All parliamentary appearances
Entries 3541 to 3550 of 4076.
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13 Feb 2019 in Senate:
Remuneration of members of the Board
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13 Feb 2019 in Senate:
13M. The Authority shall pay its members such remuneration, fees or allowances for expenses as may be determined by the Salaries and Remuneration Commission.
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13 Feb 2019 in Senate:
Protection from personal liability 13N. (1) Any matter or thing done by a member of the Board or any officer, employee or agent of the Authority shall not, if the matter or thing is done bona fide for executing the functions, powers or duties of the Authority, render the member, officer, employee, agent or any other person acting on those directions personally liable to any action, claim or demand whatsoever.
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13 Feb 2019 in Senate:
(2) The provisions of subsection (1) shall not relieve the Authority of the liability to pay compensation or damages to any person for an injury to that person, that person’s property or any of the persons’ interests caused by the exercise of the powers conferred on the Board by this Act or by any other written law or by the failure, whether wholly or partially, of any works.
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13 Feb 2019 in Senate:
Funds of the Authority. 13O. (1) The funds of the Authority shall consist of—
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13 Feb 2019 in Senate:
(a) such moneys as may, from time to time, be appropriated by the National Assembly for that purpose; (b) levies, not exceeding one half of a percent on the sales of petroleum products; (c) such other moneys or assets as may accrue to or vest in the Authority in the exercise of its powers or the performance of its functions under the Act; (d) any revenues generated from any proprietary interest held by the Authority whether movable or immovable; (e) interest from bank deposits; and (f) any revenue from other sources including loans, grants, gifts, or donations approved by the ...
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13 Feb 2019 in Senate:
Investment of funds of the Authority 13P. (1) The Authority may invest its funds in any securities which for the funds of the time being trustees may by law invest in trust funds, or in any other securities which the Cabinet Secretary may, from time to time, approve for that purpose.
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13 Feb 2019 in Senate:
(2) The Authority may place on deposit with such a bank as it may determine, any moneys not immediately required for the purposes of the Authority.
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13 Feb 2019 in Senate:
Financial year
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13 Feb 2019 in Senate:
13Q. The financial year of the Authority shall be the period of twelve months ending on the thirtieth June each year.
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