The Short Title of this Act is “The Local Bodies’ Loans Act Amendment Act, 1892.” It shall be read together with “The Local Bodies’ Loans Act, 1886” (herein referred to as “the said Act”).

Whenever a local authority, by special order, has adopted the said Act either generally, or partially only in respect of any particular loan, and the proposals of such local authority are not accepted by the ratepayers of the district under the jurisdiction of the said local authority, or whenever any local authority has by special order adopted the said Act generally or partially in order to obtain a loan under clause sixteen of the said Act, and such loan has not been granted, such local authority may, by a subsequent special order, rescind the first-mentioned or the last-mentioned special order; and on such subsequent special order taking effect the provisions of the Act or Acts set forth in the First Schedule to the said Act shall be revived in so far as they affect the said district.

All statutory declarations required to be made by a local authority for the purposes of the said Act shall, from and after the passing of this Act, be exempt from stamp duty.

Every poll on a proposal to raise a loan, required to be taken under the said Act, shall be taken by means of voting-papers, and not otherwise in any manner.

Section twenty-nine of the said Act is hereby amended by the insertion of the words “or more than sufficient” after the words “not sufficient” in the said section.