Westland Loan Act Amendment Act 1874
Westland Loan Act Amendment Act 1874
Westland Loan Act Amendment Act 1874
Westland Loan Act Amendment Act 1874
Public Act |
1874 No 6 |
|
Date of assent |
13 August 1874 |
|
Contents
An Act to amend “The Westland Loan Act, 1873.”
Preamble.
WHEREAS by “The Westland Loan Act, 1873,”
(hereafter referred to as “the said Act,”
) it was provided that the moneys raised under the authority thereof should be issued and applied to the payment and discharge of such of the debts and liabilities of the County Council of Westland, incurred before the passing of the said Act, as the Governor should direct: And whereas the sum of forty-three thousand five hundred and five pounds and threepence have been applied to the purposes authorized by the said Act: And whereas it is expedient that authority should be given to issue and apply the sum of seven thousand two hundred and ninety-four pounds nineteen shillings and ninepence, being the unexpended balance of the moneys so raised as aforesaid, to the purposes hereafter specified:
Be it therefore enacted by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—
1 Short Title.
The Short Title of this Act shall be “The Westland Loan Act Amendment Act, 1874.”
2 What sums to be applied to payment of debts of County of Westland.
Out of the moneys raised under the authority of the said Act, there shall and may be issued and applied, at such times and in such manner as the Governor may from time to time direct, any sum or sums not exceeding the sum of seven thousand two hundred and ninety-four pounds nineteen shillings and ninepence, to and for the purpose of paying such of those debts and liabilities of the County of Westland which became chargeable against the Province of West-land, as the Governor directs to be paid.
After the payment of all such of the said debts as the Governor directs, the residue of the said sum of seven thousand two hundred and ninety-four pounds nineteen shillings and ninepence shall be issued and paid to the Provincial Account of the Province of West-land, and thereafter be deemed to be part of the ordinary revenues thereof.
All moneys so issued and applied shall, for the purposes of the said Act, be deemed to be and be charged and treated as applied to purposes authorized by the said Act.