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Power to borrow Money at a lower Rate of Interest.
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CII. Provided always, and be it enacted, That in case the said Commissioners can at any Time borrow or take up any Sum of Money at a lower Rate of Interest than the Certificates which for the Time being shall be in force shall bear, it shall be lawful for the said Commissioners to borrow and take up, and they shall (if so required by the Parties interested) borrow and take up from Time to Time, in manner aforesaid, upon like Certificates, at such reduced Rate of Interest, any Sum which may be required to pay off the Monies secured by the existing Certificates; and the Repayment of such new Loan shall be secured in like Manner upon the Monies accruing to the said Commissioners under their Award as aforesaid; and the said Commissioners shall pay off and discharge the Certificates or Securities bearing a higher Rate of Interest accordingly.
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