Interpretation in this Part

(1) In this Part, unless the context otherwise requires, “appointed day” means the day appointed by the Minister by Order published in the Gazette as the day on which this Part shall come into force; “leased port” means a port listed in Part B of the Schedule; “lessee company” means a company to whom a lease for the operation and management of a port has been granted under section 107 of this Act; “nominated company” means Port of Belize Ltd. nominated by the Minister by Order in Statutory Instrument No. 58 of 2002 published in the Gazette to take over the operational and management functions of the Authority in respect of a privatised port; “privatised port” means a port listed in Part A of the Schedule; “Schedule” means the Schedule to this Act; “vesting day” means the 18th day of February, 2002, appointed by the Minister of Finance by Order in Statutory Instrument No. 59 of 2002 published in the Gazette, as the day on which such assets of the Authority shall vest in the nominated company as may be specified in the Order. (2) Other terms and expressions used in this Part but not defined herein shall have the meaning assigned to them by section 2 of this Act. (3) The provisions of this Part shall have effect notwithstanding anything to the contrary contained in this Act 64 or any other law and, in particular, where there is a conflict or inconsistency between the provisions of this Part and those of Harbours and Merchant Shipping Act, Cap. 234, the provisions of this Part shall prevail. (4) The Minister may by Order published in the Gazette describe and designate the boundaries of any port.