# Church Funds Investment Measure 1958, Paragraph 13: Borrowing.


Any moneys required to be raised for the purpose of making any payment to be made under this Scheme out of an Investment Fund, or for the purpose of the management or improvement of any assets comprised in that Investment Fund, or for the purpose of discharging any liability properly payable out of such assets, or for payment of any such costs or expenses as are mentioned in paragraph 12 hereof, may be raised by the Central Board either by selling or by borrowing on the security of any asset of that Investment Fund.

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Source: https://www.legislation.gov.uk/ukcm/Eliz2/6-7/1/schedule/paragraph/13 (the official version)
Page: https://openlegislation.uk/church-funds-investment-measure-1958/schedule/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.