# Crofters Holdings (Scotland) Act 1886, Section 32: Loans for the purchase and equipment of fishing boats.


For the purpose of enabling the Secretary of State, to make advances by way of loan to persons engaged in the prosecution of the fishing industry, whether crofters or others, in crofting parishes . . . abutting upon the sea, it shall be lawful for the Treasury to advance to the Secretary of Statesuch sums as may from time to time be placed at their disposal by Parliament for the purpose.
The purposes to which the sums advanced as aforesaid shall be applied by way of loan shall be deemed to include the building, purchase, or repair of vessels, boats, and gear for fishing purposes, and any other purpose of the like nature, for the benefit or encouragement of the fishing industry within the localities above specified, which may be sanctioned by the Secretary of State . . .
The loans in making which the said sums shall be applied, shall be made by the Secretary of Stateupon such terms as to repayment, security, rate, and payment of interest, and otherwise, as the Secretary of State, with the consent of the Treasury, shall determine.
All moneys due in respect of loans made under this Act may be recovered by the Secretary of Statesummarily, in manner provided by the Summary Jurisdiction Acts . . . .
A certificate, purporting to be signed by the Secretary of State, stating the amount due from any person in respect of any loan made to him under this Act, together with the interest thereon, shall, until the contrary is proved, be evidence of the amount due and of the liability of the person therein named to pay the same.
If at any time while any part of a loan under this Act remains unpaid, the Secretary of Stateare satisfied that the borrower is not carrying into effect the undertaking for which the loan was made, they may forthwith sue for and recover summarily the loan and all moneys due by him in respect thereof.
All moneys recovered by the Secretary of Statein repayment of such loans, and interest thereon, shall be paid by the Secretary of Stateto the account of Her Majesty’s Exchequer, as the Treasury may from time to time direct.
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Source: https://www.legislation.gov.uk/ukpga/Vict/49-50/29/section/32 (the official version)
Page: https://openlegislation.uk/crofters-holdings-scotland-act-1886/section-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.