Explanatory Memorandum

Local Government Finance Act (Northern Ireland) 2011

2011 CHAPTER 10

16 March 2011

Commentary on Sections

Sections 24 and 25 – Miscellaneous

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.