NSWIn ForceRegulation
Local Government (General) Regulation 2021
229Loans to council to be charge on the council’s income
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#### 229 Loans to council to be charge on the council’s income
229 Loans to council to be charge on the council’s income
> The repayment of money borrowed by a council (whether by way of overdraft or otherwise), and the payment of any interest on that money, is a charge on the income of the council.