AN ACT to provide for the District Assemblies Common Fund, the appointment of the District Assemblies Common Fund Administrator, to provide for the functions of the Administrator and related matters.
Establishment of the Fund
1. The District Assemblies Common Fund
(1)The District Assemblies Common Fund established by article 252 of the Constitution consists of the moneys allocated by Parliament under section 2 of this Act and the interests and dividends accruing from investments of moneys from the Fund.(2)The allocation made by Parliament under section 2 of this Act shall be paid into the Fund in quarterly instalments.(3)The moneys accruing to the District Assem…
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