Belize International Airport Loan (U.K. Government) Act

Link to law: http://www.belizelaw.org/web/lawadmin/PDF%20files/cap069.pdf
Published: 2000

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.
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