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Power to lend for purchase of tolls of bridge on security of county cess.
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6. Where any Commissioners, acting under any Act of Parliament passed either before or after the passing of this Act in relation to any bridge or the tolls thereof, are authorised to borrow any sum or sums of money for the purpose of the purchase of the tolls payable on such bridge, or of paying off any lien or incumbrance on such tolls, or otherwise of freeing such bridge from toll, and the principal and interest of the sum or sums so borrowed are charged by such Act on the county cess or grand jury rate of any county, or of any part or parts thereof, and are required by the said Act to be presented by the grand juries of such county, the Commissioners of Public Works in Ireland may, if it seems fit, lend, in accordance with the Acts relating to loans by those Commissioners, any sum or sums of money for the purposes aforesaid; and if an arrangement for any such loan has been made by the Commissioners of Public Works, and approved by the Treasury before the passing of this Act, the sum or sums may be lent on the terms of such arrangement.
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For the purpose of any loan under this section, the grand jury or grand juries shall present the amount required for the repayment of such loan and the interest thereon, and direct the same to be raised by the instalments and at the times required for such repayment, and the same shall be raised accordingly; and the provisions of this Act with respect to the recovery of an amount required for the repayment of an advance to a grand jury shall, without prejudice to any other remedy, apply in like manner as if a loan under this section, and the interest thereon, were an advance made to a grand jury in pursuance of the Acts mentioned in the First Schedule to this Act: Provided, that where the said loan is charged on the county cess or grand jury rate of a part only of a county, the same shall be applotted, raised, and levied in that part only.
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