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Development Fund Board Act, 2009 (No. 6 of 2009).

Pays/Territoire
Îles Vierges Brit. (RU)
Type du document
Législation
Date
2009
Source
FAO, FAOLEX
Titre complet
An Act to establish the Development Fund Board and matters related thereto.
Sujet
Agriculture et développement rural
Mot clé
Développement agricole Institution Fonds spécial Entité non-gouvernementale
Aire géographique
Amériques, Caraïbes, Amérique latine et Caraïbes, Atlantique Nord, Petits états insulaires en développement
Résumé

This Act establishes the Development Fund Board as a body corporate, defines its functions and powers and provides with respect to its administration and internal organization. The Board shall, among other things: financially manage the property received by it from the Government of the Virgin Islands or any other source for the purposes of the development of the economy of the Virgin Islands; appoint a commercial bank for purposes of this Act; and monitor the dealings of the bank in relation to any property invested with the bank under this Act. The Board may enter into an agreement with the bank for a period of five years. The bank shall, among other things, grant loans for a development projects to persons approved by the Board in accordance with regulatory standards.

Texte intégral
Anglais
Site web
www.bvigazette.org