Market Access and Rural Enterprise Development Programme Loan Authorisation Act No. 12 of 2012

2012 Market Access and Rural Enterprise Act 10 299 Development Programme Loan Authorisation ARRANGEMENT OF CLAUSES 1. Short title 2. Authority to raise loan 300 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 301 Development Programme Loan Authorisation I assent, CARLYLE ARNOLD GLEAN Governor-General. AN ACT to authorise the Minister of Finance to borrow from the International Fund for Agricultural Development an amount as nearly as may be a sum equivalent to two million, nine hundred and fi fty thousand United States Dollars and from the Caribbean Development Bank, a loan of an amount not exceeding the equivalent of three million United States Dollars. WHEREAS the Government of Grenada deems it desirable to enhance and increase the incomes of rural young unemployed or self-employed men and women, through the strengthening and establishment of competitive, profi table and sustainable rural businesses and employment, opportunities and creating better linkages to production chains and greater to markets. WHEREAS the Government of Grenada has therefore deemed it necessary to secure funding for same; GRENADA ACT NO. 10 OF 2012 [March 16, 2012]. 29th February, 2012. L.S. 302 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation WHEREAS section 49 of the Public Finance Management Act No. 27 of 2007, authorises the Minister of Finance to secure a liability by borrowing for the purposes specifi ed therein, including for any purpose of a capital nature; AND WHEREAS the Minister of Finance proposes to borrow, on behalf of the Government of Grenada an amount as nearly as may be the sum equivalent to two million, nine hundred and fi fty thousand United States Dollars from the International Fund for Agricultural Development and a sum not exceeding the equivalent of three million United States Dollars from the Caribbean Development Bank for the purposes afore-mentioned; BE IT ENACTED by the Queen’s Most Excellent Majesty by and with the advice and consent of the Senate and the House of Representatives and by the authority of the same as follows; — 1. This Act may be cited as the MARKET ACCESS AND RURAL ENTER PRISE DEVELOPMENT PROGRAMME LOAN AUTHORISATION ACT, 2012 2.—(1) The Minister of Finance is hereby authorised to raise a loan for the purposes of enhancing and increasing the incomes of rural young unemployed or self-employed men and women, through the strengthening and establishment of competitive, profi table and sustainable rural businesses and employment opportunities and creating better linkages to production chains and greater access to markets. (2) The loan specifi ed in subsection (1) is to be raised as follows— Short title. Authority to raise loan 2012 Market Access and Rural Enterprise Act 10 303 Development Programme Loan Authorisation (a) an amount of as nearly as may be a sum equivalent to two million, nine hundred and fi fty thousand United States Dollars (SDR1,930,000) from the International Fund for Agricultural Development; and (b) an amount not exceeding the equivalent of three million United States Dollars from the Caribbean Development Bank (3) All monies borrowed under this Act shall be effected and secured pursuant to the terms and conditions specifi ed in the Schedule. 304 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 305 Development Programme Loan Authorisation 306 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 307 Development Programme Loan Authorisation 308 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 309 Development Programme Loan Authorisation 310 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 311 Development Programme Loan Authorisation 312 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 313 Development Programme Loan Authorisation 314 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 315 Development Programme Loan Authorisation 316 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 317 Development Programme Loan Authorisation 318 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 319 Development Programme Loan Authorisation 320 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 321 Development Programme Loan Authorisation 322 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 323 Development Programme Loan Authorisation 324 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 325 Development Programme Loan Authorisation 326 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 327 Development Programme Loan Authorisation 328 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 329 Development Programme Loan Authorisation 330 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 331 Development Programme Loan Authorisation 332 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 333 Development Programme Loan Authorisation 334 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 335 Development Programme Loan Authorisation 336 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 337 Development Programme Loan Authorisation 338 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 339 Development Programme Loan Authorisation 340 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 341 Development Programme Loan Authorisation 342 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 343 Development Programme Loan Authorisation 344 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 345 Development Programme Loan Authorisation 346 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 347 Development Programme Loan Authorisation 348 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 349 Development Programme Loan Authorisation 350 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 351 Development Programme Loan Authorisation 352 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 353 Development Programme Loan Authorisation 354 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 355 Development Programme Loan Authorisation 356 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 357 Development Programme Loan Authorisation 358 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 359 Development Programme Loan Authorisation 360 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 361 Development Programme Loan Authorisation 362 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 363 Development Programme Loan Authorisation 364 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 365 Development Programme Loan Authorisation 366 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 367 Development Programme Loan Authorisation 368 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 369 Development Programme Loan Authorisation 370 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 371 Development Programme Loan Authorisation 372 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 373 Development Programme Loan Authorisation 374 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 375 Development Programme Loan Authorisation 376 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 377 Development Programme Loan Authorisation 378 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 379 Development Programme Loan Authorisation 380 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation 2012 Market Access and Rural Enterprise Act 10 381 Development Programme Loan Authorisation 382 Act 10 Market Access and Rural Enterprise 2012 Development Programme Loan Authorisation Passed in the House of Representatives this 4th day of March, 2011. ADRIAN C. A. HAYES Clerk to the House of Representatives. Passed in the Senate this 22nd day of March, 2011. ADRIAN C. A. HAYES Clerk to the Senate. GRENADA PRINTED BY THE GOVERNMENT PRINTER, AT THE GOVERNMENT PRINTING OFFICE, ST. GEORGE’S 16/3/2012.