Interpretation

(1) In these RegulationsNo. 26 of 2013. “Act” means the High Seas Fishing Act; “beneficial owner” or “owner” means the ultimate owning entity or representative thereof (either individual or body corporate or group of companies); the beneficial owner may be the vessel’s management company or the trading name of a group, both of which are generally perceived to represent the ultimate owner of a vessel; “fishery products” means any product(s) derived as a result of fishing and fishing related activities; “high seas fishing licence” or “licence” means any permit, authorization or licence issued in accordance with the Act and these regulations; “vessel” means a Belize flagged vessel. (2) Other words and expressions used in these Regulations shall have the meanings respectively assigned to them in the Act.