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Explanation of s. 13 of 43 & 44 Vict. c. 14. as to rate of interest and duration of loans.
42 & 43 Vict. c. 77.
43 & 44 Vict. c. 14.
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2. In order to remove doubts which have arisen with respect to the meaning of the provisions of section thirteen of the Relief of Distress (Ireland) Amendment Act, 1880, as to the rate of interest and the period of repayment of loans under that section: Be it enacted that,—
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Notwithstanding anything contained in section two of the Public Works Loans Act, 1879, and section thirteen of the Relief of Distress (Ireland) Amendment Act, 1880, any loan purporting to be made under the said section thirteen shall be made repayable within such periods and at such rate of interest as are set forth in a Minute of the Treasury made on the sixteenth day of August one thousand eight hundred and seventy-nine with reference to loans to which section two of the Public Works Loans Act, 1879, applies.
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Explanation of s. 14 of 43 & 44 Vict. c. 14. as to loans to Harbour Commissioners.
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3. For the purpose of enabling a loan to be made under the said section thirteen to Harbour Commissioners, a guarantee may be granted under section fourteen of the Relief of Distress (Ireland) Amendment Act, 1880, and that Act shall have effect as if Harbour Commissioners were mentioned in section fourteen thereof after trustees of any canal or river navigation.
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Provided that the presentment sessions held next after every spring assizes for the county of Wicklow, in and for each barony of that county, guaranteeing any loan under the Relief of Distress (Ireland) Amendment Act, 1880, for making, maintaining, or improving the Harbour of Wicklow, pursuant to the Acts in that behalf, may, until such loan shall be repaid, elect one justice, by ballot, from among the justices, and one cesspayer, by ballot, from among the associated cesspayers constituting such sessions, and every justice and cesspayer so elected shall, until the end of the presentment sessions held in and for the same barony next after the then ensuing spring assizes for the said county, be associated with and become a commissioner as if appointed pursuant to the said Acts for the purposes, and with the same estate, rights, powers, privileges, and authorities, as if so appointed; and until such loan shall be repaid the number of commissioners for the purposes of the said Acts shall not be restricted to twelve: Provided, that if during his year of office such justice or cesspayer shall die, resign, or be incapable of acting as such commissioner, then and so often the other commissioners shall, from amongst the justices or associated cesspayers, as the case may be, who constituted the then last presentment sessions in and for such barony, appoint by ballot some other justice or cesspayer as a new commissioner in the place of such deceased, resigned, or incapable commissioner, all whose estate, rights, powers, privileges, and authorities as such commissioner shall vest in such new commissioner on his appointment as aforesaid.
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Provision relating to the Bandon and Kilmacsimonrailway or tramway. 43 & 44 Vict. c. 14.
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4. Notwithstanding anything contained in the Relief of Distress (Ireland) Amendment Act, 1880, loans under the thirteenth and following sections of the said Act may be made to the railway or tramway from Bandon to Kilmacsimon, and tramway from Ahada to Cloyne and Cloyne to Ballycotton, in the county of Cork, and to the Limavady and Dungiven Railway, in the county of Londonderry, and the railway from Ballywilliam to New Ross, in the county of Wexford.
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Explanation of s. 7 of 43 & 44 Vict. c. 14.
43 Vict. c. 4.
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5. Any reference in section seven of the Relief of Distress (Ireland) Amendment Act, 1880, to the board of guardians of any union authorised to give out door relief under the third section of the Relief of Distress (Ireland) Act, 1880, shall be construed to refer to the board of guardians of any union which has at any time been so authorised, and sub-section two of the said section seven shall apply whether the loan contracted was for the purpose of giving out-door relief or for any other purpose.
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