112Insurance.N.I.
A council may—
(a)insure any property in which it has an insurable interest;
(b)insure against any contingency which may result in the imposition of any liability on or loss to the council.
Modifications etc. (not altering text)
C1Ss. 111 - 113A applied (with modifications) by S.R 2004/49, art. 7 (as inserted (28.1.2008) by Local Government (Constituting a Joint Committee a Body Corporate) (Amendment) Order (Northern Ireland) 2007 (S.R. 2007/505), art. 2(5))
C2Ss. 111-113A applied (20.8.2008) by Local Government (Constituting a Joint Committee a Body Corporate) Order (Northern Ireland) 2008 (S.R. 2008/310), art. 7
C3Ss. 112-113A 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, 6