← belizelaw.ai · Belize National Library Service And, Cap. 319 · PART IV — Finances, Accounts, Audit and other Reports of the National

Finance

Cap. 319, s. 16 · Revised Edition 2020

(1) The expense of carrying out the provisions of this Act shall be defrayed out of, (a) such monies as may be appropriated for that purpose from time to time by the National Assembly out of the Consolidated Revenue Fund; (b) fines and fees imposed and recovered under any by- laws made under this Act; (c) subventions, donations, benefactions, endowments or bequests given to the Library Service by any source including regional and international organizations; and (d) all other sums which may in any manner become payable to the Library in respect of any matter incidental to its functions. 18 (2) The Board may receive gifts, grants or bequests of any property whatever and may either retain such property for the use of the Library or dispose of such property and use the proceeds for the purpose of carrying out the provisions of this Act. (3) The Board shall before the end of November in each year prepare and submit to the Minister of Finance, through the Minister, estimates of income and expenditure to be incurred during each financial year, including any supplementary estimates, and the Minister of Finance shall present the estimates to the National Assembly with such amendments, if any, as he may consider necessary.
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