{
  "url": "https://openlegislation.uk/harbours-act-northern-ireland-1970/section-31",
  "json_url": "https://openlegislation.uk/harbours-act-northern-ireland-1970/section-31.json",
  "legislation": "apni/1970/1",
  "legislation_title": "Harbours Act (Northern Ireland) 1970",
  "legislation_url": "https://openlegislation.uk/harbours-act-northern-ireland-1970",
  "path": "section/31",
  "kind": "section",
  "number": "31",
  "heading": "Borrowing by harbour authorities.",
  "text": "(1) The purposes for which a harbour authority may borrow money under any statutory provision shall include the following:—\n(a) meeting any expenses properly chargeable to capital;\n(b) acquiring a business or undertaking or part of a business or undertaking in the exercise of powers conferred by section 24 or any other statutory provision;\n(c) subscribing for or acquiring any securities (within the meaning of that section) of a body corporate in the exercise of such powers as are mentioned in paragraph ( b).\n(2) So much of any statutory provision of local application as limits the rate of interest at which a harbour authority may borrow money shall cease to have effect.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/apni/1970/1/section/31",
    "retrieved_at": "2026-10-29T21:29:46.409362+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}