The Short Title of this Act shall be “The Wellington Hospital Loan Act 1874 Amendment Act, 1875.”

This Act shall be read as part of “The Wellington Hospital Loan Act, 1874.”

Subject to any mortgage or mortgages granted or agreed to be granted under the provisions of the said Act, the Trustees may expend any part of the moneys arising from the sale of any of the lands mentioned in the said Act in the construction of a convenient road or convenient roads for giving access to the lands comprised in the Lots numbered one, two, and three, on the plan of the Town Belt, which are mentioned in the Third Schedule to “The Wellington City Reserves Act, 1872,” and in the purchase of any lands which the Trustees may deem it necessary to acquire for the purposes of such road or roads, and, subject to the application authorized by this present section, of the moneys to arise from the sale of any of the said lands, the said moneys shall be applied in manner directed by the fifth section of “The Wellington Hospital Loan Act, 1874.”

Subject as aforesaid, the Trustees may exchange any part of the lands comprised in the said lots, or any of them, for any lands which may be required for the purposes of any road or roads to be constructed as aforesaid, and may give or receive any moneys by way of owelty of exchange.