Local Government Act 1976 · Updated to 1 Dec 2012 · Part V · General Financial Provisions
51. State Authority may give directions as regards sinking fund
Feedback & supportThe State Authority may in its discretion from time to time give directions to the local authority as to the manner in which the moneys in any such sinking fund shall or may be applied, invested or transferred to any other fund or to the general assets of the local authority.