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Public Works Loans Act 1887
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- UK Public General Acts
- 1887 c. 37
- Section 2
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2Grants for Public Works and Scotch Fishery Board.
(1)For the purpose of local loans there may be issued by the National Debt Commissioners the following sums; namely,—
(a)For the purpose of loans by the Public Works Loan Commissioners, any sum or sums not exceeding in the whole the sum of two million pounds:
(b)For the purpose of loans by the Commissioners of Public Works in Ireland, any sum or sums not exceeding in the whole one million pounds:
(c)For the purpose of loans by the Fishery Board for Scotland, any sum or sums not exceeding in the whole thirty thousand pounds.
(2)The sums so issued shall be issued during a period ending on the day on which a further- Act granting money for the purposes of those loans comes into operation, and in accordance with the provisions of the [50 & 51 Vict. c. 16.] National Debt and Local Loans Act, 1887.
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