Seed Supply Act, 1924
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Validation of borrowing of certain sums. |
6.—(1) This section applies to all sums which— | |
(a) have been or shall be borrowed with the approval of the Minister by the council of a county on or after the 1st day of December 1923 and before the 1st day of December 1924 for the purpose of providing seed potatoes or seed oats or both seed potatoes and seed oats for distribution in such county or in any particular portion thereof, or | ||
(b) have been borrowed with the approval of the Minister before the passing of this Act by the council of any of the rural districts mentioned in the Schedule to this Act for the purpose of defraying any liability incurred by such council in pursuance of a scheme approved of by the Minister under the Local Authorities (Indemnity) Act, 1923 (No. 49 of 1923) for the provision by such council of seed potatoes or seed oats or both seed potatoes and seed oats. | ||
(2) Every sum to which this section applies shall be deemed to have been legally borrowed by the council by which the same was borrowed, and shall be repaid by such council on or before the 31st day of March 1926 with interest at the rate agreed upon. | ||
(3) Every sum to which this section applies and the interest thereon at the rate aforesaid shall be deemed to be charged as from the date on which such sum was borrowed on the poor rate leviable in the county or rural district (as the case may be) of the council by which the same was borrowed. |