http://www.legislation.gov.uk/apni/1965/13/section/44New Towns Act (Northern Ireland) 1965An Act to make provision for the creation of new towns, for the exercise by new town commissions of certain functions in relation to such towns, for the expansion or development of existing towns, and for purposes related to those matters.texttext/xmlenStatute Law Database2017-04-19Expert Participation2016-03-07 441For the purpose of enabling a new town commission to meet liabilities properly chargeable to their capital account relating to their development functions (including the provision of working capital), the Ministry may, subject to subsection (3), make to the new town commission advances of such amounts repayable over such periods and on such terms as may be approved by the Ministry of Finance.2For the purpose of enabling a new town commission to meet any other expenditure, the Ministry may make grants to the new town commission of such amounts as may be approved by the Ministry of Finance.3The aggregate amount of the advances made under subsection (1) shall not exceed [ fifty-five million pounds].1972 NI 22