Public Health (Scotland) Act 1897 : 60 & 61 Vict. Ch. 38.

  • Great Britain.
Date:
1897]
Catalogue details

Licence: Public Domain Mark

Credit: Public Health (Scotland) Act 1897 : 60 & 61 Vict. Ch. 38. Source: Wellcome Collection.

    67/88 (page 65)
    the purposes specified in this section and for no other purpose ^..1). 1897. whatsoever. —— 141. It shall be lawful for the local authority to borrow for the Power of purpose of prorv-iding offices for the use of the local authority, and l^or'itals^&c'^ for providing and furnishing such permanent hospitals, d'sinfecting ' * premises and apparatus, houses of reception, or mortuaries as are herein-before authorised, and on the security of the public health general assessments, such sums of money and at such times as they shall deem necessary for that purpose, and to assign the said public health general assessments in security of the money to be so borrowed; and the bonds to be granted on such borrowing and transferences or assignations and discharges thereof may be in or near to the forms contained in the Second Schedule hereto annexed; and such bonds shall be signed by two members and the clerk of the local authority, and shall constitute a lieu over the assessments thereby assigned, and shall entitle the creditors therein to recover the sums thereby due out of the first and readiest of the sard assess- ments ; but no such member or officer shall be personally liable for the repayment of such money so borrowed, and all such obligations shall be deemed and taken to be granted on the sole security of the assessments thereby assigned, and the money so borrowed shall be repayable either in one sum or by instalments, as may be arranged between the borrower and the lender, but so that the same shall be wholly repaid, together with the accruing interest, within thirty years from the date of the loan; but the amount of such loans, including interest, shall form a charge against the assessments of the years intervening between the date of such loans and the date of full repayment; and the money so borrowed as aforesaid shall be applied for the purposes specified in this section and for no other purpose whatsoever. 142. The Public Works Loan Commissioners may, on the Power to recommendation of the Board, make any loan to any local authority ^o^n C^mis- in pursuance of any powers of borrowing conferred by this Act or gioners to lend by the Acts hereby repealed, or by the Burgh Police (Scotland) to local Act, 1892, whether for works already executed or yet to he 1^^^^^^^ ^^ executed, on the security of any fund or rate applicable to any of purposes, the purposes of these Acts, and without requiring any further or other security, such loan to be repaid within a period not exceeding thirty years, and to bear interest at such rate as may, in the judgment of the Treasury, be necessary in order to enable the loan to be made without loss to the Local Loans Fund. Provided as follows— (1.) That in determining the time when a loan as aforesaid shall . be repayable, the Public Works Loan Commissioners shall have regard to the probable duration and continuing utility of the works in respect of which the same is required ; (2.) That this Act shall not extend to any loan required for the purpose of defraying expenses incurred in enforcing the performance of or in performing the duty of a defaulting local authority.