Development Fund Act 2011 (No. 10 of 2011). Country/Territory Nauru Document type Legislation Date 2011 Source FAO, FAOLEX Original source Nauru Sessional Legislation. Long titleAn Act to establish the Development Fund and for related purposes. Subject Agricultural & rural development Keyword Agricultural development Institution Special fund Geographical area Asia and the Pacific, Micronesia, Oceania, Small Island Developing States, South Pacific Abstract This Act provides for the establishment of the Development Fund. The Fund shall facilitate the funding of development projects. A person must not withdraw, or authorize or permit a withdrawal of, an amount from the Fund unless: (a) the purpose of the withdrawal has been approved by Cabinet in writing; and (b) the procedures for the withdrawal prescribed by Regulations have been complied with. The Act grants regulation-making powers to Cabinet. Full text English Website www.paclii.org