said Section 10 of the Ministers and Secretaries Act, 1924 : (No. 16 of 1924), and of every and any other power them in this behalf enabling, do hereby order as follows :—

1. This Order may for all purposes be cited as the Endowment Fund (Second Apportionment and Winding-Up) Order, 1925.

2. The Interpretation Act, 1923 (No. 46 of 1923), shall apply to the interpretation of this Order in like manner as it applies to the interpretation of an Act of the Oireachtas.

3. The annual sum of £10,650 (Ten thousand, six hundred and fifty pounds) is hereby apportioned out of the income of the Endowment Fund as the amount of such income heretofore applicable towards the expenses of the public services of the Department of Agriculture and Technical Instruction for Ireland in relation to fisheries allotted as aforesaid to the Department of Fisheries.

4. The said annual sum of £10,650 (Ten thousand, six hundred and fifty pounds) shall be deemed to have issued exclusively out of the apportioned annual sum of £51,300 which is by virtue of paragraph (a) of Section 15 of the Agriculture and Technical Instruction (Ireland) Act, 1899, and the Local Taxation (Customs and Excise) Duties Grant Order, 1924, placed at the disposal of the Department of Agriculture and Technical Instruction for Ireland, for the purposes of Part II of the said Act.

5. In the financial year ending on the 31st day of March, 1925, and in every succeeding financial year the said annual sum of £10,650 (Ten thousand, six hundred and fifty pounds) hereinbefore apportioned out of the said apportioned annual sum of £51,300 placed at the disposal of the Department of Agriculture and Technical Instruction for Ireland as aforesaid, shall be paid into or disposed for the benefit of the Exchequer in such manner as the Minister for Finance may appoint.

6. So much as the Minister for Finance shall direct of the moneys paid to the Department of Agriculture and Technical Instruction for Ireland out of the said apportioned annual sum of £51,300 during the financial year ending on the 31st day of March, 1925, shall be deemed to have been so paid on foot of the said sum of £10,650 which under this Order is to be paid into or disposed for the benefit of the Exchequer in that financial year.

7. The expenses of the public services of the Department of Agriculture and Technical Instruction for Ireland allotted as aforesaid to the Department of Fisheries shall, as on and from the 2nd day of June, 1924, be paid out of moneys provided by the Oireachtas.

8. Nothing in this Order shall prejudice or affect the liability to the Guarantee Fund under Sub-section (2) of Section 6 of the Purchase of Land (Ireland) Act, 1891, of any of the moneys dealt with by this Order,

Dated this 5th day of March, 1925.

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