Section 15: Borrowing powers of the Council.

(1) The Council shall, with the approval of the Board and consent of the Minister in accordance with any general guidelines approved by the financial regulations, borrow by way of loan or overdraft from any source any money required by the Council for meeting its obligations and discharging its functions under this Act.
(2) The Council may, subject to the provisions of this Act and the conditions of any trust created in respect of any property and with the approval of the Board and consent of the Minister invest all or any of its funds in accordance with any general guidelines approved in the financial regulations.
(3) The Council may invest any surplus funds in such securities as may be approved by the Board and consent of the Minister.