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business devolving on the several branches of the said department, or such amalgamation thereof or of any of them, may be made, as the Minister of Finance with the approval of the Governor in Council may from time to time direct.

By 33 V., c. 7, see infra, 80 much of this Act as provides for the appointment of a Deputy Inspector General is repealed and the Auditor-General is appointed Deputy Head of the Department.

Constitution nd duties.

4. There shall be a Board to be called the “ The Treasury Treason Board,” which shall consist of the Minister of Finance, the Re- Board, its ceiver General, the Minister of Customs and the Minister of Inland Revenue, and shall act as a Committee of the Queen's Privy Council for Canada, on all matters relating to Finance, Revenue and Expenditure, or Public Accounts, which may be referred to it by the Council, or to which the Board may think it necessary to call the attention of the Council, and shall have power to require from any public department, board or officer, or other person or party bound by law to furnish the same to the Government any account, return, statement, document, or information which the Board may deem requisite for the due performance of its duties : and there shall be a Secretary to

Secretary. the Board to be appointed from time to time by the Governor during pleasure, and through whom the Board shall communicate with any Public Department, or officer, or other person or party; and such Secretary may or may not, as to the Governor may seem fit, hold any other office in the Civil Service.

ul of

5. So much of any Act or law as may be inconsistent with Repea this Act, or makes any provision in any matter provided for by inconsistent this Act other than such as is hereby made, is repealed.

enactments,

33 VICT. CAP. 7.

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An Act to amend the Law respecting the Department

of Finance.

[Assented to 12th May, 1870.] TTER Majesty, by and with the advice and consent of the Preamble. 11 Senate and House of Commons, enacts as follows:

1. The office of Deputy Inspector General is hereby abolished, Office of and so much of the Canada Civil Service Act, 1868, or of the Ph

10 Inspector Act respecting the Department of Finance, as provides for the General appointment of any such officer, or assigns any power or duty abol

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Proviso.

to him, is hereby repealed; and the Auditor-General shall be the Deputy Minister of Finance and the Deputy Head of the Department: Provided that the present incumbent of the office of Deputy Inspector General shall retain his title of office and rank, so long as he remains an officer of the Department.

31 VICT. CAP. 32.

An Act respecting the Consolidated Revenue Fund.

(Assented to 22nd May, 1868.]

Preamble.

ITER Majesty by and with the advice and consent of the N1 Senate and House of Commons of Canada, declares and enacts as follows:

What money? 1. All Duties and Revenue over which the respective Legis-
shall form part latures of the late Province of Canada, Nova Scotia and New
of the said
Fund.

Brunswick, before and at the time of the passing of the British
North America Act, 1867, had, and over which the Parliament

of Canada now has the power of appropriation, shall form and Charges

are hereby declared to have formed since the Union, one Conthereon. solidated Revenue Fund to be appropriated for the public service

of Canada, in the manner and subject to the charges hereinafter mentioned, and in the following order, that is to say:

First.

Firstly.The costs, charges and expenses incident to the Collection, &c. collection, management and receipt thereof, subject to be re

viewed and audited in such manner as is now or may hereafter be by law provided;

Second.
Public debt.

Secondly.The annual interest of the Public Debts of the several Provinces of Canada, Nova Scotia and New Brunswick, at the Union;

Tbird.

Thirdly.-The Salary of the Governor-General :

Fourth.

Fourthly.The Principal and Interest at a rate not exceeding Intercolonial four per cent. per annum of the Loan of three million pounds Railway.

sterling, to be raised for the purpose of constructing the Intercolonial Railway, under the provisions of an Act of the present Session of the Parliament of Canada, chapter thirteen, upon the guarantee of the payment of interest on such loan at a rate not exceeding four per centum per annum by the Commissioners of Her Majesty's Treasury, or the principal and interest at a like rate of such part of the said loan as may be raised;

Fifthly.-An annual sum at the rate of one per centum per Hifth. annum, as a Sinking Fund on the entire amount of principal Sinking Fund. money of the loan herein last before mentioned;

Sixthly.-Any sum which shall be issued out of the Consoli- Sixth. dated Fund of the United Kingdom under the Canada Railway Advance Loan Act, 1867, with the interest thereon at the rate of five per centum per annum;

same,

Seventhly.—The sum of one million pounds sterling, which, Seventh..

Loan for same. by the thirty-second section of the Act of the present session of the Parliament of Canada, chapter thirteen, the Government of Canada is empowered to raise for the completion of the Intercolonial Railway, but without the guarantee of the Commissioners of Her Majesty's Treasury, and interest thereon.

Council to

2. The Governor in Council may, from time to time, make Governor in such regulations as he deems necessary for the management of make recula. the Public Debt of the Dominion and the payment of the interest tions as to the thereon, and may provide for the creation and management of me

ment of debt and pay

ment of a Sinking Fund or other means of securing the re-payment of interest. any loans that may be raised under the authority of Parliament, and may appoint one or more fiscal agents of the Dominion in Fiscal agent, the City of London or elsewhere, and agree with them as to the &c. rate of compensation to be allowed them for negotiating loans and for paying the interest on the Public Debt, and for other services connected with the management of the said debt, and may pay the sums necessary to provide such Sinking Fund or other means as aforesaid, and such compensation, out of the Consolidated Revenue Fund.

3. The Grants payable to the several Provinces of Quebec, Grants to the

9 Provinces to Ontario, Nova Scotia and New Brunswick, under the one hun- be a charge on dred and eighteenth section of the British North America Act, the Fund. 1867, and the allowance payable to New Brunswick under the one hundred and nineteenth section of the said Act, shall be charged upon the Consolidated Revenue Fund of Canada, and payable out of any unappropriated moneys forming part thereof.

counts how to

4. The Public Accounts of the Dominion shall be kept by Public acdouble entry in the Offices of the Receiver-General and of the Minister of Finance; and an annual statement shall be prepared as soon as possible after the termination of each fiscal year, exhibiting the state of the Public Debt and the amount chargeable against each of the Public Works for which any part of the debt has been contracted; also the state of the Consolidated Annual stateRevenue Fund and of the various Trusts and special Funds montan under the management of the Government of the Dominion, and such other accounts and matters as may be required to shew what the liabilities and assets of the Dominion really are at the date of such statement.

it sball shew.

36 VICT. CAP. 30.

An Act to re-adjust the amounts payable to and

chargeable against the several Provinces of Canada by the Dominion Government, so far as they depend on the debt with which they respectively entered the Union.

[Assented to 23rd May, 1873.1

Preamble.

HEREAS by the provisions of The British North

y America Act, 1867,” and by the terms and conditions under which the Provinces of British Columbia and Manitoba were admitted into the Dominion, Canada became liable for the debts and liabilities of each Province, existing at the time of its becoming part of the Dominion, subject to the provision that each Province should, in account with Canada, be charged with interest at the rate of five per cent. per annum on the amount by which its said debts and liabilities exceeded, or should receive interest at the same rate by half yearly payments in advance, on the amount by which its said debts and liabilities fell short of, certain fixed amounts ;

And whereas the amount fixed as aforesaid in the case of the Provinces of Ontario and Quebec, conjointly (as having theretofore formed the Province of Canada), was sixty-two million five hundred thousand dollars ($62,500,000), and the debt of the said late Province, as now ascertained, exceeded the said sum by ten million five hundred and six thousand and eighty-eight dollars and eighty-four cents ($10,506,088.84) for the interest as aforesaid on which the said two Provinces were chargeable in account with Canada ;

And whereas it is expedient to relieve the said Provinces of Ontario and Quebec from the said charge, and for that purpose hereafter to consider the fixed amount in their case as increased by the said sum of ten million five hundred and six thousand and eighty-eight dollars and eighty-four cents; and to compensate the other Provinces for this addition to the general debt of Canada : Therefore Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:

sum fixed b

Increase of the 1. In the accounts between the several Provinces of Canada B. N. A. Act,

boy and the Dominion, the amounts payable to and chargeable as to Quebec against the said Provinces respectively, in so far as they depend and Ontario ; on the amount of debt with which each Province entered the and as to other Provinces in Union, shall be calculated and allowed as if the sum fixed by sape propor- the one hundred and twelfth section of “ The British North

America Act, 1867,” were, increased from sixty-two million five hundred thousand dollars, to the sum of seventy-three million,

tion.

six thousand and eighty-eight dollars and eighty-four cents, and as if the amounts fixed as aforesaid, as respects the Provinces of Nova Scotia and New Brunswick, by The British North America Act, 1867," and as respects the Provinces of British Columbia and Manitoba by the terms and conditions on which they were admitted into the Dominion, were increased in the same proportion.

2. The subsidies to the several Provinces, in July, one thou- Subsidies in sand eight hundred and seventy-three, shall be paid in accord- July, 1873. ance with the foregoing provisions of this Act.

3. All sums payable under this Act shall be a charge upon Sums under and payable out of the Consolidated Revenue Fund of Canada, this Act how

paid and and accounted for in like manner as other moneys payable for accounted for. like purposes out of the same.

37 VICT. CAP. 3

An Act to declare the intention of the Act thirty-sixth

Victoria, chapter thirty, as regards the subsidy to be allowed to Nova Scotia.

[Assented to 26th May, 1874.]

ed.

W H EREAS doubts have arisen under the first section of the Preamble.

V Act thirty-sixth Victoria, chapter thirty, intituled “ An 3 Act to re-adjust the amounts payable to, and chargeable against the several Provinces of Canada, by the Dominion Government, 80 far as they depend on the debt with which they respectively entered the Union,as to whether the increased subsidy to be allowed to the Province of Nova Scotia under the said Act should be based on the sum of eight million dollars mentioned in the one hundred and fourteenth section of " The British North America Act, 1867,” or on the sum of nine million, one hundred and eighty-six thousand, seven hundred and fifty-six dollars, to which the said sum of eight million dollars was increased by the Act thirty-second and thirty-third Victoria, chapter two, 32–33 V., c. 2. intituled “ An Act respecting Nova Scotia ;For the removal of such doubts, Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, declares and enacts as follows :

and fourteenght million under the said" ghty-six' thor on the ection of cars mentio

1. It was and is the intention of the Act first above men- Intention of tioned (thirty-sixth Victoria, chapter thirty) that the increased 36 V., c. 30,

declared. subsidy to be allowed to the Province of Nova Scotia under the

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