Section 2, The Freetown Municipality UJ

(1) On the coming into operation of this Ordinance thereshall be establi'Shed a fund to be known as the Freetown Municipality Building Scheme Fund (hereinafter referred to as the Building Scheme Fund) which shall consist of- (a) six thousand pounds to be transferred thereto from the City Fund, (b) such other moneys as the City Council may, from time to time, with the approval of the Governor in Council, transfer thereto from the City Fund, and (c) such moneys as the City Council may, from time to time, with. the ·approval of the Governor in Council, borrow at interest from the Government or any other person for the purposes of the Building Scheme Fund. (2) The provisions of section 71 of the principal Ordinance shall be deemed to extend and apply to all moneys borrowed for the purposes of the Building Scheme Fund under subsection (1) (c).