Interpretation

In this Act, unless the context otherwise requires, “Agreement” means the Concession Agreement dated 29th December, 2003, between the Government of Belize, the Belize Airport Concession Company Limited and the Belize Airports Authority including any amendment, modification, replacement or restatement thereof; “Airport” means the Philip Goldson International Airport, Cap. 238; “Authority” means the Belize Airports Authority established under the Belize Airports Authority Act; “Developer” means the Belize Airport Concession Company Limited, a company incorporated under the laws of Belize, and its successors and permitted assigns; “Management Agreement” means the Management Agreement dated 29th December, 2003, between the Belize Airport Concession Company Limited and the Belize Airport Management Services Limited including any amendment, modification, replacement or restatement thereof; Philip S.W. Goldson International Airport Development Project 5 “Manager” means the Belize Airport Management Services Limited, a company incorporated under the laws of Belize, and its successors and permitted assigns; “Minister” means the Minister responsible for investment; “Project” means all the development and infrastructure works described in, contemplated by, and done pursuant to, the Agreement including but not limited to, (a) the extension of the runway of the Airport; (b) the expansion of the Airport apron; (c) the construction and maintenance of road- works associated with the Project; (d) the reconfiguration of and expansion to the passenger terminal building at the Airport; (e) the improvements to the Airport’s cargo facility; (j) the purchase of Airport equipment; (g) the development of infrastructure works described as Phases “la” and “lb”, in the Agreement. and all other work related to the Airport, including the operation and management of the Airport during the period of the Agreement.