← belizelaw.ai · Belmopan City Council, Cap. 86 · PART IV — Meetings, Finances, etc., of the Council

Bond related regulations

Cap. 86, s. 23I · Revised Edition 2020

The Council may, with the approval of the Minister, make regulations for– (a) the registration and certification of bonds issued; (b) the management of projects and activities undertaken wholly or partly with bond proceeds; (c) the procurement process for goods and services to be paid for with bond proceeds; (d) the requirement for certificates of completion before bond proceeds may be disbursed to contractors; (e) public consultations in respect of bonds issued or proposed to be issued; (f) financial audits in respect of bond proceeds; and 32 (g) rollover of maturing bonds at prevailing market interest rates. Lands

Amended by: 12 of 2017

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