LAW N° 50/2006 OF 05/10/2006 LAW ESTABLISHING AND DETERMINING SFAR | 50/2006 OF 05/10/2006 — Rwanda law | Esheria

LAW N° 50/2006 OF 05/10/2006 LAW ESTABLISHING AND DETERMINING SFAR

This article creates SFAR and says it has legal personality and autonomy in management of its assets and staff.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Rwanda
Instrument
Act or statute
Citation
50/2006 OF 05/10/2006
Status
Not in force
Version
Undated source snapshot
Language
mul
Updated
Official source
View official record ↗
agency governance agenda setting asset management assets benefits board composition board governance board meetings board powers board resolutions budget budget management bursaries conflict of interest contract requirements contracts director compensation director participation education effective date financial management funding sources headquarters location higher education +30 more

Statute overview

About this statute

This article creates SFAR and says it has legal personality and autonomy in management of its assets and staff. SFAR’s headquarters is in Kigali, but it may be moved elsewhere in Rwanda if necessary. This article defines key terms used in the law, including candidate, student, student loan, bursary, and higher institution of learning. The education cost for a student who receives a loan is reduced under the agreement SFAR makes with the student. The Minister in charge of higher education sets the loan-award and recovery criteria, and the rules for how a student loan recipient and the Government share education costs.