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Relaxation of limit of borrowing powers of local authorities in certain cases.
38 & 39 Vict. c. 55.
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6.—(1) Any money borrowed by a local authority before the first day of April, nineteen hundred and twenty-three, if certified by the Minister of Health to have been borrowed for the purpose of any work undertaken by the authority with a view to the provision of employment for unemployed persons, and any money borrowed under the provisions of this Act for the purpose of providing temporarily for current expenses, shall not be reckoned as part of the debt of the local authority for the purposes of any enactment limiting the powers of borrowing by that authority.
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(2) Until the first day of April, nineteen hundred and twenty-three, subsection (3) of section two hundred and thirty-four of the Public Health Act, 1875 (which prohibits the Minister of Health from sanctioning a loan in certain cases until one of his inspectors has held a local inquiry and reported to the Minister), shall cease to have effect.
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