Green Fund Regulations, 2007 (Chapter 77:01).

The Green Fund is established by section 65 of the Miscellaneous Taxes Act. The Green Fund Regulations set forth provisions on the application procedures for the certification of activities related to remediation, reforestation and environmental protection for the purposes of receipt of public money to be disbursed from the Green Fund. The applicants may request for review of the decision in case of refusal after the application evaluation. The Minister of Finance shall specify the amount that should be withdrawn from the Green Fund to meet the expenditure of the certified activity and may authorize the disbursement of money from the Green Fund in accordance with the Memorandum of Agreement entered into between the community group or organization and the Minister. All certified activities in receipt of disbursements from the Green Fund shall be registered and monitored to ascertain whether the certified activity is being delivered as agreed by the Memorandum of Agreement. The community group or organization shall submit report to the Minister within two months after the end of the Government's financial year. The Minister of Finance may cancel disbursements from the Green Fund due to the failure by a community group or organization to comply with a condition of a disbursement from the Green Fund as specified in the Memorandum of Agreement or these Regulations.