1. Central Fund of Saorstát Eireann substituted for Consolidated Fund.
(1) The Fund mentioned in Article 61 of the Constitution of Saorstát Eireann as the one fund to be formed subject as therein of all the revenues of Saorstát Eireann shall be called and known as "The Central Fund of Saorstát Eireann," and may for brevity be referred to in any Act of the Oireachtas, Statutory Rule or Order or other state or official document as "The Central Fund."
(2) Every mention of and reference to the Consolidated Fund contained in any British Statute shall, where the context so requires or admits, be construed and take effect as respects the doing or not doing after the 6th day of December, 1922, of any act, matter or thing in Saorstát Eireann under or in pursuance of such Statute as a mention of or reference to The Central Fund.