Search Legislation

Harbours Act (Northern Ireland) 1970

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As enacted)
 Help about advanced features

Advanced Features

More Resources

Changes over time for:

 Help about opening options

Changes to legislation:

There are currently no known outstanding effects for the Harbours Act (Northern Ireland) 1970. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

N.I.Financial Provisions

30Accounts, &c., relating to harbour authorities.N.I.

(1)An annual statement of accounts which—

(a)relates to a harbour authority (whether or not it relates also to another authority); and

(b)is, by virtue of a statutory provision made with respect to it, required to be prepared by the authority;

shall, so far as it relates to the authority, be in such form, contain such particulars and be compiled in such manner as may be prescribed in relation to the authority by regulations made by the Ministry subject to negative resolution.

(2)A harbour authority shall be under an obligation to comply with such of the following requirements as it is not, by virtue of other statutory provision made with respect to the authority, under obligation to comply with, namely—

(a)to prepare an annual statement of accounts relating to the authority;

(b)to send to the Ministry a copy of each such annual statement;

(c)to send to the Ministry a copy of the auditors' report upon each such annual statement.

(3)No regulation under subsection (1) shall be taken to require the doing of anything in contravention of any requirement imposed by [F1the Companies Act 2006] with respect to the form, contents or manner of compilation of accounts.

(4)Regulations under this section may be made so as to apply to a particular harbour authority.

31Borrowing by harbour authorities.N.I.

(1)The purposes for which a harbour authority may borrow money under any statutory provision shall include the following:—

(a)meeting any expenses properly chargeable to capital;

(b)acquiring a business or undertaking or part of a business or undertaking in the exercise of powers conferred by section 24 or any other statutory provision;

(c)subscribing for or acquiring any securities (within the meaning of that section) of a body corporate in the exercise of such powers as are mentioned in paragraph ( b).

(2)So much of any statutory provision of local application as limits the rate of interest at which a harbour authority may borrow money shall cease to have effect.

32Over-riding of limits on borrowing powers of harbour authorities.N.I.

Where the Ministry is satisfied—

(a)that expenditure incurred or to be incurred by a harbour authority for any purpose for which the authority may borrow money should be met by borrowing and repayment spread over a term of years; and

(b)that the borrowing would exceed any limit imposed by any enactment passed before 20th December 1956 on the borrowing powers of the authority;

then notwithstanding any such enactmentF2. . . the authority may borrow money to meet the expenditure.

33Miscellaneous financial provisions.N.I.

(1)Where—

(a)the Ministry recommends that the whole or any part of the principal or interest of a loan made under this Act should be written off by reason that it not likely to be recovered; and

(b)the Ministry of Finance directs that the amount is to be written off;

the amount shall be treated as a loss to the Exchequer, but this subsection shall not affect the liability of any person to pay to the Ministry the principal of, or interest on, any such loan or part thereof.

(2)Any amount which is repayable to the Ministry under this Act may, without prejudice to any other means of recovery, be recoverable by deduction from any grant or other sum payable out of money provided by Parliament or the Consolidated Fund by a government department to the person from whom the amount is due, and that grant or sum shall be abated accordingly.

Subs.(3) rep. by SLR 1976

(4)The Ministry of Finance may issue out of the Consolidated Fund to the Ministry such sums as are necessary to enable the Ministry to make loans under section 2 or grants under section 3 [F3and the Department of Agriculture and Rural Development to make grants under section 4A].

(5)For the purpose of providing sums to be issued under subsection (4), the Ministry of Finance may borrow money.

(6)Money borrowed under subsection (5) shall be repaid within sixty years from the date of borrowing and provision for the repayment may be made out of money provided by Parliament.

S.34, with Schedule 5, effects amendments

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

See additional information alongside the content

Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.

Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

Timeline of Changes

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.