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The Commissioners, with the Sanction of the Treasury, may make Loans.
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XXVI. And be it enacted, That if the said Commissioners of Public Works shall think that a Loan in respect of any such Application would be expedient, it shall be lawful for the said Commissioners, by and with the Sanction of the Commissioners of Her Majesty’s Treasury, to make such Loan, and to certify to the Paymaster of Civil Services for the Issue of the Instalments of the same as after mentioned, to the Owner of the Land by whom such Application shall have been made, or, in case his Interest shall have determined at the Date of the first or any subsequent Instalment, to the Owner for the Time being of such Land, or to such other Party or Parties as they shall think fit: Provided always, that no Loan shall be made under this Act for a less Sum than the Sum of One hundred Pounds.
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