Local Government Act, 1941
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Borrowing by public assistance authorities. |
66.—(1) A local authority which is a public assistance authority may borrow for the purposes of defraying any expenses incurred by them as such public assistance authority in the same manner in which a sanitary authority may borrow for the purposes of defraying expenses under the Public Health Acts, 1878 to 1931. | |
(2) The provisions of the Public Health Acts, 1878 to 1931, in relation to borrowing by a sanitary authority (except sub-sections (2) and (3) of section 238 of the Public Health (Ireland) Act, 1878 ) shall, with the necessary modifications, apply in relation to any borrowing by a local authority under this section. | ||
(3) Money borrowed under this section may be lent to a local authority by means of an issue from the local loans fund as if such loan constituted a local loan within the meaning of the Local Loans Fund Acts, 1935 to 1940, and was authorised by an Act of the Oireachtas. |