WHEREAS the Riverton Harbour Board, a duly constituted Board under The Harbours Act 1878, was empowered by The Riverton Harbour Endowment and Borrowing Act 1878, to borrow any sum of money not exceeding four thousand dollars for harbour-improvements: And whereas by The Riverton Corporation Empowering Act 1889, the said Riverton Harbour Board was dissolved, and the whole of the real and personal property vested in or held by the Riverton Harbour Board at the time of the dissolution was vested in the Mayor, Councillors, and Burgesses of the Borough of Rivertion; and all the powers, functions, duties, and authorities conferred on the Riverton Harbour Board by The Harbours Act 1878, were conferred on the Corporation of the Mayor, Councillors, and Burgesses of the Borough of Riverton: And whereas it is expedient that the said Corporation should be empowered to borrow a further sum or sums of money, not exceeding fourteen thousand dollars, for the purpose of constructing harbour-works within the Harbour or Port of Riverton:
“four thousand dollars” and
“fourteen thousand dollars” were substituted, as from 10 July 1967, for the words
“two thousand pounds” and
“seven thousand pounds” pursuant to section 7(1) Decimal Currency Act 1964 (1964 No 27).