Section 24

pay any expenses lawfully incurred by the Corporation, including survey, legal and other fees and costs;

pay any other expense, cost or expenditure properly incurred or accepted by the Corporation in pursuance of its purposes under the provisions of this Ordinance;

pay any amounts which it may lawfully be called upon to pay in respect of its liability under any guarantee assumed or granted under section 14(2)(d) and (h); and

purchase plant, equipment, stores and any other materials, or acquire land or erect buildings, or carry out any other works and undertakings, in the execution of its duty or in the discharge of its functions under section 14, in contemplation of loans to be made for any of those purposes under section 23 so, however, that any sums expended by the Corporation under this paragraph shall be set off against the loans in contemplation of which they were expended upon the actual making of such loans.

[Am. Ord. No. 19/71.]

Expenditure and preparation of Estimates