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Catastrophe Fund Act No.13 of 2020.

País/Territorio
Barbados
Tipo de documento
Legislación
Fecha
2020
Fuente
FAO, FAOLEX
Título completo
An Act to provide for a fund, to be known as the Catastrophe Fund, to provide financial aid to eligible persons and qualifying businesses in need of such aid as a result of a catastrophe.
Materia
Medio ambiente gen., General
Palabra clave
Negocios/industria/corporaciones Recopilación de datos/informes Financiamiento Inundación Peligros Inspección Institución Evaluación/manejo de riesgos Fondo especial
Área geográphica
Americas, Caribe, América Latina y el Caribe, Atlántico Norte, Pequeños estados insulares en desarrollo
Resumen

This Act lays down provisions on the management and investment of the Catastrophe Fund; the claims for financial aid by the persons described in the First Schedule; establishment of the Physical Catastrophes Committee and the Economic Catastrophes Committee; audits on accounts, and reporting on the investment portfolio and other economic activity of the Fund; and offences and penalties. The purpose of the Fund is to provide financial aid to eligible persons and qualifying businesses in need of such aid as a result of a catastrophe, including but not limited to: earthquake, storm, flood or pandemic.

Texto completo
Inglés
Página web
www.barbadosparliament.com