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Money borrowed to be secured by a charge on rates authorized by this Act.
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90. Provided always, that all money to be borrowed under the provisions of this Act shall be secured by a charge on the rates hereby authorized, under the seal of the guardians or other persons appointed or authorized to act as guardians, or under the seal of the commissioners, as the case shall require, and shall carry interest after such rate as may in such charge be mentioned; and in the case of money borrowed for the purchase of land or any interest therein for building or enlarging a workhouse, or furnishing and fitting up the same, or providing utensils, instruments, or machinery for setting the poor to work, the principal money shall be repaid by annual instalments of not less than one twentieth of the sum borrowed; the first of such instalments to be paid at or before the expiration of one year after the time of the advance of such money, if at the time of such advance any workhouse in the union shall have been declared by the commissioners fit for the reception of destitute poor, and if no workhouse in the union shall have been so declared fit, then at or before the expiration of one year after the time when some workhouse shall have been so declared fit, and in every case not otherwise provided for by this Act such principal money shall be repaid by such instalments as in the charges by which the same shall be secured shall, with the consent of the commissioners, be specified in that behalf: . .
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