← belizelaw.ai · Loans (Development) (No.1), Cap. 76
Purpose of loan
Cap. 76, s. 4 · Revised Edition 2020
(1) Any sum raised to defray the expenses of issue shall be applied only to that purpose.
(2) Save as aforesaid, the money borrowed under this Act shall be appropriated and applied to the purposes specified in the Schedule to this Act,
Provided that the Minister may, with the prior approval of the National Assembly, amend any item or add any new item to the Schedule.
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