GHANA INFRASTRUCTURE INVESTMENT FUND (Act 1063)

The Ghana Infrastructure Investment Fund Act, 2014 (Act 877), referred to 1n this Act as the “principal enactment”, 1s amended by the substitution for section 5, of “Sources of money for the Fund The sources of money for the Fund are (a) an amount of money not exceeding twenty-five percent of the Annual Budget Funding Amount to be applied to amortization and direct infrastructure expenditure; (b) repayment inflows of moneys on-lent by the Ministry of Finance to Ministries, Departments and Agencies of Government or State-owned Enterprises for capital project or infrastructure development; (c) grants, donations, gifts and other voluntary contributions to the Fund; (d) internally generated funds; (e) moneys that accrue to the Fund from investment made by the Fund; (f) moneys borrowed or raised from local and international capital market or from the affiliates of the Fund; (g) moneys that may become lawfully payable to the Fund; (h) property that may become lawfully vested in the Board for the Fund; and (i) any other moneys approved by Parliament for payment into the Fund.”.