Harbours (Grants and Loans Limit) Act (Northern Ireland) 2021

Legislation Crest

Harbours (Grants and Loans Limit) Act (Northern Ireland) 2021

2021 CHAPTER 1

An Act to amend the Harbours Act (Northern Ireland) 1970 to increase the statutory limit on certain grants and loans for harbour works etc.

[1st March 2021]

BE IT ENACTED by being passed by the Northern Ireland Assembly and assented to by Her Majesty as follows:

Increase of limit on grants and loans for harbour works, etc.

1.—(1) In section 4 of the Harbours Act (Northern Ireland) 1970 (limit on aggregate of loans and grants under sections 2 and 3 of that Act) for “£35 million” substitute “£90 million”.

(2) Article 4 of the Financial Provisions (Northern Ireland) Order 1989 (increase of limit on grants and loans for harbour works) is repealed.

Commencement

2.  This Act comes into operation on the day after this Act receives Royal Assent.

Short title

3.  This Act may be cited as the Harbours (Grants and Loans Limit) Act (Northern Ireland) 2021.