Harbours (Grants and Loans Limit) Bill - As Introduced

Harbours Bill - As Introduced.pdf (225.22 kb)

Harbours (Grants and Loans Limit) Bill

[AS INTRODUCED]

CONTENTS

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

2.         Commencement

3.         Short title

 

A

Bill

to

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

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of the Financial Provisions (Northern Ireland) Order 1989 (increase of limit on grants and loans for harbour works) is repealed.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) 2020.