Section 31
of Northern Corridor Implementation Authority Act 2008
Section 31
A fund to be known as the “Northern Corridor Implementation
Authority Fund” to be administered and controlled by the Authority is established.
(2)
The Fund shall consist of—
(a)
such sums as may be provided by Parliament for the purposes of this Act from time to time;
(b)
such sums as may be paid to the Authority from time to time for loans given by the Authority;
(c)
all moneys earned by the operation of any project, scheme or enterprise financed from the Fund;
(d)
all moneys earned or arising from any property, investment, investment fund, mortgage, charge or debenture acquired by or vested in the Authority;
(e)
any property, investment, investment fund, mortgage, charge or debenture acquired by or vested in the Authority;
(f)
sums borrowed by the Authority for the purposes of meeting any of its obligations or discharging any of its duties;
(g)
fees, costs and any other charges imposed by the Authority under this Act;
(h)
all moneys earned from consultancy and advisory services and any other service rendered by the Authority;
(i)
all other sums or property, other than sums mentioned in paragraph 28(2)(b), which may in any manner become payable to or vested in the Authority in respect of any matter incidental to its functions, powers and duties;
and
(j)
all other moneys lawfully received by the Authority.
Act 687