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THE LOCAL AUTHORITIES LOANS ACT, 1914

(ACT NO. IX OF 1914).
  Part No : Chapter No : Section No: [ 28th February, 1914  
  
     1 An Act to consolidate and amend the law relating to the grant of loans to Local Authorities.
 
Preamble
    WHEREAS it is expedient to consolidate and amend the law relating to the borrowing powers of local authorities; It is hereby enacted as follows:-
 
CONTENTS
 
SECTIONS
 
1. Short title and extent
2. Definitions
3. Borrowing powers of local authority
4. Power to Government to make rules
5. Remedy by attachment if loan not repaid.
Attachment not to defeat prior charges legally made
6. Issue of short term bills
7. Loans not to be effected except under this Act
8. [Omitted]
9. [Repealed]
SCHEDULE
 
 

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