← belizelaw.ai · Public Utilities Commission, Cap. 223 · PART V — General Functions of the Commission

Section 22A

Cap. 223, s. 22A · Revised Edition 2020

(1) It shall be the duty of the Minister after consultation with the Commission, Minister of Finance and the Governor of the Central Bank, to ensure that in relation to any public utility provider engaged in the provision of utility services to consumers, there is free movement of capital and open investment, and for this purpose the Minister shall have the (a) to identify and inquire into any entrenched rights in the constitution of such public utility 20 (b) unless satisfied that any entrenched rights identify under paragraph (a) of this subsection, (i) are justified that any overriding requirement of public policy or public security; and (ii) the use of that entrenched right is necessary in order to meet the objectives of that overriding requirement, to declare the entrenched rights to be unlawful and of no effect and to enquire into and confirm all matters relating to the constitution of a public utility provider arising out of such declaration, including but without limitation matters arising out of the Memorandum of Association, Article of Association, byelaws, charter or other instrument.

Amended by: 30 of 2005

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Public Utilities Commission, Section 22A (Cap. 223) · Belize Law