Barbados Agricultural Management Co. Ltd. (Sugar Bonds Guarantee) Act.

Country/Territory: Barbados
Document type: Legislation
Date: 1994
Source: FAO, FAOLEX
Original source: Laws of Barbados, pp. 1-4.
Long title: An Act to make provision for the Minister of Finance with the approval of Parliament, to guarantee the payment of the principal and of interest necessary for the redemption of bonds issued by the Barbados Agricultural Management Co. Ltd.

Subject: Agricultural & rural development
Keyword: Agricultural development Institution Special fund Credit
Geographical area: Americas, Caribbean, Latin America and the Caribbean, North Atlantic, Small Island Developing States

Abstract: This Act allows the Minister, with the approval of Parliament, to provide guarantee for the payment of principal and interests necessary for the redemption of bonds issued for the financing of the sugar industry. The Act also establishes the Sugar Industry Revitalisation Fund. Monies raised from bonds shall be paid into the Fund. The Fund shall be used by the Barbados Agricultural Management Co. Ltd. to finance operations of the sugar industry.
Full text: English
Website: www.caricomlaw.org