Interim Board of Directors

(1) Upon the commencement of this Order, the existing Board of Directors of Belize Electricity Limited (hereinafter referred to as “BEL”) shall cease to function and the Minister shall forthwith appoint an interim Board of Directors of BEL by notice published in the Gazette, who shall manage and regulate the affairs of BEL until such time as a new Board of Directors can be appointed in accordance with the Articles of Association and the reconstituted capital structure of BEL. 48 Electricity (2) Every person (including a director) who in any manner impedes or obstructs the interim Board of Directors appointed under subparagraph (1) above from taking over the management and control of BEL commits an offence and is liable on summary conviction to a fine not exceeding five thousand dollars for each day the offence continues, or to imprisonment for a term not exceeding two years, or to both such fine and term of imprisonment.