Statutory Corporations (Contributions to Consolidated Fund) Act

“Consolidated Fund” means the Consolidated Fund established under Article 145 of the Constitution;

“expenditure” means all expenses properly incurred by a specified statutory corporation in performing its functions and duties;

“funds” includes all general and special funds and reserves under the control or management of a specified statutory corporation, other than funds created for the accounting of moneys which are subject to a trust;

“Minister” means the Minister for Finance;

“revenue” includes all moneys received by or accruing to a specified statutory corporation other than moneys subject to a trust;

“specified statutory corporation” means any of the organisations, authorities or corporations specified in the Schedule.

Notwithstanding the provisions of any written law specified in the Schedule, the Minister may, by notice in writing, require any specified statutory corporation to pay into the Consolidated Fund within the period specified in the notice —

Any notice issued by or under the direction of the Minister before 21st April 1989 to any specified statutory corporation requiring it to make any payment into the Consolidated Fund shall be deemed to be a notice issued under the provisions of this Act.