Section 2 Expenditure to be defrayed out of revenues of Greenwich Hospital.C1

All expenditure which under the Greenwich Hospital Acts, 1865 to 1883, is in the first instance defrayed out of moneys provided by Parliament for the purpose, shall be defrayed directly out of the money for the time being standing to the credit of the Greenwich Hospital Income Account.

If in any year the money standing to the credit of that account should prove inadequate to meet the expenditure chargeable on it, it shall be the duty of Her Majesty’s Paymaster-General from time to time, under the direction of the Admiralty, to carry over from the Greenwich Hospital Capital Account such sums as may be required to make good any such deficiency.