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Power to suspend sinking fund payments, &c., in case of money borrowed for revenue-producing works.
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4. Where money is borrowed by a local authority for the purpose of the construction of new or extension or alteration of existing works forming or to form part of an undertaking of a revenue-producing character, then, notwithstanding anything to the contrary contained in any Act, it shall be lawful for the annual provision requied to be made by the local authority for the repayment of the money so borrowed to be suspended while the expenditure out of that money remains unremunerative for such period and subject to such conditions as the Minister of Health or other authority by whom the borrowing is sanctioned may determine. Provided that such suspension shall not be for a longer period than five years from the commencement of the financial year next after that in which such expenditure commences to the incurred.
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