Article 9 Power to borrow

The Board, including any subsidiary of the Board, may from time to time borrow, by any methods they see fit, such sums of money as they think necessary for the purposes of meeting their obligations in carrying out their functions^f1; and where moneys are borrowed by the Board or a subsidiary under this article, the Board or subsidiary may, if they see fit, borrow those moneys upon the security of some or all of their assets for the time being or of some or all of their revenues or of some or all of both their assets and their revenues.

This power is in addition to article 19 of the 2006 Order (borrowing and guarantees).