(1) The several provisions of the deed between the Board and the Borough, a copy whereof is set out in Schedule 10 hereto, shall have effect as if the same were specifically enacted in the terms thereof in this Act, and the several powers and authorities expressed to be conferred by the said deed upon the Board and the Borough respectively may be exercised as provided by the said deed, and the several works, conditions, and obligations expressed by the said deed to be constructed, performed, and undertaken by the Board and the Borough respectively shall be performed by and be binding upon the Board and the Borough respectively.
(2) The provisions of section one hundred and fifty-four of the Municipal Corporations Act 1908, as to the control, cost of construction, and maintenance of a public highway lying along the boundary of two boroughs shall extend and apply to all existing and future public streets lying along the boundary between the Borough of Miramar and the City of Wellington as the same may be altered or extended consequent upon the carrying-out of any reclamation and the carrying into effect of the provisions of the said deed.
(3) The Borough may, and subject to the conditions set forth in the said deed shall, anything contained in the Municipal Corporations Act 1908, to the contrary notwithstanding, from time to time, by resolution, close the public streets on such part of the land described in Schedule 2 hereto as lies beyond the boundaries of the eighty-foot public street referred to in clause two of the said deed; and on the passing of such resolution such streets shall be deemed to be forthwith closed and stopped.
(4) The Council of the Borough may, in the manner and with the power or intent prescribed by the Local Bodies Loans Act 1908, with respect to the raising by a local authority of a special loan for or in connection with the construction or undertaking of any public work, or the engaging in any undertaking which the said Council is now duly authorised by law to construct, undertake, or engage in, submit to the ratepayers of the Borough of Miramar and take a poll of such ratepayers on a proposal to confirm the said deed, or such clauses thereof as the said Council may deem necessary for the purpose, and to raise a special loan for an amount not exceeding ten thousand dollars for payment thereof to the Board for or in connection with the construction by the Board of the works enumerated in the said deed, and in the manner therein mentioned, as fully and effectually, to all intents and purposes, as if the said works so to be constructed by the Board were a public work or undertaking to be constructed, provided, engaged in, or undertaken by the said Council; and for the purposes hereof the provisions of the Local Bodies Loans Act 1908, or so much thereof as may be necessary or requisite, shall, mutatis mutandis, be deemed to extend and apply hereto:
Provided that, in the event of the aforesaid proposal to confirm the said deed and to raise the said special loan not being carried at the poll to be taken thereon as hereinbefore authorised, the said Council may, if it think fit so to do, after an interval, however, of not less than three calendar months from the taking of the first poll, again submit the said proposal (that is, to confirm the said deed and to raise the said special loan) to and take a further poll of the aforesaid ratepayers thereon, in manner and with the powers as aforesaid.