APPENDIX B 289 



years the loan is free from part payments, and after that 

 time interest and part payments of the last secured two- 

 fifths of the amount of the loan is to be made at the rate 

 of 4 per cent, yearly. When that part of the loan has 

 thus been paid back, the rest of the debt is also repaid at 

 the rate of 4 per cent, yearly. 



The loan cannot be called in by the State so long as 

 the property in question is maintained in accordance with 

 the purposes for which it was granted. 



To the loans mentioned in 9 and the following 13 

 there may be provided yearly for five years an amount 

 not exceeding 4,000,000 kroner, which amount is appor- 

 tioned in each financial year among the counties in pro- 

 portion to the petitions received therefrom. Should the 

 sum available in one financial year not be exhausted, the 

 remaining part is carried forward to the following financial 

 year. In the financial years 1910-11 to 1915-16, a sum 

 may be spent for the same purpose corresponding to the 

 amount that remains undisbursed of the fifteen millions of 

 kroner granted for the purpose of providing holdings for 

 agricultural labourers, according to the Act of Parliament 

 of April 22, 1904. 



That part of the loan which must first be repaid is 

 supplied by the State Loan Fund. 



The other part of the loan is temporarily supplied by 

 the Treasury, but the Finance Minister has the right to 

 transfer the first mortgage-bonds for the loan made out 

 by the Treasury to the Kongeriget Danmarks Hypotek- 

 bank (the Mortgage Bank of the Kingdom of Denmark) 

 at such a rate as the Finance Minister may agree upon 

 with the bank. 



Further, after such transfer the debtors may pay 

 interest on, and part payment of, the bonds to the royal 

 offices of revenue, where these payments have hitherto 

 been made. 



