Audit Commission (Borrowing Limit) Order 2002 c.743

Audit Commission (Borrowing Limit) Order 2002 No. 743

Summary:	This Order relates to the Audit Commission's borrowing limit. Paragraph 9(2) of Schedule 1 to the Audit Commission Act 1998 provides that the aggregate amount outstanding in respect of the principal of any of the sums borrowed by the Commission may not exceed �4 million. This Order increases that limit to �12 million.
Made Under:	Audit Commission Act 1998 (C. 18) - paragraph 9(2) of Schedule 1

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