s.16Capital and borrowing powers of Authority— Cayman Islands National Attractions Authority Act, 2023

Section 16Part 4 — FINANCIAL PROVISIONS

Capital and borrowing powers of Authority

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The Authority shall have the power to borrow for, or in connection with, the performance of its functions and duties.

In accordance with a resolution of the Parliament, the Cabinet may guarantee the payment of the principal and interest on any authorized borrowings of the Authority.

Cayman Islands National Attractions Authority Act

5 Parts

s.16Capital and borrowing powers of Authority— Cayman Islands National Attractions Authority Act, 2023

Section 16Part 4 — FINANCIAL PROVISIONS

Capital and borrowing powers of Authority

←→ Navigate · Click subsection badges to collapse · Press ? for help

The Authority shall have the power to borrow for, or in connection with, the performance of its functions and duties.

In accordance with a resolution of the Parliament, the Cabinet may guarantee the payment of the principal and interest on any authorized borrowings of the Authority.