http://www.legislation.gov.uk/ukpga/Vict/38-39/89/section/9Public Works Loans Act 1875An Act to consolidate with Amendments the Acts relating to Loans for Public Works.1979-06-30texttext/xmlenStatute Law Database2020-04-17Expert Participation2020-02-25 Objects, Terms, and Duration of Loan9F3Local loans. . . . F1The F4Treasury in considering the propriety of granting a F5local loan shall have regard to the sufficiency of the security for its repayment, . . . F2