(1) The funded and unfunded debt of the United Kingdom, inclusive of terminable annuities paid out of the permanent annual charge for the National Debt, and inclusive of the cost of the management of the said funded and unfunded debt, but exclusive of the Local Loans Stock and Guaranteed Land Stock, and the cost of the management thereof; and
(2) All other charges on the Consolidated Fund of the United Kingdom for the repayment of borrowed money, or to fulfil a guarantee.
Expenditure.
For the purpose of this Act Imperial expenditure consists of expenditure for the following services:—
1. Naval and military expenditure (including Greenwich Hospital).
2. Civil expenditure, that is to say—
(a) Civil list and Royal family.
(b) Salaries, pensions, allowances, and incidental expenses of—
(i.) Lord-Lieutenant of Ireland.
(ii.) Exchequer judges in Ireland.