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Minerals Income Investment Fund (Amendment) Act, 2020 🇬🇭

Ghana

Table of Contents

Coat of Arms
Republic of Ghana


The one thousand and twenty-fourth

Act

of the parliament of the republic of ghana
entitled

Minerals Income Investment Fund (Amendment) Act, 2020

  • Published by Government Gazette on 27 August 2020
  • Assented to on 7 August 2020
  • Commenced on 27 August 2020
An ACT to amend the Minerals Income Investment Fund Act, 2018 (Act 978) to clarify the parameters for the operation of the Minerals Income Investment Fund, to require a Special Purpose Vehicle to operate on sound business principles and to provide for related matters.

1. Section 3 of Act 978 amended

The Minerals Income Investment Fund Act, 2018 (Act 978) referred to in this Act as the "principal enactment" is amended in section 3, by the substitution for paragraphs (4) and (6), of"(a) hold, directly or indirectly, equity interests in a Special Purpose Vehicle in any jurisdiction in furtherance of the objects of the Fund, and each Special Purpose Vehicle shall operate as a regular, commercial company,
(b)procure the listing of a Sp…

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