SCHEDULES
SCHEDULE 3 Borrowing and Lending by Local Authorities and Certain other Bodies and Certain of their Funds
Loans
11
1
A local authority may make loans to a harbour authority for a harbour wholly or partly situated within the area of the local authority, on such terms as may be agreed between them, for any purpose for which the harbour authority are authorised to borrow money.
2
In this paragraph “harbour” and “harbour authority” have the same meanings as in the M1Harbours Act 1964.