Clause 40, definition clause.
_Summary of Finance Provisions._
(Clauses 12-20.)
Clause 13. The Irish Parliament is to have the right to impose all
taxes except customs and excise.
The Irish Parliament to pay annually to the British Exchequer these
sums, fixed at the level for the following 30 years:--
L1,466,000 as interest on the Irish share in the National Debt.
1,666,000 towards the Army and Navy.
110,000 towards the Imperial Civil expenditure.
1,000,000 towards the Irish Constabulary.
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L4,242,000 in all.
The Irish Exchequer to pay annually L360,000 towards the reduction of
the National Debt, and their payment of interest to be reduced in
proportion.
If any reduction takes place in Army and Navy to the extent of reducing
British proportions below 15 times the Irish, then the Irish to be
reduced by 1-15th.
The Irish Government to receive the revenues of Crown Lands in Ireland.
If the Irish Constabulary is reduced, then the Irish contribution
towards Constabulary to be reduced accordingly.
Clause 14. The first charge for the Irish contributions to be on the
customs and excise collected in Ireland.
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