Vesting of certain moneys

(1) Notwithstanding any other provisions of this Act, the Minister may vest in the Corporation such moneys as may seem to him appropriate. (2) Any moneys vested in the Corporation in exercise of the powers conferred by subsection (1) of this section, or accruing as a result of the administration of such moneys shall be kept in one or more accounts as the Minister may direct separate from all other moneys of the Corporation and shall not be used other than for the purposes specified by the Minister or in accordance with section 13(2) of this Act. (3) Any moneys received by the Corporation from the administration of any moneys vested in it under subsection (1) of this section, shall be paid into the same account as the moneys so vested. (4) The Corporation shall produce to the Minister, within six months after the end of each financial year, the accounts of and a report upon the administration of any moneys vested in the Corporation under this section. Belize Marketing and Development Corporation 15