PUBLIC OFFICES (ACQUISITION OF SITE) ACT, 1895, Session 2 (59 Vict. c. 23); PUBLIC OFFICES (WHITEHALI.) SITE ACT, 1897 (60 & 61 Vict. BUILDINGS EXPENSES ACT, 1903 (3 Edw. 7. c. 41); FINANCE ACT, 1908 (8 Edw. 7. c. 112), and PUBLIC BUILDINGS As to the disposal of this sum, see Statement III. in House of Commons Paper 33 of 1909 c. 5); PUBLIC OFFICES (WESTMINSTER) SITE ACT, 1896 (59 & 60 Vict. c. 27); PUBLIC BUILDINGS EXPENSES ACT, 1898 (61 Vict. c. 5); PUBLIC 1908 (8 Edw. 7. c. 16, s. 9); PUBLIC OFFICES SITES (EXTENSION) ACT, EXPENSES ACT, 1913 (3 & 4 Geo. 5. c. 14). ↑ Although the Act of 1903 authorized an additional issue of 1,790,000l., it in effect increased the authorized expenditure of the Office of Works by 1,675,238l. 198. 3d. only, the balance of 114,7617. 08. 9d. being required to make good the net loss by depreciation of Securities in which the sum of 2,360,000l. was invested under the Act of 1898 (vide 3 Edw. 7. c. 41. Schedule). ☛ (16)19615 (0.6) Wt 29148-2258 625 3/23 (No. 45) E & S A 2 II.-STATEMENT showing the Moneys borrowed and the Securities created. 6 October 1903 44,000 2,3047. 128. *The proceeds of sale of old building materials have been appropriated in aid of the Votes for Art and Science Buildings and Public Buildings respectively. †The vendor of a house on the site received in part payment for his interest, the lease of No. 3, Whitehall Place, on advantageous terms. This arrangement involved a net charge of 4371. per annum on the Public Buildings Vote until 1912. This sum does not include (a) Value of land in possession of the Commissioners of H.M. Works, &c., before the passing of 59 Vict. c. 5. (b) Value of property in King Street exchanged for land belonging to the Crown at Cannon Row. In connexion with this transaction a sum of 48,6287. 178. Gd., being equality of exchange, has been paid over to the National Debt Commissioners, in accordance with 61 Vict. c. 5, section 1, subsection 4. § Certain buildings transferred from the Commissioners of Woods exceeded the value of those given in exchange by the Commissioners of H.M. Works, &c., by the sum of 96,3261. 28. 10d. The estimated value of the buildings thus acquired was 245,3127., but the account was charged with the difference only. This sum does not include the cost of land belonging to the Crown, which forms the largest part of the site, and was valued at 404,8781. Part of the purchase money in respect of this land is being paid by way of terminable annuity out of the Consolidated Fund. x 19615 B *The proceeds of sale of old building materials have been transferred to the Post Office Savings Bank Funds. The amount due in respect of the difference between the value of the premises in Queen Victoria Street formerly occupied by the Savings Bank, and the cost of the new Savings Bank premises erected under the above-mentioned Acts, including the cost of the site, has been transferred to the Post Office Savings Bank Funds. This expenditure is in addition to expenditure borne upon the Vote for Public Buildings as shown in the Appropriation Accounts for 1904-5 and 1913-14. This expenditure is in addition to the sum of 202,4211. 58. 11d., being cost of the land purchased by the Trustees of the British Museum, 200,000l. of which is now being paid for by terminable annuity provided for in the Vote for British Museum under 57 & 58 Vict. c. 34. § This sum does not include expenditure amounting to 55,5691. Ss. 10d., defrayed from funds derived from the Stuckey Lean Bequest. A payment of 150l. was made in 1920-21 for the preparation of designs for a scheme of decoration at the British Museum, which was ultimately abandoned. Of this amount 987. 158. 7d. was charged to the funds provided under the Act of 1903, the balance of 51l. 48. 5d. being met from the Vote for Art and Science Buildings, Great Britain. ¶ In addition to the expenditure included in this Account, the sum of 1747. 88. 4d. was defrayed during 1912-13 from the Vote for Public Buildings, Class I., Vote 10 vide page 88 of the Appropriation Accounts for 1912-13). ** The proceeds of sale of old building materials have been appropriated in aid of the Vote for Public Buildings. H.M. Office of Works, &c. 28 November 1922. I have examined the above Accounts. I have obtained all the information and explanations that I have required, and I certify, as the result of my audit, that in my opinion the Accounts are correct. Malcolm G. Ramsay, Comptroller and Auditor General. REPORT OF THE COMPTROLLER AND AUDITOR GENERAL. Malcolm G. Ramsay, Comptroller and Auditor General. Printed under the authority of HIS MAJESTY'S STATIONERY OFFICE |