ercise
of these powers; and an addition will be made to the Transferred Sum of
such amount as the Joint Exchequer Board may determine to be the
produce of the additional taxation. Similarly, if taxation, is reduced
by the Irish Parliament, a deduction will be made from the Transferred
Sum corresponding to the loss of revenue due to the repeal of a tax or
to collection at the lower rates.

The Irish Exchequer will therefore gain or lose by any increase or
decrease in taxation enacted by the Irish Parliament, and the net
revenue of the Imperial Exchequer will remain unaffected by such
changes.

If Excise or Customs Duties are imposed at different rates in Great
Britain and Ireland respectively, provision is made for the adjustment
of the taxes paid in respect of articles passing from one country to
the other.

As administrative difficulties might arise in certain cases if the 10
per cent. limitation mentioned above were in terms to prohibit
additions to the taxes in question to an extent of more than 10 per
cent. of the rates of tax, the Bill effects the object in view by
enacting that only such proceeds of the tax as do not exceed 10 per
cent. of the yield of the Imperial tax shall be transferred to the
Irish Exchequer.

The Bill makes no specific reference to the powers of the Imperial
Parliament to levy taxation in Ireland. The provision in clause 1 that
the supreme power and authority of the Parliament of the United Kingdom
shall remain unaffected retains the existing powers of the Imperial
Parliament in this regard.

_Transfer of the Reserved Services to the Irish Government._

After six years, the control of the Royal Irish Constabulary will pass
to the Irish Executive. The Irish Parliament is empowered to assume at
any time, with twelve months' notice, legislative and executive control
with respect to Old Age Pensions, to National Health Insurance, or to
Unemployment Insurance, together with Labour Exchanges. When any such
transfer of Reserved Services is effected, the financial burden will be
assumed by the Irish Exchequer, and an addition will be made to the
Transferred Sum corresponding to the financial relief given to the
Imperial Exchequer.

_Loans and Capital Liabilities._

Loans made for the purposes of land purchase and loans made before the
passing of the Act for other Irish purposes will be among the Reserved
Services, and the payment of interest and sinking fund charges will be
made by th