New South Wales Consolidated Regulations

[Index] [Table] [Search] [Search this Regulation] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

LOCAL GOVERNMENT (GENERAL) REGULATION 2005 - REG 230

General manager to notify borrowings to Director-General

230 General manager to notify borrowings to Director-General

(1) Within 7 days after a council borrows money under a loan contract, the general manager must notify the Director-General of the borrowing.
(2) This clause extends to further advances made to a council under an existing loan contract, but does not apply to a borrowing by a council by way of overdraft.



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback