The Housing (Public Utility Societies: Interest on Share or Loan Capital) Order (Northern Ireland) 1961
EXPLANATORY NOTE
(This note is not part of the Order but is intended to explain its general purport.)
This Order prescribes seven per centum per annum as the rate of interest on compensation moneys payable in respect of land which has been compulsorily acquired under the enactments mentioned in the Order.

Whereas Section 33 of the Housing (Ireland) Act, 1919(a), as amended by Section 6 of the Housing Act, 1921(b), defines a Public Utility Society as "a Society registered under the Industrial...