Drainage and Improvement of Lands Act (Ireland) 1863

Commissioners to make an Order for Advance.

38. The Commissioners shall thereupon cause an Inquiry to be made into all the Circumstances of the Case, and may, if after such Inquiry they shall so think fit, make an Order for the Advance to the Drainage Board of the Money required for the Completion of the Works: Provided always, that no Issue or Instalment of any such Loan or Advance shall be made unless the said Commissioners shall be satisfied that the Drainage Board have previously boná fide expended a Sum of Money equal to the Amount of such Issue or Instalment in the Drainage and Improvement of such District, nor in any Case shall any such Loan or Advance be made exceeding One Moiety of the Monies proposed to be expended on the Drainage and Improvement of such District; and every Loan to be made by the said Commissioners of Public Works under this Act shall be issued by Instalments not exceeding at any Time One Fifth of such Moiety; and no Second or any subsequent Instalment of any such Loan shall be made until it shall have been proved to the Satisfaction of the said Commissioners, in such Manner as they shall require, that the preceding Instalment has been properly expended on the Works for which such Loan shall have been sanctioned and approved of by the said Commissioners.