← belizelaw.ai · Deposit Insurance, Cap. 251:01 · PART III — Deposit Insurance Fund
Investment of the Fund
Cap. 251:01, s. 16 · Revised Edition 2020
(1) In accordance with the investment strategy, plan and procedures of the Corporation as approved by the Board, the Corporation may invest the Fund in low risk assets and securities.
(2) The investment strategy, plan and procedures of the Corporation shall–
(a) be consistent with international best practices;
(b) prioritise safety and liquidity over returns; and
(c) seek to maintain adequate levels of liquidity while increasing the real value of the Fund.
(3) The Corporation shall not invest the Fund with or in the asset of a Fund member.
Have a question about this section? Ask belizelaw.ai →