|
|
Definitions.
|
51. In this Act, if not inconsistent with the context,—
|
|
| |
The expression “person” includes a body of persons, whether corporate or unincorporate :
|
|
| |
The expression “financial year” means the year ending the thirty-first day of March :
|
|
| |
The expression “prescribed” means prescribed by the regulations made under this Act with the approval of the Treasury:
|
|
| |
The expression “special Act” means any Act passed before the passing of this Act which authorises the Loan Commissioners to lend money for the purposes of any work mentioned in the First Schedule to this Act and any Act passed after the passing of this Act, which authorises the Loan Commissioners to lend money for any purpose:
|
|
| |
The expression “security” includes a mortgage :
|
|
| |
The expression “mortgage” includes a charge and any instrument in the nature of a mortgage or charge, and in Scotland any heritable security :
|
|
| |
The expression “conveyance” includes any grant, assignment, transfer, or other disposition or assurance; and the expression “convey” shall be construed accordingly :
|
|
| |
The expression “rate” means a rate, cess, or assessment the proceeds of which are applicable to public local purposes and leviable on the basis of a valuation of property, and includes any sum which, though obtained in the first instance by a precept, certificate, or other instrument requiring payment from some authority or officer, is or can be ultimately raised out of a rate, as before defined, and the making and levying of a rate includes the issue and enforcement of any such precept, certificate, or instrument as aforesaid, and expressions relating to the making and levy of a rate shall be construed accordingly :
|
|
| |
Any toll, due, rent, imposition, and other sum not being a rate as above defined shall be deemed to be property for the purposes of this Act.
|
|
| |
All references to a mortgagor or borrower shall, if need be, be deemed to include a reference to the successors heirs executors administrators and assigns of, or other persons claiming through or under such mortgagor or borrower.
|
| |
Temporary Provisions and Repeal.
|
| |
[Ss. 52, 54 rep. 46 & 47 Vict. c. 39. (S.L.R.) S. 53 rep. 56 & 57 Vict. c. 54. (S.L.R.)]
|
