12 GCA § 64108.1: Legislative Approval.

In the case of project revenue bonds issued for the purpose of providing funds to pay or cause to be paid all or any part of the cost of any project as defined in the last sentence of § 64102(h) of this Title, any moneys received by the Authority after the payment or provision for payment of the principal of and interest on such bonds and the costs and expenses of the issuance of such bonds shall be deposited by the Authority in a separate fund and the moneys in such fund shall not be committed, expended or encumbered without approval of the Legislature.