And whereas money for the construction of some of the said works was granted by the Appropriation Act, 1894, said by the Naval Works Act, 1895, and the sum of one million pounds granted by the latter Act will soon have been wholly expended:
And whereas it is expedient to make further provision for the construction of those works and also to make provision for the construction of the other works specified in the schedule to this Act:
Now we, Your Majesty's most dutiful and loyal Subjects the Commons of the United Kingdom of Great Britain and Land in Parliament assembled, having considered the premises and being desirous to provide forthwith for the construction of the said works, have cheerfully granted to Your Majesty a further sum of two million seven hundred and fifty thousand pounds, to be paid out of the Consolidated Fund, towards defraying the expenses incurred or to be incurred for the said construction, and we have resolved that the said sum may be provided as herein-after mentioned; and we do most humbly beseech Your Majesty that it may be enacted, and be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:
Power for Admiralty to construct scheduled works.1. The Admiralty may forthwith proceed with the construction of the works specified in the schedule to this Act at the places therein mentioned, and for that purpose may acquire such lands and execute such works as they may deem expedient.
Issue of money out of Consolidated Fund for purposes of Act. 2. In addition to the sums authorised by any other Act to be issued, the Treasury shall issue out of the Consolidated Fund or the growing produce thereof such sums not exceeding in the whole the sum of two million seven hundred and fifty thousand pounds as may be required by the Admiralty for the purposes of this Act.
Restrictions on applications of money issued. 3.— (1.) Before any moneys are issued for the purpose of expenditure under any one of the heads in the schedule to this Act, the Admiralty shall submit to the Treasury an estimate, with such details as may be required by the Treasury, of the expenditure under that head for which it is for the time being proposed to issue money, and shall therewith state the period within which it is proposed to expend the money so issued.
(2.) There shall be no excess of any expenditure for any work specified in the schedule above the amount stated for that work in the fifth column of the schedule, unless the Treasury and Admiralty are satisfied that the excess will be compensated by savings on the expenditure specified in that column of the schedule for other works so that no excess will be caused over the total expenditure specified in the fifth column of the schedule; and in such cases the savings may be applied in payment of the excess.
Application of surplus income of year 1895-6 for expenses of scheduled works 4. Such sum as is shown by the account certified by the Comptroller and Auditor-General under section four of the Sinking Fund Act, 1875, to be the surplus of income above expenditure for