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Financial administration and subscriptions

4.  Part 1 (financial administration) and section 41 (subscriptions to certain local government associations and other bodies) of the Local Government Finance Act (Northern Ireland) 2011(1) shall apply to arc21 as they apply to a council as if—

(a)reference to a council included a reference to arc21;

(b)reference to members and officers of councils included a reference to members and officers of arc21;

(c)reference to the chief financial officer included a reference to the chief executive;

(d)reference to the general fund included a reference to general reserves;

(e)reference to standing orders included a reference to the arrangements; and

(f)reference to the clerk included a reference to the chief executive.