# The Port of Tyne Harbour Revision Order 2026, Article 17: Borrowing


(1) The Authority, or a subsidiary of the Authority, may borrow, by any methods it sees fit, such sums of money as it thinks necessary for the purposes of the port undertaking.
(2) A sum of money borrowed under paragraph (1) by the Authority, or any subsidiary of the Authority, may be borrowed upon the security of some or all of—
(a) its assets;
(b) its revenues;
(c) a combination of its assets and revenues.
(3) The Authority, or a subsidiary of the Authority, may effect such arrangements as it thinks fit to mitigate against any financial risk incurred in the exercise of its powers under paragraph (1).

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Source: https://www.legislation.gov.uk/uksi/2026/1088/article/17 (the official version)
Page: https://openlegislation.uk/port-of-tyne-harbour-revision-order-2026/article-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.