|331D||Title:||IMMIGRATION SERVICE (WELFARE FUND) REGULATION||Gazette Number:||L.N. 252 of 1999; L.N. 289 of 1999|
|Section:||6||Heading:||Temporary loans to the Fund||Version Date:||19/11/1999|
(1) Pending the disposal of the investments of the Fund under section 5, the corporation may, with the approval of the Financial Secretary, request the Director to make a loan to the Fund of an amount necessary for meeting the current requirement of the Fund.
(2) If the Director has made a loan to the Fund under subsection (1), the corporation must, as soon as practicable after disposing of the relevant investments, repay to the Director the loan together with interest at such rate as the Financial Secretary may determine.