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RECONSTRUCTION AND REHABILITATION FUND ACT

Arrangement of Sections

1.        Short title.

2.        Establishment of the Reconstruction and Rehabilitation Fund.

3.        Board of Governors of the fund.

4.        Powers of the Fund.

5.        The Reconstruction and Rehabilitation Fund Account.

6.        Purposes for which the money of the Fund may be applied.

7.        Investment of moneys of the Fund.

8.        Officers and servants of the Fund.

9.        Audit and accounts.

10.      Auditor-General’s report and statement to be placed before Parliament.

11.      Power of Board to make rules.

12.      Officers and servants of the Fund deemed to be public servants within the meaning of the Penal Code.

13.      Board deemed to be a Scheduled institution within the meaning of the Bribery Act.

58 of 1993.

AN ACT to provide for the establishment of a fund called the Reconstruction and Rehabilitation Fund for the provision of funds for relief and rehabilitation projects; and to provide for matters connected therewith or incidental thereto.

[Date of Commencement: 25th November, 1993]

1. Short title.

This Act may be cited as the Reconstruction and Rehabilitation Fund Act.

2. Establishment of the Reconstruction and Rehabilitation Fund.

(1) There shall be established a Fund to be called the “Reconstruction and Rehabilitation Fund” (hereinafter referred to as “the Fund”).

(2) The Fund shall, by the name assigned to it by subsection (1) be a body corporate, and shall have perpetual succession and a common seal and may sue and be sued in such name.

3. Board of Governors of the fund.

(1) The administration, management and control of the Fund shall be vested in a Board of Governors constituted as hereinafter provided.

(2) The Board of Governors of the Fund (hereinafter referred to as “the Board”) shall consist of—

(a)  the Prime Minister;

(b)  the Minister in charge of the subject of Reconstruction, Rehabilitation and Social Welfare;

(c)  the Speaker;

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Last Updated on Sunday, 30 June 2013