Local Loans Fund Act, 1935

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Number 16 of 1935.


LOCAL LOANS FUND ACT, 1935.


ARRANGEMENT OF SECTIONS

Section

1.

Definitions.

2.

The appointed day.

3.

Establishment of the local loans fund.

4.

Issues from the fund.

5.

Borrowing on behalf of and advances to the fund.

6.

Moneys outstanding in respect of local loans.

7.

Creation and issue of securities on behalf of the fund.

8.

Accounts of the fund.

9.

The capital of the fund.

10.

The income of the fund.

11.

Investment of the fund.

12.

Interest on and repayment of future local loans.

13.

Variation of interest on and repayment of existing and future local loans.

14.

Writing off assets of the fund.

15.

Penal interest.

16.

Deduction from local grants, etc., of moneys due to the fund.

17.

Regulations.

18.

Expenses.

19.

Repeal.

20.

Short title.


Acts Referred to

Approved Investments Act, 1933

No. 34 of 1933

Finance Act, 1931

No. 31 of 1931

Finance Act, 1930

No. 20 of 1930

Adaptation of Enactments Act, 1922

No. 2 of 1922

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Number 16 of 1935.


LOCAL LOANS FUND ACT, 1935.


AN ACT TO MAKE PROVISION FOR THE ESTABLISHMENT, MAINTENANCE, FINANCING, AND MANAGEMENT OF A FUND TO BE THE SOURCE FROM WHICH LOANS FROM PUBLIC MONEYS TO LOCAL AUTHORITIES OR FOR LOCAL PURPOSES AND OTHER SIMILAR LOANS WILL BE MADE, AND TO PROVIDE FOR OTHER MATTERS CONNECTED WITH THE MATTERS AFORESAID, [17th April, 1935.]

BE IT ENACTED BY THE OIREACHTAS OF SAORSTAT EIREANN AS FOLLOWS:—