Incidence and notification of restrictions

(1) In determining the incidence of restrictions mentioned in section 18, the Competent Minister may accord priority to activities which are essential to the economic stability of Belize but such restrictions shall not be adopted or maintained for the purpose of protecting a particular sector, due regard being paid Caribbean Community (Movement of Factors) 19 to any special factors which may be affecting the reserves of Belize or Belize’s need for reserves. (2) Restrictions adopted or maintained pursuant to sub- section (1) or any changes therein shall be notified within three working days to the Council for Finance and Planning and the Council for Trade and Economic Development, and, in any event, the Competent Minister shall forthwith consult with the competent organ of the Community if requested to do so.