 వర్డిమత్జ ఆడివాదిండాట్వామియ వర్లాతిమారియా పరతరాఉాడి వరీపె ! wirtschaft, swim died in the industry for international D. the sought of the monies of the special fund. E. their common officer responsible for the administration of the special fund. And F. the terms for which the special fund should be maintained. Whereas the minister of finance with the approval of parliament considers it necessary to have special fund to be known as an anti-crime initiative fund. the fund for the purpose of providing monies to execute an anti-crime initiative including crime prevention, law enforcement and other measures for national security and whereas the source and monies to be paid into the fund comprises in relation to the policy of the crime act cab 3.04 on the section 9 cash for fitted two on a section 10 the proceeds of a sale of for fitted property 3 on a section 14 the proceeds of a charging order for on a section 17 monies to be paid in relation to the contribution order be transferred to under par a payment to a bank account to provide a contract in the charge of the property general whereas the section 25 one of the act in the payment counting procedures applies to the fund and whereas in the college section 25 2 and 3 of the act the counting of the fees are administered for one charge of a bill of one month after the end of the national year the pay of the tax and the pay of the contract in the law smittment of the financial provision of the fund at the end of the national year at the end of the national year the smittment of the contract in the law includes one a smittment of assets at the end of the fund 4. the state of the state smittment of the fund to be a stable investment in interest or dividends created to fund and whereas the one and the most cheap of the 20 generous to universe is the account of the fund which is accountable for the financial fund and whereas the fund investment in the state is closed and is financed మమోవ౗ాప్ల్ల్ప్రి. కమాల్తికీవుత్టికీకమర్స్ర్టికీని. నంఠ్స్వత్నిలి దకివన్యికేటాయాతూత్ర్నా. సూఠిత్న్ల్. ksamenta sosikake ksamenta osijoyan and the financial position of the fund at the end of the financial year. Two. The statements on the sub-paragraph one must include a statement of assets and liabilities of the fund, a detailed statement of receipts and payments of the fund, the statement of investments and interests or dividends created to the fund. Section 231 of the Act relating to the payment and accounting procedures applies to the fund. D. The Parliament Secretary of the Attorney General's Chamber is the accounting officer who is responsible for administering the fund. E. The fund must be maintained unless it is closed by the Minister of Finance on the section 24 of the Act where the Minister of Finance receives a report from the Attorney General to indicate that the purpose of which the fund was established has been fulfilled on the long exist and in the opinion of the minister there is no likelihood that the purpose for which the fund could luckily be used will arise in the future or the terms specified in this resolution for the fund has expired. Mr. Speaker the purpose of the Public Finance Management Act resolution of Parliament to establish an anti-crime initiative fund is to provide for the establishment of a special fund to be known as the anti-crime fund. In this 2021 mutual evaluation report the Caribbean Financial Action Task Force identified certain deficiencies with respect to mechanisms under Senusia's legal framework to deal with civil asset recovery and for future. As a consequence Senusia was required to amend the Proceeds of Crime Act 3.04 to adjust the deficiencies identified in the report. In particular recommendation number four of the report now requires countries to provide mechanisms for managing and disposing frozen seas or confiscated property. Similarly with respect to recommendation 48 of the report mutual legal systems freeze land confiscation Senusia was rated partially compliant at the CFATF fund that there is no mechanism to place for the management of frozen seas or confiscated property. The resolution Mr. Speaker provides that all property confiscated must be deposited into the fund. The purpose of the fund is to provide monies to government agencies to execute an anti-crime initiative including crime prevention, law enforcement and other measures for national security. Of particular note the resolution identifies the source and monies to be paid into the fund which comprises cash for fitted the proceeds of a sale for fitted property the proceeds of a charge in order money paid in satisfaction of a confiscation order and money paid into bank account approved by the accountant general in charge of the attorney general. The resolution Mr. Speaker also provides for the permanent secretary of the attorney general's chambers to administer the fund. The resolution further provides for certain safeguards to ensure accountability and transparency with respect to administration of the fund. In particular the accounting officer administering the fund is required within the period of one month after the end of the financial year to prepare, sign and submit to the accountant general statements showing the financial position of the fund at the end of the financial year. These financial statements must include a statement of the assets and the services of the fund, a detailed statement of the season payments of the fund and a statement of investments or dividends credited to the fund. It is also a requirement that the fund must be maintained unless it is closed by the minister of finance. In circumstances where the minister receives a report from the attorney general which indicates that the purpose for which the fund was established has been fulfilled or no longer exists and in the opinion of the minister there is no likelihood that the purpose for which the fund could luckily be used with a rise in the future. Alternatively, the requirement to maintain the fund's ceases if the terms specified in the resolution expires. With the speaker, the resolution allows the solution to take the necessary steps towards satisfying international obligations as outlined by the CFATF. Even more, it provides an avenue to properly secure and manage the process of criminal conduct and also utilize these proceeds as a financial mechanism to fight the war on crime which threatens the safety sanity and security of our citizens. With the speaker, all this resolution is saying is that we have to create a special account in which we can put money that is confiscated, property that is seized and sold, all proceeds of crime to be put in an account where that account will be used for national security and crime prevention but what this resolution calls for is that special account where the use of the money can be transparent and the money can be accounted for. This is all Mr. Speaker and this is first to be able to meet our mutual evaluation requirements and be in compliance with the requirements of the Caribbean Financial Action Task Force. Nothing new Mr. Speaker, just an account where we can put all money that is seized and confiscated and we can be able to account for it in a transparent matter. Mr. Speaker, I urge members to support. On the members, the question is that parliament authorizes the Minister for Finance to establish a special fund to be known as the anti-crime initiative fund for the purpose of providing money to execute an anti-crime initiative including crime prevention, law enforcement and other measures for national security. Be it further resolved that A, the source and monies to be paid into the fund comprises one in relation to the Proceeds of Crime Act Cap 304 under Section 9, cash forfeited under Section 10, the Proceeds of a sale of forfeited property under Section 14, the Proceeds of a charge in order under Section 17, monies paid in satisfaction of a confiscation order. Two, some refer to on the paragraph one that have been paid into a bank account approved by the