[Home] [Databases] [World Law] [Search] [Feedback]
	Northern Irish Legislation
You are here:  BAILII >> Databases >> Northern Irish Legislation >> NEW TOWNS ACT (NORTHERN IRELAND) 1965

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

NEW TOWNS ACT (NORTHERN IRELAND) 1965 - SECT 44

44.(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 [fifty-five million pounds].

© 1965 Crown Copyright

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.bailii.org/nie/legis/num_act/ntai1965306/s44.html