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SCHEDULES.

NINTH SCHEDULE

PART ITransitional Provisions.

Provisions when liability for loan is transferred to the council who made the loan.

5Where the liabilities of an authority transferred to a council under Part VII. of this Act comprise a liability on account of money advanced by that council to the authority, the Minister may make such orders as he thinks fit for providing for the repayment of any debts incurred by the council for the purposes of those advances within a period fixed by the order, and, where the money advanced to the authority was money standing to the credit of any sinking fund or capital money applied under the [51 & 52 Vict. c. 41.] Local Government Acts, 1888 and [56 & 57 Vict. c. 73.] 1894, or either of them, for the repayment to the proper fund or account of the amount so advanced.