Public Works Loans Act, 1888

Isle of Man Loans.

43 & 44 Vict. c. 8.

24 & 25 Vict. c. 47.

8. [Preamble recites the Isle of Man Loans Act, 1880.]

(1) The power of borrowing under that Act for harbour purposes shall include the powers of guaranteeing the repayment of any loan to be made to the Isle of Man Harbour Commissioners, under the Acts of Parliament relating to those Commissioners, and of giving the security mentioned in the Isle of Man Loans Act, 1880, as collateral or additional security to the security to be given by the said Harbour Commissioners for any such loan.

(2) The Government of the Isle of Man shall be deemed to be a harbour authority within the meaning of section three of the Harbours and Passing Tolls, &c. Act, 1861.