Trade Facilities Act 1926
| Jurisdiction | UK Non-devolved |
| Citation | 1926 c. 3 |
| Year | 1926 |
Trade Facilities Act, 1926
(16 & 17 Geo. 5.) CHAPTER 3.
An Act to amend the Trade Facilities Acts, 1921 to 1925, by increasing the maximum limit of the loans in respect of which guarantees may be given under those Acts and by extending the period within which such guarantees may be given, and to extend the periods during which guarantees may respectively be given and remain in force under the Overseas Trade Acts, 1920 to 1924.
[26th March 1926]
Be it enacted by the King's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
1 Increase of amount of loans which may be guaranteed under 11 & 12 Geo. 5. c. 65, and extension of period for giving guarantees.
(1) The maximum limit on the aggregate capital amount of the loans, the principal or interest of which may be guaranteed under subsection (1) of section one of the Trade Facilities Act, 1921, as amended by any other enactment, shall be increased from seventy million pounds to seventy-five million pounds.
(2) The period within which guarantees may be given under the said section one (which period as now limited will expire on the thirty-first day of March, nineteen hundred and twenty-six) shall be extended by one year.
2 Extension of periods during which guarantees may be given and remain in force under Overseas Trade Acts, 1920 to 1924.
2. The period within which new guarantees may be given under the Overseas Trade Acts, 1920 to 1924, and the period during which guarantees given under the said Acts (including renewed guarantees) may remain in force, shall be extended by three years so as to expire on the eighth day of September, nineteen hundred and twenty-nine, and the eighth day of September, nineteen hundred and thirty-three, respectively.
3 Short title.
3. This Act may be cited as theTrade Facilities Act, 1926, and the Trade Facilities Acts, 1921 to 1925, and section one of this Act may be cited together as the Trade...
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