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There are currently no known outstanding effects for the New Towns Act (Northern Ireland) 1965, Section 44.
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(1)For 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.
(2)For 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.
(3)The aggregate amount of the advances made under subsection (1) shall not exceed [F1 fifty-five million pounds].
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