(Trolley Vehicles) Provisional Order. A.D. 1927. of the trolley vehicle routes authorised by this Order as if the same were with any necessary modifications set out in this Order Provided that for the purposes of such extension and application As to lands. 66 66 (a) Section 8 (Vehicles not to be deemed light locomotives 5 66 by the Roads Act 1920 relating to the licensing and 15 (b) Subsection (B) (4) of section 58 (For the protection of 66 8. The Corporation may (a) subject to the sanction of the Minister of Health and use; (b) by agreement from time to time purchase and acquire 40 5 10 15 (Trolley Vehicles) Provisional Order. of outstanding loans and that such moneys shall not A.D. 1927. Provided that (i) the Corporation shall not at any time under the pro- (ii) nothing in this section shall exonerate the Corporation 9.-(1) The Corporation may from time to time independently Powers to of any other borrowing power borrow at interest for the purposes borrow. mentioned in the first column of the following table the respective sums mentioned in the second column thereof and in order to secure the repayment of the said sums and the payment of interest 20 thereon they may mortgage or charge the revenue of the light railway undertaking of the Corporation and the borough fund and borough rate and they shall pay off all moneys so borrowed within the respective periods mentioned in the third column of the said table namely (2) (a) The Corporation may also with the consent of the Minister of Transport borrow such further money as may be (Trolley Vehicles) Provisional Order. A.D. 1927. necessary for any of the purposes of their trolley vehicle undertaking. Application of financial provisions of Act of 1923. (b) In order to secure the repayment of any money borrowed under this subsection and the payment of interest thereon the Corporation may mortgage or charge such revenue 5 fund or rate as may be prescribed by the Minister of Transport. (c) Any money borrowed under this subsection shall be repaid within such period as may be prescribed by the Minister of Transport. (3) The provisions of this section prescribing the revenue 10 fund or rate which may be mortgaged or charged shall not limit the powers conferred upon the Corporation by Article II. (Power to use one form of mortgage for all purposes) of the Maidstone Order 1916. 10. The following sections of the Act of 1923 shall with any 15 necessary modifications extend and apply to the exercise of the powers of this Order as if the same were re-enacted in this Order (that is to say)— (Certain provisions of Public Health Acts not to apply); Section 158 20 Costs of 11. The costs charges and expenses preliminary to and of and incidental to the preparing applying for obtaining and passing of this Order as taxed by the taxing officer of the House of Lords or the House of Commons shall be paid by the Corpora- 35 tion out of the borough fund and borough rate or out of the money to be borrowed under the powers of this Order for that purpose. BILL To confirm a Provisional Order made by the Minister of Transport under the Maidstone Corporation Act 1923 relating to Maidstone Corporation trolley vehicles. Presented by Colonel Ashley. Ordered, by The House of Commons, to be Printed, 24 May 1927. To be purchased directly from H.M. STATIONERY OFFICE at the following addresses: 120, George Street, Edinburgh; York Street, Manchester; |