← belizelaw.ai · Toledo Development Corporation, Cap. 285:01 · PART IV — Finances, Accounts and Reports, etc., of the Corporation

General duty of Corporation as to finance

Cap. 285:01, s. 25 · Revised Edition 2020

It shall be the duty of the corporation as far as practicable in the conduct of its affairs to seek to secure that its revenues become, at the earliest possible date and thereafter continue, at least sufficient to meet all sums properly chargeable to revenue account (including sums required for the payment of loans and interest thereon, for provision for 29 depreciation and for the establishment and maintenance of their reserve fund).
Have a question about this section? Ask belizelaw.ai →