Application of Act to loans under 55 & 56 Vict. c. 43; 60 & 61 Vict. c. 6; and 57 & 58 Vict. c. 60.
11.The provisions of this Act with respect to loans on the security of a local rate shall extend—
(a) to loans under the Military Lands Acts, 1892 and 1897, on the security of land, and of a grant out of money provided by Parliament; and
(b) to loans under section six hundred and sixty-three of the Merchant Shipping Act, 1894, on the security of the [1]
Mercantile Marine Fund, or of the several dues, rates, fees, and payments to be carried to that fund, or of any part thereof.
Miscellaneous.
[1 Now the General Lighthouse Fund, see 61 & 62 Vict. c. 44, s. 1 (1) (c).]