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Changes over time for: Section 1
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 01/10/2004.
Changes to legislation:
Local Government Act 2003, Section 1 is up to date with all changes known to be in force on or before 30 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Changes to Legislation
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1Power to borrowE+W
This section has no associated Explanatory Notes
A local authority may borrow money—
(a)for any purpose relevant to its functions under any enactment, or
(b)for the purposes of the prudent management of its financial affairs.
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