Public Money Drainage Act 1850

Loans to the same Owner in Ireland restricted to 5,000l.

X. And be it enacted, That the Commissioners of Public Works in Ireland shall not make any Order for any Loan under the said Act of the Tenth Year of Her Majesty, “to facilitate “the Improvement of Landed Property in Ireland,” the said secondly-recited Act of the last Session of Parliament, and this Act, or any of them, to the same Owner to a larger Amount than Five thousand Pounds; or if any previous Order or Orders have been made under such Acts or any of them for a Loan or Loans to the same Owner in respect of the same or any other Land, or to any previous Owner of the same Land in respect of such Land, the said Commissioners shall not make such Order for a Loan to a larger Amount than will, with the Sum which has been or may be issued under such previous Order or Orders, make up Five thousand Pounds.