S.I. No. 12/1925 - Endowment Fund (First Apportionment and Winding-Up) Order, 1925.

STATUTORY RULES AND ORDERS. 1925. No. 12.

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

SAORSTÁT EIREANN.

The following Order; namely:

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

has this day been made by the Executive Council.

DUBLIN

This 5th day of March, 1925.

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

(No. 12 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 b 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 'but of which such expenses or any part thereof` had theretofore been payable or which had theretofore been applicable in or- to wards the discharge of such expenses or any part thereof as aforesaid, and to declare that such expenses shall thereafter be paid out 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 technical instruction were allotted to the Department of Education' 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 there was on the 2nd day of June, 1924, a considerable balance to the credit of the said Fund:

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 Education 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 (First Apportionment and Winding-Up) Order, 1925.

2. The Interpretation Act, 1923 (No. 46 of 1923), applies 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 £42,000 (Forty-two Thousand 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 technical instruction allotted as aforesaid to the Department of Education.

4. The said sum of £42,000 (Forty-two Thousand Pounds) shall be deemed to have issued exclusively out of the annual income of the surplus of the Church Temporalities Fund, and to have been part of the annual sum payable out of that income under paragraph (b) of Section 15 of the Agriculture and Technical Instruction (Ireland) Act, 1899.

5. The sum of £15,000 (Fifteen Thousand Pounds) is hereby apportioned out of the balance standing as aforesaid to the credit of the Endowment Fund on the 2nd day of June, 1924, as the amount of such balance applicable towards the expenses of the public services of the Department of Agriculture and Technical Instruction for Ireland in relation to technical instruction allotted as aforesaid to the Department of Education.

6. Out of the annual sum payable under paragraph (b) of Section 15 of the Agriculture and Technical Instruction (Ireland) Act, 1899, out of the annual income of the surplus of the Church Temporalities Fund, the Irish Land Commission shall, during the financial year ending on the 31st day of March, 1925, and in every succeeding financial year, pay into or dispose for the benefit of the Exchequer in such manner as the Minister for Finance may appoint the said annual sum of £42,000 (Forty-two Thousand Pounds) hereinbefore apportioned out of the income of the Endowment Fund.

7. So much as the Minister for Finance shall direct of the moneys paid by the Irish Land Commission during the financial year ending on the 31st day of March, 1925, and before the date of this Order to the Department of Agriculture and Technical Instruction for Ireland out of the surplus of the Church Temporalities Fund shall be deemed to have been so paid on foot of the said sum of £42,000 (Forty-two Thousand Pounds) payable under this Order by the Irish Land Commission in that financial year.

8. Out of the said balance standing to the credit of the Endowment Fund on the 2nd day of June, 1924, the Department of Agriculture and Technical Instruction for Ireland shall pay into or dispose for the benefit of the Exchequer in such manner as the Minister for Finance may appoint the said sum of £15,000 (Fifteen Thousand Pounds) hereinbefore apportioned out of the said balance.

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

10. Nothing in this Order shall prejudice or affect the liability as part of the contingent portion of the Guarantee Fund under Sub-section (2) of Section 40 of the Irish Land Act, 1903, of any of the moneys dealt with by this Order.

Dated this 5th day of March, 1925.

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