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Marshall Islands Revised Code 2012

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Judiciary Fund Act 1989 [27 MIRC Ch.1]

REVISED CODE 2012


MARSHALL ISLANDS


TITLE 27.


THE COURT AND COURT OFFICERS


CHAPTER 1.


THE JUDICIARY FUND


ARRANGEMENT OF SECTIONS


Section
§101. Short title.
§102. The Judiciary Fund.
§103. Payments into the Fund.
§104. Payments out of the Fund.
§105. Accounts and records.
§106. Taxation.
§107. Reserved.


______________________________


An Act to repeal and re-enact the Judiciary Fund Act 1984 to establish a more efficient means for the administration of funds received by the judiciary and for related purposes. [The Judiciary Fund Act 1984, P.L. 1984-12, as amended by P.L. 1987-28, was repealed and re-enacted by P.L. 1989-69, effective 18 September 1989]


Commencement: 18 September 1989

Source: P.L. 1989-69

P.L. 1993-43

P.L. 1994-99

P.L. 1997-59

P.L. 2003-103


§101. Short title.


This Chapter may be cited as the Judiciary Fund Act of 1989. [P.L. 1989-69, §1.]


§102. The Judiciary Fund.


The Judiciary Fund (the Fund) is hereby established. The Fund is a fund other than the General Fund for purposes of Article VIII section 3 (2) of the Constitution of the Republic. [P.L. 1989-69, §2; amended by P.L. 1994-99, §3(13) [amended by P.L. 2003-103]


§103. Payments into the Fund.


There shall be paid into the Fund:


(1) any money appropriated by the Nitijela for the Judiciary;

(3) all money in or credited to the Judiciary Fund, created under the Judiciary Fund Act 1984, before the effective date of this Chapter, including without limitation all funds held in Master Fund No. 400,000 by the Department of Finance. [P.L. 1989-69, §3; amended by P.L. 1993-43, §1.]


§104. Payments out of the Fund.


(1) Payments shall be made out of the fund for or to the following purposes and recipients, and only for or to the following purposes and recipients:




(2) The Chief Justice of the High Court shall, with the approval of the Chief Justice of the Supreme Court and in advance of each financial year, prepare a budget, consistent with the provisions of this Chapter, for the withdrawal and the expenditure of monies out of the Fund for that financial year. The budget may, with the approval of the Chief Justice of the Supreme Court, be amended by the Chief Justice of the High Court from time to time as he may deem necessary and desirable. Approved budgets shall be forwarded to the Secretary of Finance to guide him in maintaining accounts and records for the Fund.

(3) No money shall be withdrawn from the Fund except in accordance with this Chapter and with the procedures prescribed by the Financial Management Act, 11 MIRC 1.

(4) A delegation under Article VIII, Section 5(1) of the Constitution of the Republic to expend money out of the Fund is given to the Chief Justice of the High Court and the Clerk of Courts acting together. [P.L. 1989-69, §4; amended by P.L. 1993-43, §2; amended by P.L. 1994-99, §3(13); amended by P.L. 1997-59, §2.][new sub(4) inserted by P.L. 2003-103]

§105. Accounts and records.


(1) The Secretary of Finance, with the assistance of the Chief Justice of the High Court, shall cause to be maintained books of accounts and records in accordance with generally accounting principles for government funds, as adopted and occasionally amended by the Government Accounting Standards Board, of:


(a) the Fund:

(2) The accounts and records referred to in Subsection (1) of this Section, are subject to audit under Article VIII, Section 15 of the Constitution of the Republic of the Marshall Islands.


(3) The Chief Justice of the High Court and the Clerk of the Courts acting together shall open and maintain as few bank accounts as is necessary for the efficient operation of the Fund, which bank accounts shall likewise be subject to audit under Article VIII, Section 15 of the Constitution of the Republic of the Marshall Islands." [P.L. 1989-69, §5; amended by P.L. 1994-99, §3(13).][amended by P.L. 2003-103]


§106. Taxation.


The Fund and related transactions are not subject to any tax, rate, charge, or impost under any other law. [P.L. 1989-69, §6.]


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