Section 24 makes provision for security for money borrowed by a council, and for the appointment of a receiver in the event of default.
Section 25 requires councils to have regard to any guidance either issued specifically by the Department or specified in regulations.
Text created by the Northern Ireland Assembly department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes accompany all Acts of the Northern Ireland Assembly.
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