Uganda Act or statute

Parliament of Uganda

International Development Association Act

Defines "Minister" as the Minister for the time being responsible for finance. Acceptance of agreement; section to sign the agreement Section 3 authorises payments charged on and paid out of the Consolidated Fund for…

Source attribution: Source: Uganda Legal Information Institute

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Official source

01

Purpose and legislative effect

“Defines "Minister" as the Minister for the time being responsible for finance.”

Defines "Minister" as the Minister for the time being responsible for finance. Acceptance of agreement; section to sign the agreement Section 3 authorises payments charged on and paid out of the Consolidated Fund for sums required to make payments on behalf of the Government, allows the Minister to create and issue certain non-interest-bearing, nonnegotiable notes to the association, and allows the Minister to raise loans by issuing securities; monies received or raised form part of the Consolidated Fund. Gives the association the right to import goods free of customs duty and to sell them without restriction in the country of import. This Act takes effect despite the East African Customs and Transfer Tax Management Act, the East African Income Tax Management Act, or any East African Community Act that amends or replaces either of those Acts.

02

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03

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1. Interpretation

Defines "Minister" as the Minister for the time being responsible for finance.

Section 1

3. Financial provisions

Section 3 authorises payments charged on and paid out of the Consolidated Fund for sums required to make payments on behalf of the Government, allows the Minister to create and issue certain non-interest-bearing, nonnegotiable notes to the association, and…

Section 3

04

Source and current-law status

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Source record from ulii.org · As at 31 Dec 2000

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Showing 5 of 5 provisions

Provision 3InterpretationAmendment
§ 11. InterpretationInterpretation

Defines "Minister" as the Minister for the time being responsible for finance.

Section 1. Interpretation Section In this Act, unless the context otherwise requires, " Minister " means the Minister for the time being responsible for finance.
§ 22. Acceptance of agreementProvision

Acceptance of agreement; section to sign the agreement

Section 2. Acceptance of agreement Section to sign the agreement; and
§ 33. Financial provisionsProvision

Section 3 authorises payments charged on and paid out of the Consolidated Fund for sums required to make payments on behalf of the Government, allows the Minister to create and issue certain non-interest-bearing, nonnegotiable notes to the association, and allows the Minister to raise loans by issuing securities; monies received or raised form part of the Consolidated Fund.

Section 3. Financial provisions Section 3(1) There shall be charged on and paid out of the Consolidated Fund without further appropriation than this Act all sums required for the purpose of making payments on behalf of the Government— Section 3(1)(a) in respect of subscriptions payable to the association under articles II and III of the agreement; Section 3(1)(b) under section 2(a) of article IV of the agreement (which relates to falls in the par or foreign exchange value of currencies of members of the association); and Section 3(1)(c) under section 4 of article VII of the agreement (which relates to the cessation of membership of the association). Section 3(2) The Minister may, on behalf of the Government, create and issue to the association, in such form as he or she thinks fit, any such non-interestbearing and nonnegotiable notes or other obligations as are provided for by section 2(e) of article II of the agreement, and any sums payable under any such notes or obligations so created and issued shall be charged on and paid out of the Consolidated Fund. Section 3(3) For the purpose of providing any sums required for making any payments under this section, the Minister may, on behalf of the Government, raise loans by the creation and issue of securities bearing such rates of interest and subject to such conditions as to repayment, redemption or otherwise as he or she may think fit and the principal and interest of such securities and the charges and expenses incurred in connection with their issue shall be charged on and paid out of the Consolidated Fund. Section 3(4) Any monies received by the Government from the association or raised under subsection (3) shall be paid into and form part of the Consolidated Fund and shall be available in the same manner as that fund is available.
§ 44. Certain provisions of agreement to have force of lawProvision

Gives the association the right to import goods free of customs duty and to sell them without restriction in the country of import.

Section 4. Certain provisions of agreement to have force of law Section entitling the association to import goods free of customs duty without any restriction on their subsequent sale in the country to which they were imported;
§ 55. Effect of certain East African Community Acts modifiedAmendment

This Act takes effect despite the East African Customs and Transfer Tax Management Act, the East African Income Tax Management Act, or any East African Community Act that amends or replaces either of those Acts.

Section 5. Effect of certain East African Community Acts modified Section This Act shall have effect notwithstanding the East African Customs and Transfer Tax Management Act, the East African Income Tax Management Act, or any Act of the East African Community amending or replacing either of those Acts of the East African Community.

Legislative relationships

2 referenced instruments

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A–F

2 instruments

  • Consolidated Fund without further appropriation than this Act

    Section 3
  • East African Community amending or replacing either of those Act

    Section 5

Recorded versions and source checkpoint

1 version available in this collection

Current-law checkpoint
  • 31 Dec 2000 · currentEnglish

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