|
|
Borrowing by urban authorities for purpose of construction and maintenance of roads.
|
85.—(1) An urban authority may borrow for the purpose of defraying any expenses incurred by them in the construction and maintenance of roads in the same manner in which a sanitary authority may borrow for the purposes of defraying expenses under the Public Health Acts, 1878 to 1931.
|
|
| |
(2) The provisions of the Public Health Acts, 1878 to 1931, in relation to borrowing by a sanitary authority shall, with the necessary modifications, apply in relation to any borrowing under this section by an urban authority.
|
|
| |
(3) Money borrowed under this section may be lent to an urban authority by means of an issue from the local loans fund as if such loan constituted a local loan within the meaning of the Local Loans Fund Acts, 1935 to 1945, and was authorised by an Act of the Oireachtas.
|
