CAP. 69 BELIZE INTERNATIONAL AIRPORT LOAN (U.K. GOVERNMENT) ACT BELIZE
BELIZE INTERNATIONAL AIRPORT LOAN
(UNITED KINGDOM GOVERNMENT) ACT
CHAPTER 69
REVISED EDITION 2000
SHOWING THE LAW AS AT 31ST DECEMBER, 2000
This is a revised edition of the law, prepared by the Law Revision Commissioner
under the authority of the Law Revision Act, Chapter 3 of the Laws of Belize,
Revised Edition1980 - 1990.
This edition contains a consolidation of the following laws- Page
ARRANGEMENT OF SECTIONS 3
BELIZE INTERNATIONAL AIRPORT LOAN
(UNITED KINGDOM GOVERNMENT) ACT 4
Amendments in force as at 31st December, 2000.
BELIZE
BELIZE INTERNATIONAL AIRPORT LOAN
(UNITED KINGDOM GOVERNMENT) ACT
CHAPTER 69
REVISED EDITION 2000
SHOWING THE LAW AS AT 31ST DECEMBER, 2000
This is a revised edition of the law, prepared by the Law Revision Commissioner
under the authority of the Law Revision Act, Chapter 3 of the Laws of Belize,
Revised Edition1980 - 1990.
This edition contains a consolidation of the following laws- Page
ARRANGEMENT OF SECTIONS 3
BELIZE INTERNATIONAL AIRPORT LOAN
(UNITED KINGDOM GOVERNMENT) ACT 4
Amendments in force as at 31st December, 2000.
,
No. 1 Power Lane,
Belmopan, by the authority of
the Government of Belize.
Belize International Airport Loan (United Kingdom Government) [CAP. 69
[ ]
3
CHAPTER 69
BELIZE INTERNATIONAL AIRPORT LOAN
(UNITED KINGDOM GOVERNMENT)
ARRANGEMENT OF SECTIONS
1. Short title.
2. Powers to borrow from the United Kingdom Government.
3. Repayment.
4. Loans to be charged on Consolidated Revenue Fund and assets.
5. Application of loan.
4
CHAPTER 69
BELIZE INTERNATIONAL AIRPORT LOAN
(UNITED KINGDOM GOVERNMENT)
[10th August, 1968]
1. This Act may be cited as the Belize International Airport Loan (United
Kingdom Government) Act.
2.-(1) Subject to this Act the Government of Belize may borrow at such
times and in such sums a sum or sums of money not exceeding in the aggre-
gate eight hundred thousand dollars as may be necessary by means of a loan
or loans made by the Minister of Overseas Development with the approval of
Her Majesty’s Treasury in accordance with section 2 of the Colonial Devel-
opment and Welfare Act 1959.
(2) Any loans made under subsection (1) shall be on such terms as
may be fixed by the Minister of Overseas Development with the approval of
Her Majesty’s Treasury.
3. Any loan raised under this Act together with the interest payable on any
such loan shall be repaid by equal annual instalments of capital and interest so
that such loan shall be repaid within the period for which the same was
granted:
Provided that where the terms and conditions of the loan allow it shall
not be necessary to make any payment on account of principal or interest for
such period as may be laid down in such terms and conditions.
4. The principal money of any loans raised under the provisions of this Act,
and the interest payable thereon, shall be charged on and paid out of the
Consolidated Revenue Fund and assets of Belize and on any other revenues
or assets which may be made available for the purpose.
Loans to be
charged on
Consolidated
Revenue Fund
and assets.
Repayment.
Powers to
borrow from the
United Kingdom
Government.
1959 c. 71.
Short title.
CAP. 56,
R.E. 1980-1990.
23 of 1968.
,
No. 1 Power Lane,
Belmopan, by the authority of
the Government of Belize.
Belize International Airport Loan (United Kingdom Government) [CAP. 69
[ ]
5
5. Any money borrowed under the provisions of this Act shall be appropri-
ated and applied toward the cost of rehabilitating the Belize International
Airport and to no other purpose.
Application
of loan.