← belizelaw.ai · Development Finance Corporation, Cap. 279 · PART IV — Miscellaneous

Corporation acting as an Agent

Cap. 279, s. 23 · Revised Edition 2020

(1) Notwithstanding anything to the contrary in this Act, the Corporation may act as an agent for the Government or for a department or a Ministry of the Government, or for a statutory corporation, in connection with any matter or for any purpose enabled by this Act. (2) The Corporation shall administer agency programmes in accordance with its rules and regulations and internationally accepted best practices. 31 (3) The Board shall reserve the right to refuse agency programmes that are in conflict with the objectives of the (4) An agency programme, where it is accepted for administration by the Corporation, shall be administered in consideration of an agency fee for services to be mutually agreed to between the parties. Commencement
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Corporation acting as an Agent — Cap. 279 s. 23 · Belize Law