No. 74/1947:

SMALL DWELLINGS (RATES OF INTEREST ON ADVANCES) ORDER, 1947.

SMALL DWELLINGS (RATES OF INTEREST ON ADVANCES) ORDER, 1947.

DEPARTMENT OF LOCAL GOVERNMENT.

H.17747/2/46.

WHEREAS by section 5 of the Housing Act, 1921, as adapted by subsequent enactments, the Minister for Local Government is empowered with the approval of the Minister for Finance, from time to time by order to fix the rate of interest on advances under section 1 of the Small Dwellings Acquisition Act, 1899, as amended by the Housing (Ireland) Act, 1919, and the Housing (Miscellaneous Provisions) Act, 1931 , and to fix different rates of interest for different purposes and in different cases :

NOW THEREFORE, the Minister for Local Government in exercise of the powers conferred on him by section 5 of the Housing Act, 1921, as adapted as aforesaid, by this his Order, with the approval of the Minister for Finance, orders and directs as follows :—

1. This Order may be cited as the Small Dwellings (Rates of Interest on Advances) Order, 1947.

2. The Interpretation Act, 1937 , applies to this Order.

3. This Order shall not apply to any of the local authorities mentioned in the Schedule to this Order, but shall apply to every other local authority.

4. Notwithstanding anything to the contrary contained in any Order heretofore made under the said section 5 of the Housing Act, 1921, the rate of interest on advances made by any local authority to which this Order applies, subsequent to the date of this Order, under section 1 of the Small Dwellings Acquisition Act, 1899, as amended as aforesaid, is hereby fixed at the rate of three per centum per annum.

SCHEDULE.

The Lord Mayor, Aldermen and Burgesses of Cork;

The Council of the County of Limerick.

GIVEN under the Official Seal of the Minister for Local Government this Seventeenth day of February, One Thousand Nine Hundred and Forty-seven.

(Signed) SEÁN MACENTEE,

Minister for Local Government.

I approve of this Order.

(Signed) PROINNSIAS MAC AODHAGÁIN,

Minister for Finance.