C1C2PART 1FINANCIAL ADMINISTRATION
Annotations:
Modifications etc. (not altering text)
C2
Pt. 1 applied with modifications (1.4.2015) by The Local Government (Constituting a Joint Committee a Body Corporate) Order (Northern Ireland) 2015 (S.R. 2015/183), arts. 1, 4
Borrowing
I111Power to borrow
A council may borrow money—
a
for any purpose relevant to its functions under any statutory provision; or
b
for the purposes of the prudent management of its financial affairs.
Pt. 1 applied with modifications (2.4.2012) by The Local Government (Constituting Joint Committees as Bodies Corporate) Order (Northern Ireland) 2012 (S.R. 2012/10), arts. 1, 4