4 Imposition of borrowing limits
Local Government Act 2003 (2003 c 26) | Legislation

4  Imposition of borrowing limits

(1)     The Secretary of State may for national economic reasons by regulations set limits in relation to the borrowing of money by local authorities.

(2)     The Secretary of State may by direction set limits in relation to the borrowing of money by a particular local authority for the purpose of ensuring

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