# Public Works Loans Act 1875, Section 37: Suspension of payment of principal and interest.

Extent: E+W+S+N.I.

The Treasury may... postpone for any time not exceeding five years the payment of the instalments of principal and interest, or either, due or to become due in respect of a local loan for the purpose of any work, and that upon such terms and conditions for the completion and improvement of such work, and the ultimate payment of such principal and interest, as the Treasury may ... authorise.

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Source: https://www.legislation.gov.uk/ukpga/Vict/38-39/89/section/37 (the official version)
Page: https://openlegislation.uk/public-works-loans-act-1875/section-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.