ECCLESIASTICAL COMMISSIONERS (LOANS FOR CHURCH TRAINING COLLEGES) MEASURE 1931 No. 2) No. 2

2 Power to guarantee loans made by other lenders. U.K.

In addition to or instead of themselves making any such loan the Commissioners may upon such terms and conditions or unconditionally as they may think proper guarantee at the risk of their [F1 general fund] the due repayment of any such loan made by any other body or person and the payment of interest in respect thereof.

Textual Amendments

F1 Words substituted by virtue of Church Commissioners Measure 1947 (No. 2), s. 18(2)