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Assistance to harbour authorities by rating authorities.
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133.—(1) A local authority may, with the consent of the Minister for Local Government and Public Health, resolve to assist a harbour authority in any one or more of the following ways:—
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(a) by charging any rate or fund under their control for the purpose of guaranteeing any loan raised by the harbour authority,
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(b) by contributing all or part of the interest or principal of any such loan,
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(c) in the case of a harbour authority unable themselves to raise a loan, by borrowing the sum required by the harbour authority and advancing such sum to the harbour authority.
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(2) A local authority which has passed a resolution under this section shall, within fourteen days thereafter, publish the resolution in such manner as the Minister for Local Government and Public Health directs.
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(3) Not earlier than sixty days and not later than one hundred and eighty days after the passing of a resolution under this section, the local authority by whom the resolution was passed may confirm the resolution by a further resolution.
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(4) Where a resolution under this section has been duly passed, published and confirmed, the Minister for Local Government and Public Health may make an order embodying the resolution and such other provisions as he may think necessary for giving effect to the resolution and every such order shall have the force of law in accordance with its terms.
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(5) Where the amount required to be raised by a local authority for a local financial year ending on or after the 31st day of March, 1947, in order to defray the cost of assisting harbour authorities in that local financial year exceeds—
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(a) in the case of the corporation of a county borough, a sum equal to a rate of one shilling in the pound on the total of the rateable valuations of the hereditaments and tenements rateable to the municipal rate in the county borough at the commencement of that local financial year,
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(b) in the case of the corporation of a borough not being a county borough, the council of an urban district or the commissioners of a town, a sum equal to a rate of eightpence in the pound on the total of the rateable valuations of the hereditaments and tenements rateable to the poor rate (or, in the case of the borough of Dún Laoghaire, the municipal rate) in the area of the local authority at the commencement of that local financial year,
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(c) in the case of the council of a county, a sum equal to a rate of fourpence in the pound on the total of the rateable valuations of the hereditaments and tenements rateable to the poor rate in the county at large at the commencement of that local financial year,
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then, the Minister may, out of moneys to be provided by the Oireachtas, pay to the local authority a sum equal to one-half of such excess as a contribution towards such cost.
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