the southern ocean and the twenty-six degrees of south latitude, together with all and every the islands adjacent thereto, and the bays and gulphs". However, the Act gave control of the new colony to the Colonial Office as well as the Commissioners, which led to tension between the two and caused problems later. The money raised by the sale and leasing of land constituted what was called an Emigration Fund which was to be applied to the cost of conveying further immigrants from Great Britain and Ireland, in equal proportions of men and women, under 30 years of age. The colony was to be convict-free. The Act specified that those immigrating to South Australia, under the Emigration Fund, should be a married couple under the age of thirty, and that they both, along with any children they had, must immigrate to South Australia. The Act also specifically forbade the transportation of convicts to South Australia. The Act allowed for three or more appointed Commissioners, called the "Colonization Commissioners for South Australia", to oversee the sale and leasing of land in South Australia to British subjects. The Commissioners were empowered by the Act in a number of areas. They were able to appoint officers, delegate responsibilities, and make payment for the services provided. They were empowered to seek financing for the costs of starting the settlement. One method specifically prescribed in the Act was for the issuing of bonds under the seal of the Commissioners in two separate and distinct areas. Firstly, they were able to issue what was named "South Australia public lands securities" up to a sum of 50,000 pounds. This financing was to pay for the cost of transporting immigrants, until the time when the funds from land sales was sufficient to cover the cost of transportation. Secondly, they were able to issue what was named "South Australian Colonial Revenue Securities", up to a sum of £200,000. This funding was a public debt on the colonial governance, which was to provide money for the operation of the settlement. It was to be repaid by the rates and taxes imposed on the colonists. The Commissioners were required to submit to Parliament once a year a full and detailed report of the proceedings in South Australia. The Act authorised the appointment of trustees, who would oversee a guarantee against the expense of settling South Australia, purchased out of the funds