← belizelaw.ai · Finance And Audit (Reform), Cap. 15 · PART II — Finance
Deposits
Cap. 15, s. 8 · Revised Edition 2020
(1) Subject to the provisions of sections 9 and 10 of this Act,
any moneys, being or not being moneys raised or received for the purposes of the Government, which may be deposited with any person authorized to receive such moneys by the Government, or with the Accountant General or other public officer authorized to receive such deposits by the Accountant General or by Financial Orders or the Public Service Regulations for the time being in force (such moneys being hereinafter referred to as deposits), shall not form part of the Consolidated Revenue Fund and shall not be applied in any way for public purposes of Belize except as provided in this section.
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(2) Deposits shall be kept in a special account or accounts authorized by the Government, or may be invested in like manner to that permitted by section 3 in respect of the Consolidated Revenue Fund, or may be used to finance temporary advances.
(3) Any interest or dividend received in respect of any deposit shall be credited to the Consolidated Revenue Fund for the public purposes of Belize.
(4) Any deposit, not being moneys raised or received for the purposes of the Government, which is unclaimed for five years shall be credited to the Consolidated Revenue Fund for the public purposes of Belize,
Provided that if any person entitled thereto subsequently proves to the satisfaction of the Accountant General his claim to such deposit, the deposit maybe refunded to him or her.
(5) Subject to the provisions of this section, the Accountant General is hereby authorized to administer and, in appropriate cases, to refund deposits to those who may be entitled to them.
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