Acts and Regulations

2017, c.18 - Local Governance Act

Full text
Borrowing for generation facility
116A local government may borrow temporarily in each year for current expenditures in respect of the operation of a generation facility a sum or sums of money not exceeding 50% of the budgeted revenue for that year.
Borrowing for generation facility
116A local government may borrow temporarily in each year for current expenditures in respect of the operation of a generation facility a sum or sums of money not exceeding 50% of the budgeted revenue for that year.