Programme to remove restrictions

(1) Subject to the provision of this Act, restrictions on the right to provide a service in Belize by a national of another Member State shall be removed in accordance with the programme approved by Conference pursuant to Article 37 (2) of the Treaty. (2) Notwithstanding sub-section (1), the Competent Minister may with the consent of the Council for Finance and Planning and with the approval of the Conference, exclude certain financial services from the application of this Act in accordance with Article 37 (2) of the Treaty. (3) For the purposes of sub-section (1), the laws listed in Column 1 of the Schedule are amended to the extent specified in Column 2 with effect from the dates specified in Column 3. (4) The Competent Minister may, by Order published in the Gazette and subject to an affirmative resolution by the National Assembly, amend the Schedule to remove restrictions not notified to COTED in accordance with section 5 before 1st day of July, 2005.