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13. The Commissioners of Public Works may, if they think fit, with the consent of the Treasury, out of any moneys placed at their disposal by Parliament for the making of loans, make loans to railway and other public companies, to the trustees of canal and river navigations, and to harbour commissioners, now or here-after to be incorporated or constituted as the case may be, having borrowing powers, and in favour of which any such guarantee as is herein-after mentioned has been given; and also to the trustees of drainage districts appointed and constituted under the provisions of the Drainage (Ireland) Act, 1842, and the Acts amending the same; at such rate of interest as the Treasury have fixed for loans to which section two of the Public Works Loans Act, 1879, applies, or may from time to time fix in pursuance of that section, and otherwise upon the same terms and conditions as apply to loans made by the said Commissioners for the like purposes under the Public Works (Ireland) Act, 1831, and the Acts amending the same: Provided, that no loan under this section and the following section shall be made to any railway company or tramway company, or to the trustees of any canal and river navigation, other than those mentioned in the schedule to this Act.
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