§ (1) This Act may be applied to any local authority, other than the council of a county or of a municipal borough, and to any other public body on the application of that authority or body, by the appropriate Government Department; and if so applied, shall be construed, with any necessary modification as if the authority or body to whom it is applied were substituted for the council of the county or of the municipal borough.
§ (2) In this Act, unless the context otherwise requires,—
§ The expression "appropriate Government Department" means, in the case of the London County Council the Treasury, in the case of other authorities or bodies in England and Wales the Local Government Board, in the case of authorities or bodies in Scotland the Secretary for Scotland, and in the case of authorities or bodies in Ireland the Local Government Board for Ireland;
§ The expression "sinking fund money" means money for the time being standing to the credit of any sinking fund, redemption fund, or fund of a like nature; and 1565 The expression "municipal borough" means, in the application of this Act to Scotland, a Royal, Parliamentary, or police burgh.
§ (3) This Act may he cited as the Public Authorities and Bodies (Loans) Act, 1916.
§ Amendments made: In Sub-section (1), after the word "borough" ["of a municipal borough"], insert the words "or urban district."
§ At end of Sub-section, add the words "or urban district."
§ In Sub-section (2), paragraph 2, after the word "fund" ["redemption fund"], insert the words "depreciation fund."—[Mr. Hayes Fisher.]
§ Clause, as amended, ordered to stand part of the Bill.
§ Bill reported; as amended, considered; read the third time, and passed.