Bahamas Maritime Authority (Amendment) Act, 2013 (No. 18 of 2013).

This Act amends the Bahamas Maritime Authority Act in section 12 so as to provide for the use of surplus funds for current budgetary purposes. Surplus funds are all excess of revenue over expenditure standing to the credit the Authority. The Minister of Finance may, at the end of the financial year, authorise the Authority to reserve from surplus funds for current budgetary purposes or otherwise such sums, if any, as the Minister may determine.