Emergency Relief Guarantee Fund Act, 1999 (Cap. 35).
Country
Type of law
Legislation
Abstract
This Act establishes an Emergency Relief Fund and grants powers to the Minister to guarantee loans extended by approved lenders. The Minister shall, as respects the functions assigned to him or her under this Act, be a corporation sole, with power to acquire, hold, lease, and dispose of property, to enter into contracts, to sue and be sued and to do all things necessary for the purposes of this Act. The Act sets out conditions for the grant of a guaranteed loan. Such loans shall be granted for the repair or replacement of, among other things, businesses damaged by any disaster including, fishing boats, farm buildings, farm equipment, citrus or fruit trees, vegetable crop, livestock, processing plants and other commercial enterprises.
Attached files
Web site
Long title of text
An Act to establish an Emergency Relief Guarantee Fund to allow the Government to guarantee loans for the relief of persons who have suffered hardship and loss as a result of a disaster and for purposes connected thereto.
Date of text
Notes
Reprinted version of Act No. 44 of 1999 as at 31 December 2009.
Repealed
No
Source language
English
Legislation Amendment
No
Implemented by