# Government Life Annuities Act 1694, Section VIII: Appropriation of Money advanced.


And it is hereby further enacted by the authority aforesaid That out of the money that shall bee levyed or paid by virtue of this Act into the receipt of their Majesties Exchequer as well upon loans as otherwise one moiety thereof shall bee and is hereby appropriated for the services of the navy and ordnance for sea service performed and to bee performed and that all other money which shall bee levied and paid by virtue of this Act into the receipt of the Exchequer as well upon Loans as otherwise shall bee applied and appropriated and is hereby appropriated to and for the payment of his Majesties land-forces and armies and the paying for armes ammunition and other charges incident to the warr and not otherwise.

---
Source: https://www.legislation.gov.uk/aep/WillandMar/6-7/5/section/VIII (the official version)
Page: https://openlegislation.uk/government-life-annuities-act-1694/section-VIII
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.