Irish Reproductive Loan Fund Amendment Act, 1882

Lord Lieutenant in Council may make rules for supply of boats and gear to borrowers in lieu of money.

3. In addition to any rules heretofore made the Lord Lieutenant in Council may make such further rules as may seem expedient to enable the Inspectors of Irish Fisheries to supply, in cases where they may deem it expedient, to persons obtaining loans under the said Act and this Act, boats or fishing-gear in lieu of money; and on the certificate of the Inspectors that such boats and gear have been supplied the Commissioners may pay for such boats and gear instead of paying the money to the borrowers, which shall be as effectually binding on the borrowers, so far as the liabilities or securities they may have entered into with the Commissioners shall extend, as if such borrowers had received the actual value of such securities in money instead of boats and gear.