Galway Harbour (Composition of Debt) Act, 1867

Power to Treasury to compound the said Debt of 20,656l. 4s.

5. It may be lawful for the Commissioners of Her Majesty’s Treasury, by any Deed or Instrument to be executed at any Time after the passing of this Act, under the Hands of any Two or more of such Commissioners, to compound the said Debt of Twenty thousand six hundred and fifty-six Pounds Four Shillings now remaining, due to the Commissioners of Public Works as aforesaid by the Galway Harbour Commissioners as follows, viz., that the said Debt shall be assumed to be and shall be taken at the Sum of Ten thousand Pounds.