Western Development Commission Act, 1998

Power to borrow.

24.—(1) The Commission may, for the purpose of providing for current expenditure, from time to time borrow money (whether on the security of the assets of the Commission or otherwise), but shall not do so without the consent of the Minister and the Minister for Finance.

(2) The aggregate at any time of borrowings under subsection (1) shall not exceed £200,000.