Minerals Income Investment Fund (Amendment) Act, 2020 🇬🇭
Republic of Ghana
The one thousand and twenty-fourth
of the parliament of the republic of ghana
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.
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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