Establishment

The holder of an Export Business Certificate, or other relevant certificate, shall– (a) conduct its aquaculture exporting business in Belize within the Designated Area defined in the Export Business Certificate, or other relevant certificate and any activities carried on outside such area shall be limited to communication, transportation, distribution and business meetings; Aquaculture Development [CAP. 204:01 39 (b) not sell, lease or transfer any livestock or aquatic species in any place in Belize outside a Designated Area defined in an Export or other relevant certificate, or to any resident of Belize or Belize domestic enterprise, but may make such disposition to other holders of Export Business Certificates, or other relevant certificate, in Belize or to individuals or business enterprises outside of Belize, provided that the Authority may in its discretion from time to time waive this restriction in whole or in part and for such period as he deems fit; (c) save as in this Part expressly exempted conduct his business in compliance with all applicable legal and regulatory requirements under the laws of Belize and in such manner that it will not have a deleterious on the environment; (d) pay for all goods, materials, items, articles and services purchased from domestic Belize suppliers and all wages in Belizean currency; (e) submit to the Central Bank of Belize, if and when requested, such aggregate reports of its purchases and sales as the Central Bank of Belize may require.