# Local Government Act 2003, Section 6: Protection of lenders


A person lending money to a local authority shall not be bound to enquire whether the authority has power to borrow the money and shall not be prejudiced by the absence of any such power.

---
Source: https://www.legislation.gov.uk/ukpga/2003/26/section/6 (the official version)
Page: https://openlegislation.uk/local-government-act-2003/section-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.