Local Government Finance Act (Northern Ireland) 2011 Explanatory Notes

1. Introduction

2. Background and Policy Objectives

3. Consultation

4. Overview

5. Commentary on Sections

   1. Sections 3 to 5 – Annual budget

   2. Sections 6 and 7 – Reserves

   3. Sections 8 to 10 – Funds

   4. Sections 11 to 16 – Borrowing

   5. Sections 17 and 18 – Credit arrangements

   6. Section 19 – “Capital expenditure”

   7. Sections 20 to 22 – Capital receipts

   8. Section 23 – Investment

   9. Sections 24 and 25 – Miscellaneous

   10. Sections 26 to 28 – de-rating grant and rates support grant

   11. Section 29 – Other grants to councils

   12. Sections 31 to 36 - Payments to councillors

   13. Sections 37 to 41 – Miscellaneous powers to make payments

6. Hansard Reports