RAILWAYS LOAN ORDINANCE, 1905

RAILWAYS LOAN ORDINANCE, 1905

No. 11 of 1905.

For raising the sum of Two Million Pounds by Loan for
the purpose of defraying the cost of a Railway from Kow-
loon, and for other Railway purposes.
WHERES it is expedient to give autbority to the Governor to raise as
oceasion requires loans )iot exceeding
purpose of defraying the cost of a Railwat from Kowloon and for
otber railwaY purposes:-
1. The Railways Loan Ordinance, 1.90.5.

2. The Governor may-, as occasion requires, borrow sums not
exceeding
provtsions of the General Loan anti Inscribed Stock Ordinance,
1893.

3. The contribution to the. sinking fund as contemplated in
C
sections 7 and 8 of the said Ordinance shall commence at the
expiration of 5 years from the date on which the interest on the
inscribed stock to be issued under this Ordinance shall begin to
accrue.

Short title. Power to Governor to borrow L2,000,000. No. 1 of 1893. Contribution to sinking fund.

Short title. Power to Governor to borrow L2,000,000. No. 1 of 1893. Contribution to sinking fund.

https://oelawhk.lib.hku.hk/items/show/946

1912

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No. 11 of 1905

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