Indian Loan Act, 1881
WHEREAS the Indian Advance Act, 1879, authorised the Commissioners of Her Majesty's Treasury (in this Act referred to as the Treasury) to advance to the Government of India two million pounds, and provided that such advance should be repaid by the Government of India as follows: In the financial year 1880-81 - 290,000l. In each of the six succeeding financial years - 285,000l. inclusive of interest, at the rate of three per cent., and at such time or times as might be agreed on between the Tr...