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Borrowing by county councils.
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37.—(1) The council of a county may borrow for the purposes of an agricultural scheme or a forestry scheme as if those purposes were purposes for which they are authorised to borrow under Article 22 of the Schedule to the Local Government (Application of Enactments) Order, 1898, and money borrowed under this section by the council of a county for the purposes of any such scheme shall not be reckoned as part of the total debt of such council for the purposes of the said Article.
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(2) Moneys borrowed under this section by the council of a county for the purposes of an agricultural scheme shall be recouped to such council by the committee of agriculture for such county at such times, and in such manner, and with such interest as shall be appointed by regulations made by the Minister after consultation with the Minister for Local Government and Public Health.
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(3) Moneys borrowed under this section by the council of a county for the purposes of a forestry scheme shall be recouped to such council by the committee of agriculture for such county at such times, and in such manner, and with such interest as shall be appointed by regulations made by the Minister after consultation with the Minister for Local Government and Public Health.
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