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Application of fund by Commissioners.
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4. The Commissioners shall hold the said Irish Reproductive Loan Fund on trust to dispose of the same by way of loan with a view to carry into effect the purposes of this Act.
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The purposes of this Act shall be deemed to be such purposes or objects of public utility [1
not otherwise provided for in whole or in part by local rate or assessment], including the instruction in and the promotion of agricultural science in the ten counties aforesaid, as the said Commissioners may think fit, with this addition, that in the case of the said maritime counties the purposes of this Act shall be deemed to include all or any of the following things, in this Act referred to as fishery purposes; that is to say,
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(1.) The building, purchase, or repairs of vessels, boats and gear for fishery purposes; and
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(2.) The purchase, erection, or repairs of houses and sheds for the curing of fish; and
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(3.) The purchase of materials to be used for the purposes of oyster cultivation.
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[1 Words in brackets rep. as regards the counties of Roscommon and Tipperary, 46 & 47 Vict. c. 33. s. 2.] |
