Interpretation

In this Act“Belize City Fund” means the fund established under section 21 of the Belize City Council Act; “bond proceeds” means any monies raised by the issue of a Bond; “Bond” means a bond issued by the Belize City Council with the approval of the Minister of Finance and specified in Schedule I; “bondholder” means a person in whose name a bond is registered and to whom a certificate of registration has been issued for a bond; “Central Bank” means the Central Bank of Belize established under section 4 of the Central Bank of Belize Act; “Council” means the Belize City Council constituted and established under section 3 of the Belize City Council Act; Belize City Council (Municipal Bond) [CAP. 85:01 5 “cruise ship passenger fee” means the fee paid by a passenger of a cruise ship pursuant to the Agreement between the Government of Belize, Fort Street Tourism Village Limited and the Belize Tourist Board dated September 9, 2003 as amended from time to time; “Infrastructure Fund” means the Belize City Infrastructure Fund established under section 3; “Minister” means the Minister with responsibility for Finance; “Sinking Fund” means the Belize City Municipal Bond Sinking Fund established in section 5; and “treasury security” means a Treasury Bill or Treasury Note as defined in section 2 of the Treasury Bills Act. CAP 83.