The Short Title of this Act shall be “The Lyttelton Harbour Board Act Amendment Act, 1878.”

So much of the forty-third section of the said Act as enables the Lyttelton Harbour Board to borrow and raise any sum or sums of money not exceeding one hundred thousand pounds is hereby repealed, and in lieu thereof the said Board is hereby empowered to borrow and raise, in the manner, on the terms, and subject to the conditions prescribed by the said Act, any sum or sums of money not exceeding in the whole two hundred thousand pounds; and all such moneys shall be applied to the purposes mentioned in the said forty-third section: Provided that no claim of any holder of debentures under this Act shall attach to or be paid out of the public revenues of New Zealand or by the General Government thereof.

Notwithstanding anything hereinbefore contained, if any Act shall be passed by the General Assembly in the present session prescribing the terms, manner, and conditions upon and subject to which Harbour Boards may borrow money, then the moneys hereby authorized to be borrowed shall be borrowed and raised only in accordance with the provisions of such Act.

The Lyttelton Harbour Board shall, for harbour purposes and for purposes of harbour works, with respect to the streets and roads described in the Schedule, have all the powers of taking roads, streets, and lands which a Road Board has under “The Public Works Act, 1876,” or any Act amending the same, of taking lands for public works.