§ Bill as amended, considered.
§ Clause 10 (Interest on Loan).
§ MR. STEVENSONmoved, as an Amendment, in page 5, line 24, to add at end of clause the following Proviso:—
Provided, that when the aggregate amount of principal moneys due by any harbour authority to the Commissioners under The Harbours and Passing Tolls, &c. Act, 1861, exceeds one hundred thousand pounds, the rate of interest on such excess shall be three and a half per cent. or such higher rate, not exceeding five per cent., as may in the judgment of the Treasury be necessary to enable the loan to be made without loss to the Exchequer.
§ THE CHANCELLOR OF THE EXCHEQUERconsented to the Amendment.
§ Amendment agreed to; words inserted. Clause, as amended, agreed to. Bill read the third time, and passed.