10 Borrowing powers
Civil Aviation Act 1982 (1982 c 16) | Legislation

10  Borrowing powers

(1)     Subject to the following provisions of this section, the CAA shall have power to borrow such sums as it may require for performing its functions.

(2)     The CAA's power to borrow sums in sterling otherwise than by way of temporary loan shall be limited to borrowing from the Secretary of State, or with the consent of the Secretary of State from the Commission of the [European Union] or the European Investment Bank, any sums which the

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