Infrastructure Development Trust Fund (Dissolution) Ordinance, 2025 (Cap 88)

Enacted to formally dissolve the Infrastructure Development Trust Fund (Fund) and repeal the Infrastructure Development Trust Fund Ordinance, 1985 [Ord. No. 4/85] that established it. Under this Ordinance, all moneys remaining in the Fund are to be transferred into the State’s Consolidated Fund at the direction of the State Financial Secretary. Before the final dissolution, any outstanding management and administration expenses of the Fund are to be settled using the existing Fund balance. Additionally, the Ordinance empowers the Minister to make necessary modifications to the provisions if any difficulties or anomalies arise during its implementation.

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