Power to borrow

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The Governor in Cabinet may borrow an amount not exceeding $13,000,000 in the currency of the Islands.

The amount referred to in subsection (1) may be borrowed

by instalments; and

from any institution, and on such terms and conditions, as the Governor in Cabinet may approve.

3 Sections

s.2Power to borrow— Loan Act, 2004

Section 2Part 0 —

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The Governor in Cabinet may borrow an amount not exceeding $13,000,000 in the currency of the Islands.

The amount referred to in subsection (1) may be borrowed

by instalments; and

from any institution, and on such terms and conditions, as the Governor in Cabinet may approve.