← belizelaw.ai · Petroleum Revenue Management Fund, Cap. 60:01 · PART IV — Annual and Exceptional Withdrawal from the Fund

Appropriation of the Annual Transfer Amount

Cap. 60:01, s. 14 · Revised Edition 2020

(1) The House of Representatives shall debate the information mentioned in Section 13(1) and (2) of this Act after it is laid before it, and may hear from persons concerned in their preparation, and from the Independent Oversight Board generally, during the debate. (2) Subject to subsection (3) of this section, the House of Representatives shall determine the appropriation of the Annual Management Fund 25 (3) Funds to meet the proposed budgets of the Investment Committee and the Independent Oversight Board or the financial year concerned are hereby appropriated unless the House of Representatives appropriates different funds by an Act dealing with no other matter and the Bill was supported on its final reading by a majority of not less than three-quarters of all the members of the House.
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