Development Fund Act 2011 (No. 10 of 2011).
Country
Type of law
Legislation
Abstract
This Act provides for the establishment of the Development Fund. The Fund shall facilitate the funding of development projects. A person must not withdraw, or authorize or permit a withdrawal of, an amount from the Fund unless: (a) the purpose of the withdrawal has been approved by Cabinet in writing; and (b) the procedures for the withdrawal prescribed by Regulations have been complied with. The Act grants regulation-making powers to Cabinet.
Attached files
Web site
Long title of text
An Act to establish the Development Fund and for related purposes.
Date of text
Repealed
No
Serial Imprint
Nauru Sessional Legislation.
Source language
English
Legislation Amendment
No