# Local Government Finance Act (Northern Ireland) 2011, Section 6: Reserves - general


(1) Regulations may make provision requiring a council to maintain financial reserves in accordance with the regulations.
(2) The chief financial officer of a council shall submit to the council a report on the adequacy of any proposed financial reserves for a financial year.
(3) A council shall have regard to that report when considering the estimates for that year under section 3(2)(a).

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Source: https://www.legislation.gov.uk/nia/2011/10/section/6 (the official version)
Page: https://openlegislation.uk/local-government-finance-act-northern-ireland-2011/section-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.