HC Deb 06 March 1900 vol 80 c262

7. "That a sum, not exceeding £60,686, be granted to Her Majesty, to defray the charge which will come in course of payment during the year ending on the 31st day of March, 1900, to make good the sum by which the interest accrued in the year ended 20th November, 1899, from securities held by the National Debt Commissioners, on account of 'The Fund for the Banks for Savings' and 'The Fund for Friendly Societies' was insufficient to meet the interest which the said Commissioners are obliged by statute to pay and credit to trustees of savings banks and to friendly societies; and also the sum by which the interest accrued in the year ended 31st December, 1899, from securities held by the National Debt Commissioners on account of 'The Post Office Savings Bank Fund,' was insufficient to meet the interest which the said Commissioners are obliged by statute to pay and credit to depositors and the expenses incurred during that year in the execution of the Acts relating thereto."

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