PUBLIC WORKS LOAN (1929) ORDINANCE

Arrangement of Sections

1. Short title.

2. Authority to Governor to borrow for certain purposes.

3. Loans to be a charge upon general revenue and assets.

4. Method of issuing loans.

5. Rate of exchange in calculation of amount of sterling loan.

6. Transfer of sums from an item of Schedule to another purpose.

7. Refund from loan to general revenue.

8. Enlargement of limitation of interest imposed by section 3 of the Ceylon Inscribed Rupee Stock Ordinance.

9. Date of commencement of contributions to sinking fund.

10. Power to issue Treasury Bills, and to repay expenditure in respect thereof from money borrowed under this Ordinance.

SCHEDULE

26 of 1929.

AN ORDINANCE to make provision for certain loans for the construction of certain public works and other purposes.

[Date of Commencement: 29th October, 1929]

1. Short title.

This Ordinance may be cited as the Public Works Loan (1929) Ordinance.

2. Authority to Governor to borrow for certain purposes.

The Governor is hereby authorized to raise by a loan or loans a total sum not exceeding thirty-eight million eight hundred and forty thousand rupees to be appropriated and applied in accordance with the provisions of sections 7 and 10 of this Ordinance and for the purposes specified in the Schedule, and, in addition to such sum as aforesaid, such further sum as may be necessary to defray the expenses of the raising of the loan.

3. Loans to be a charge upon general revenue and assets.

The principal moneys and interest subscribed or payable in respect of a loan authorized by this Ordinance are hereby charged upon and shall be payable out of the general revenue and assets of Ceylon.

4. Method of issuing loans.

A loan authorized by this Ordinance may be raised by such installments, at such time or times, and by such of the following methods as the Governor may direct—

(a) by the issue of stock under the provisions of the Ceylon Inscribed Rupee Stock Ordinance;

(b) by the issue of stock or debentures or both under the provisions of the General Loan and Stock Ordinance;

(c) by any other method or methods approved by a resolution of the State Council and by a Secretary of State.

5. Rate of exchange in calculation of amount of sterling loan.

For the purpose of calculating the total sum which may be borrowed under the authority of this Ordinance any sum borrowed in sterling currency shall be converted into rupees at the rate of one shilling and six pence to the rupee.

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OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


NATIONAL TRANSPORT COMMISSION (AMENDMENT) ACT, NO. 6 OF 2017


ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


NATIONAL TRANSPORT COMMISSION (AMENDMENT) ACT, NO. 6 OF 2017


ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


NATIONAL TRANSPORT COMMISSION (AMENDMENT) ACT, NO. 6 OF 2017


ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


NATIONAL TRANSPORT COMMISSION (AMENDMENT) ACT, NO. 6 OF 2017


ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


NATIONAL TRANSPORT COMMISSION (AMENDMENT) ACT, NO. 6 OF 2017


ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015


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ECONOMIC SERVICE CHARGE (AMENDMENT) ACT, NO. 7 OF 2017


CIVIL PROCEDURE CODE (AMENDMENT) ACT, NO. 8 OF 2017


OFFICE ON MISSING PERSONS (ESTABLISHMENT, ADMINISTRATION AND DISCHARGE OF FUNCTIONS) (AMENDMENT) ACT, NO. 9 OF 2017


IMMIGRANTS AND EMIGRANTS (AMENDMENT) ACT, No. 7 OF 2015