Application to register

(1) In accordance with section 85B of the Act, a person who carries on, or intends to carry on, a relevant business in or from within Belize shall make an application to be registered for that type of relevant business. (2) Application may be made to the supervisory authority. Money Laundering and Terrorism (Prevention) 17 (3) An application under subregulation (2) shall– (a) be in writing and in the form specified by the (b) be signed by the reporting entity applying for registration or by a person acting on the applicant’s behalf; and (c) be accompanied by– (i) such documents or information as may be specified by these Regulations or on the application form; and (ii) a non-refundable application fee set pursuant to regulation 21(2). (4) The supervisory authority may require an applicant to– (a) provide it with such documents and information, in addition to those specified in subregulation (3)(c), as it reasonably requires to determine the application and any such information shall be in such form as the supervisory authority may require; and (b) verify any document and information provided in support of an application in such manner as the supervisory authority may specify. (5) If, before a notice of registration referred to in regulation 6(a) is provided to a DNFBP– (a) there is a material change in any information or documentation provided by or on behalf of Money Laundering and 18 Terrorism (Prevention) the applicant to the supervisory authority in connection with the application; or (b) the applicant discovers that any such information or documentation is incomplete, inaccurate or misleading, the applicant shall, as soon as reasonably practicable, give the supervisory authority written particulars of the change or of the incomplete, inaccurate or misleading information or documentation.