Section 104 — Borrowings — Local Government Act 2020 (Victoria) — Barrister AI

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s 101Financial management principles s 102Financial policies s 103Investments s 104Borrowings s 105Accounts and records

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104

Borrowings

Current

Part 4—Planning and financial management

Division 4—Financial management

104 Borrowings

A Council cannot borrow money unless the proposed borrowings were included in the budget or a revised budget.

This Act’s bill:Explanatory memorandum Second reading speech

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Section 104 — Borrowings — Local Government Act 2020 (Victoria) — Barrister AI