← belizelaw.ai · Prevention Of Curruption, Cap. 105 · PART III — Financial Disclosure
Contents of declaration
Cap. 105, s. 11 · Revised Edition 2020
(1) A declaration required under this Act shall include such particulars as are known to the declarant of the assets, income and liabilities of him/ herself of his/her spouse and of his/her children,
Provided that,
(a) if the spouse was not ordinarily living with the declarant for the entire period in relation to which the declaration is made; or
(b) if a child of the declarant was not ordinarily living with the declarant at any time during the period in relation to which the declaration is made,
the particulars required to be furnished by this subsection shall be limited to assets held by the spouse or child, as the case may Prevention of Corruption 17 be, in trust for, or as agent of the declarant, so, however, that nothing in this subsection shall be construed as precluding the Commission from requiring from a declarant any additional particulars the Commission may think fit.
(2) A declaration furnished pursuant to section 10 of this Act may be accompanied by a statement of affairs certified by a chartered accountant if the declarant so thinks fit.
(3) Where a person in public life holds money or other property in trust for another person, he may so state in his declaration, but shall not be required to disclose the terms of the trust.
(4) For the purposes of a declaration under this Act, the income, assets and liabilities of a person in public life include the income, assets and liabilities acquired, held or incurred by any person,
(a) as his or her agent or on his or her behalf;
(b) as his or her spouse’s agent or on behalf of his or her spouse.
(5) For the purposes of a declaration under this Act,
without prejudice to the generality of subsection (4) of this section,
(a) assets include property, real and personal,
including money, beneficially held in Belize or elsewhere by the declarant and his spouse and all rights or benefits enjoyed by the declarant and his spouse on a continuing basis; and
(b) liabilities include all the declarant’s and the declarant’s spouse’s obligations to pay money or to transfer money to others in Belize or elsewhere.
18 Prevention of Corruption
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