§ Clause 21, page 19, line 26, leave out subsections (2) and (3).
§
LORD BAYFORD moved that this Amendment be agreed to and proposed to insert in Clause 21 instead of the said subsections (2) and (3) the following subsection:
(2) The aggregate amount which may be demanded under this Part of this Act in any one financial year by a catchment board from the council of any county or county borough shall not, except with the consent of the majority of those members of the catchment board who are appointed by the councils of counties and county boroughs exceed the estimated amount which would be produced by a rate of twopence in the pound levied on that part of the county or county borough which is within the catchment area:
Provided that where the catchment board has borrowed or is about to borrow any money in pursuance of this Act the foregoing provisions shall, if the said members or the majority thereof so resolve, have effect during the currency of the loan as if the said sum of twopence were increased by such amount as is specified in the resolution.
In this subsection the expression 'financial year' means a year ending on the thirty-first day of March.
§ The noble Lord said: My Lords, I beg to move.
§ Moved, That this House doth agree with the Commons in the said Amendment and proposes a consequential Amendment.— (Lord Bayford.)
§ On Question, Motion agreed to.