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Money may be borrowed for the Purposes of this Act, from Public Loan Commissioners or from Commissioners of Public Works.
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CIII. And be it enacted, That it shall and may be lawful for the Commissioners for carrying into execution an Act passed in the First and Second Years of the Reign of His late Majesty King William the Fourth, intituled An Act for the Extension and Promotion of Public Works in Ireland, or for the Commissioners appointed and acting under an Act Passed in the Fifth Year of the Reign of Her present Majesty, intituled An Act to authorize the Advance of Money out of the Consolidated Fund, to a limited Amount, for the carrying on of Public Works and Fisheries and Employment of the Poor, and to amend the Acts authorizing the Issue of Exchequer Bills for the like Purposes, or any Act or Acts for amending the same respectively; and the said Commissioners are hereby respectively empowered from Time to Time, out of any Funds at their Disposal, to lend and advance any Sum of Money which may be necessary for the Purposes of this Act upon the Credit of the Award to be made as herein-after mentioned, provided that no Advance of Money shall be made by either of the said Commissioners for any of the Purposes aforesaid, unless with the Consent of the Commissioners of Her Majesty’s Treasury; and that all such Monies so lent and advanced by either of such Commissioners shall be repaid from and out of the Monies accruing to the Commissioners for the Execution of this Act under the said Award, by and from the Charges aforesaid, within such Period, either by One Payment, or by half-yearly Instalments of such Amount, and with such Interest as the said Commissioners of the Treasury shall direct.
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