OpenLegislation

Section 23 Power to investI1

A council may invest—

(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.

Annotations

Commencement

I1

S. 23 in operation at 1.4.2012 by S.R. 2011/306, art. 2(3)

Notes on Part 1

Modifications

C1

Pt. 1 applied with modifications (2.4.2012) by The Local Government (Constituting Joint Committees as Bodies Corporate) Order (Northern Ireland) 2012 (S.R. 2012/10), arts. 1, 4

C2

Pt. 1 applied with modifications (1.4.2015) by The Local Government (Constituting a Joint Committee a Body Corporate) Order (Northern Ireland) 2015 (S.R. 2015/183), arts. 1, 4