← belizelaw.ai · The Laws of Belize
Petroleum Revenue Management Fund
Cap. 60:01 · Revised Edition 2020 · 37 sections
- s. 1Short title
- s. 2Interpretation
- s. 3Ownership of the Fund
- s. 4Account for the operation of the Fund
- s. 5Petroleum Revenues to be paid to the Fund
- s. 6Establishment of Investment Committee
- s. 7Procedures of the Committee
- s. 8Investment Strategy to be decided by Committee
- s. 9Permitted Investments of the Fund
- s. 10Implementation of Investment Strategy by the Central Bank
- s. 11Budget and administrative support of the Investment Committee
- s. 12Annual Transfer to the Flexible Transfer Account
- s. 13State Budget for the Annual Transfer Amount
- s. 14Appropriation of the Annual Transfer Amount
- s. 15Operational Accounts for withdrawals from the Flexible Transfer Account
- s. 16Information on transfers and appropriations
- s. 17Transfer of additional amounts in exceptional circumstances
- s. 18Instructions for exceptional withdrawals
- s. 19Establishment and appointment of members
- s. 20Term of office and removal
- s. 21Procedures and Administrative Support of the Board
- s. 22Functions and duties of the Board
- s. 23Powers of the Board
- s. 24Action on a complaint
- s. 25Support from Government law enforcement agencies
- s. 26Restriction order
- s. 27Establishment of the Public Information Office
- s. 28Internal procedures, and budget
- s. 29Function and operation
- s. 30Additional information to be provided to the Office
- s. 31Confidentiality
- s. 32Unit of accounts, and reports
- s. 33Audits and adjustments
- s. 34Regulations
- s. 35Offences
- s. 36Private enforcement
- s. 37Commencement and Application