Examples of Advance of Need in a sentence
Investment of Money Borrowed in Advance of Need: The Council may, from time to time, borrow in advance of need, where this is expected to provide the best long term value for money.
The Authority is not permitted to pay the Grant in Advance of Need.
Borrowing in Advance of Need: The Authority has some flexibility to borrow funds this year for use in future years.
If the Authority reasonably believes that payment is being made in Advance of Need, it may change the timing and/or the amount of any outstanding Grant payments.
Investment of Money Borrowed in Advance of Need: The Welsh Government maintains that the borrowing of monies purely to invest or on-lend and make a return is unlawful and this Council will not engage in such activity.
Borrowing in Advance of Need Government guidance is that local authorities must not borrow more than or in advance of their needs purely in order to profit from the investment of the extra sums borrowed.
Further information relates to Interest Rate Forecasts, Borrowing Strategy, Policy on Gross and Net Debt, Policy on Borrowing in Advance of Need, Investment Strategy, GIS Investment Strategy including a GLA list of approved counterparties.
Investment of Money Borrowed in Advance of Need: The Welsh Government maintains that the borrowing of monies purely to invest or on-lend and make a return is unlawful and this Council will not engage in such activity, however, the Council could potentially borrow in advance of need where this is expected to provide the best long term value for money.
Investment of Money Borrowed in Advance of Need: The Authority may, from time to time, borrow in advance of need, where this is expected to provide the best long term value for money.
Investment of Money Borrowed in Advance of Need 12.10The Borrowing Policy covers the County Council’s policy on Borrowing in Advance of Spending Needs.