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The Londonderry Harbour Order (Northern Ireland) 2002
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Temporary borrowing
7.—(1) The Commissioners may borrow temporarily, by way of overdraft or otherwise, such sums as the Commissioners may require for meeting their obligations or discharging their functions under or in pursuance of any enactment.
(2) The total amount of monies borrowed under this Article and outstanding at any one time shall not exceed such amount as may be approved by the Department in writing.
(3) The power conferred by this Article shall be in addition to any other borrowing power for the time being exercisable by the Commissioners.
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