# The Poole Harbour Revision Order 2012, Article 40: Power to charge interest to capital

Extent: E+W+S

Where the Commissioners, in the exercise of powers conferred upon them by any enactment, commence any work or operations, they may, during such period not exceeding five years from the commencement of the work as they determine, charge to capital as part of the cost of the work interest on any money raised to defray—
(a) the cost of the acquisition of any lands for the purpose of the work; and
(b) the expenses of constructing or carrying out the work.

---
Source: https://www.legislation.gov.uk/uksi/2012/1777/article/40 (the official version)
Page: https://openlegislation.uk/poole-harbour-revision-order-2012/article-40
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.