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Canada–Newfoundland and Labrador Atlantic Accord Implementation Act

Version of section 232 from 2002-12-31 to 2015-06-18:


Marginal note:Development Fund Committee

  •  (1) There is established by the joint operation of this Act and the Provincial Act a committee to be known as the Development Fund Committee, consisting of four members.

  • Marginal note:Appointment of members

    (2) Two members of the Development Fund Committee are to be appointed by each government.

  • Marginal note:Functions of the Committee

    (3) The Development Fund Committee shall monitor and review the implementation of the Development Fund pursuant to this Part.

  • Marginal note:Dissolution of the Committee

    (4) The Development Fund Committee is, by the joint operation of this subsection and subsection 204(4) of the Provincial Act, dissolved three years after the date, as determined by both Ministers, on which the last payment is made pursuant to subsection 231(1).


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