1. Public Works Loan Commissioners empowered to grant priority of security in respect of loans to harbour authorities by other persons.
2. Such priority not to give validity to any security which could not have been given if this Act had not passed.
3. How priority may be granted.
4. Harbour authorities empowered to borrow money to pay off debts having priority over securities for loans by Public Works Loans Commissioners.
5. Short title.