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LOCAL GOVERNMENT REGULATION 2012 - REG 192
Debt policy
192 Debt policy
(1) A local government must prepare and adopt a debt policy for a financial
year.
(2) The debt policy must state— (a) the new borrowings planned for
the current financial year and the next 9 financial years; and
(b) the period
over which the local government plans to repay existing and new borrowings.
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