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Emergency Relief Guarantee Fund Act, 1999 (Cap. 35).

Country/Territory
Bahamas
Document type
Legislation
Date
1999
Source
FAO, FAOLEX
Long title
An Act to establish an Emergency Relief Guarantee Fund to allow the Government to guarantee loans for the relief of persons who have suffered hardship and loss as a result of a disaster and for purposes connected thereto.
Subject
Agricultural & rural development, Environment gen.
Keyword
Agricultural development Credit Disasters Special fund
Geographical area
Americas, Caribbean, Small Island Developing States
Abstract

This Act establishes an Emergency Relief Fund and grants powers to the Minister to guarantee loans extended by approved lenders. The Minister shall, as respects the functions assigned to him or her under this Act, be a corporation sole, with power to acquire, hold, lease, and dispose of property, to enter into contracts, to sue and be sued and to do all things necessary for the purposes of this Act. The Act sets out conditions for the grant of a guaranteed loan. Such loans shall be granted for t

Full text
English
Website
laws.bahamas.gov.bs

References - Legislation

Implemented by

Emergency Relief Guarantee Fund Regulations, 2000 (Cap. 35).

Legislation | Bahamas | 2000 (2000)

Keyword: Special fund, Credit, Land based credit, Disasters

Source: FAO, FAOLEX