Purchase of Land (Ireland) Act, 1891

Establishment of Guarantee Fund.

41 & 42 Vict. c. 52.

51 & 52 Vict. c. 60.

46 & 47 Vict. c. 60.

49 & 50 Vict. c. 59.

5.(1) There shall be established a Guarantee Fund under the direction of the Treasury, consisting of a cash portion and a contingent portion, and in every financial year there shall be paid to the Fund—

(a) in respect of the [1] cash portion of the Fund—

(i) the Irish probate duty grant; and

(ii) a sum of forty thousand pounds, which shall in every financial year be paid out of the Consolidated Fund (in this Act referred to as the Exchequer contribution); and

(iii) [2] the county per-centage; and

(b) in respect of the [3] contingent portion of the Fund, if and when and to the extent required in pursuance of this Act,—the Irish share of the local taxation (customs and excise) duties and the following local grants, that is to say, grants—

(i) for rates and contributions in lieu of rates on Government property in Ireland;

[1] (ii) for the expenses of the Commissioners of National Education in Ireland under the accounts headed “Model Schools” and “National Schools”;

(iii) in aid of the maintenance of children in industrial schools in Ireland;

(iv) in aid of the salaries of schoolmasters and schoolmistresses in workhouses in Ireland, of the salaries of medical officers of workhouses and of dispensaries in Ireland, and of the cost of medicines and medical and surgical appliances in Ireland, and of the salaries of officers appointed or constituted under the Public Health (Ireland) Act, 1878; and

(v) in aid of the cost of maintenance of pauper lunatics in district asylums in Ireland;

and the several sums constituting the cash portion and the contingent portion respectively of the Guarantee Fund shall be applicable to the purposes of that Fund in the order specified in this section.

(2) The cash portion of the Guarantee Fund, so far as not required in any financial year for meeting charges on the Fund, shall, subject to the provisions of this Act with regard to the [2] county per-centage, be applied as follows, that is to say:—

(a) The Irish probate duty grant shall be paid to the Local Taxation (Ireland) Account, and applied in manner provided by section three of the Probate Duties (. . . Ireland) Act, 1888.

(b) The Exchequer contribution shall be carried to a [3] Reserve Fund until a sum of two hundred thousand pounds has been so carried; and so far as not required for that purpose shall be paid to the Local Taxation (Ireland) Account; and the share of the municipal boroughs to which this Act does not apply shall be ascertained and applied as if it were part of the Irish probate duty grant; and the residue shall be divided [4 between the counties as nearly as may be in the proportion of the shares of the counties in the Irish probate duty grant; and such residue shall be applied towards the cost of providing labourers’ cottages in the several counties under the Labourers (Ireland) Acts, 1883 to 1886, on such terms and conditions and subject to such regulations as the Lord Lieutenant thinks expedient, save that where it appears to him, on the representation of the Local Government Board, that the whole or any part of such residue applicable to any county cannot with advantage be so applied, he may order the same to be applied as if it were the share of the county in the Irish probate duty grant].

(3) The money paid to the cash portion of the Guarantee Fund shall from time to time during every financial year, so far as not required to meet charges on the fund already accrued, be forthwith paid to the Local Taxation (Ireland) Account.

[1 The agricultural grant under 61 & 62 Vict. c. 37, s. 48, is also payable to the cash portion of the fund; see 3 Edw. 7. c. 37, s. 40(1).]

[2 But see now 59 & 60 Vict. c. 47, s. 27.]

[3 Further grants are also payable to the contingent portion of the fund; see 61 & 62 Vict. c. 37, s. 58 (6), 3 Edw. 7. c. 37, s. 40 (2).]

[1 As to these grants in congested districts counties, see 3 Edw. 7. c. 37, s. 73.]

[2 But see now 59 & 60 Vict. c. 47, s. 27.]

[3 But see 3 Edw. 7. c. 37, s. 43.]

[4 Words in brackets rep. 6 Edw. 7. c. 37, s. 38, except as to money payable before Nov. 1, 1906, and provision made as to application of “the residue” by 6 Edw. 7. c. 37, s. 18.]