← belizelaw.ai · Development Finance Corporation, Cap. 279 · PART II — Establishment, Purposes, Powers, Functions, etc., of the

Government loans

Cap. 279, s. 13 · Revised Edition 2020

(1) For the purposes of its business, the Corporation may borrow from the Government, and the Government may lend to the Corporation from the Consolidated Revenue Fund or from funds borrowed by the Government, in accordance with loans. 24 such conditions as may be agreed between the Corporation and the Government. (2) Every sum in repayment of such loan shall be paid to the Accountant General who shall credit it to the Consolidated Revenue Fund or to the fund from which it was lent.
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