44.Section 10 sets out a Parent Council’s financial powers and obligations. Essentially, it can raise funds (except by borrowing), receive gifts, and spend such sums as it chooses. It may not however own or have any legal interest in land or buildings.
Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
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