# Local Government Finance Act (Northern Ireland) 2011, Section 11: Power to borrow


A council may borrow money—
(a) for any purpose relevant to its functions under any statutory provision; or
(b) for the purposes of the prudent management of its financial affairs.

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Source: https://www.legislation.gov.uk/nia/2011/10/section/11 (the official version)
Page: https://openlegislation.uk/local-government-finance-act-northern-ireland-2011/section-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.