An Employment Guarantee Fund is hereby created on the books of the Department of the Treasury. Administrative fines collected by the Commercial Development Administrator by virtue of this chapter and any appropriations consigned for these purposes, shall be deposited in said Fund.\nThe collections and appropriations deposited in the Employment Guarantee Fund shall be used to grant the wage incentives established in this chapter and to defray the expenses of the operation and purchase of the material needed for the development of the Program, which shall not exceed five percent (5%) thereof.\nHistory —June 17, 1996, No. 54, § 10, renumbered as § 11 on Aug. 20, 2003, No. 202, § 2.
Puerto Rico Legal Code