Registration

(1) The Registrar shall maintain a Register of International Foundations containing the following information for each (a) the name of the foundation; (b) the name and address of the registered agent; and (c) the date of registration of the foundation. International Foundations [CAP. 24:02 29 (2) All international foundations shall be registered on the (3) An international foundation that specifies the laws of Belize for any part of its administration shall be registered on (4) An application for entry on the Register of International Foundations shall be made to the Registrar within thirty days of the date on which the foundation charter was executed by the (5) Where the governing law of a foreign foundation is changed to the law of Belize, an application for entry on the Register as an international foundation shall be made to the Registrar within thirty days of the date on which the foreign foundation’s charter is amended to provide for the law of Belize to be the governing law of the foundation. (6) An application for entry on the Register of International Foundations shall be made by the registered agent of the foundation in accordance with Schedule I, and shall be accompanied by the followingSchedule I. (a) the prescribed fee; (b) the name and address of the registered agent; and (c) a certificate from the Belize member of the foundation council in accordance with Schedule II. Schedule II. (7) Upon receipt of the duly completed application, certificate and the prescribed fee, the Registrar shall– (a) enter the information required in sub-section (1) in the of 30 (b) allocate to the foundation a registration number in pursuance of section 110; and (c) issue a Certificate of Establishment to the foundation council stating– (i) the date of of the (ii) the name of the foundation; (iii) the name and address of the registered agent; and (iv) the of the (8) The date of registration of the foundation is the date on which all required documentation and the prescribed fee have been received by the Registrar. (9) A Certificate of Establishment is valid for one year from the date of registration and is renewable in accordance with section 18. (10) A Certificate of Establishment under the hand and seal of the Registrar shall be conclusive evidence of the existence and validity of the foundation and that the foundation is in full compliance with all registration requirements under this Act. (11) If the registered agent fails to submit the application for entry on the Register of International Foundations within the thirty day period, the foundation council may, on application, in accordance with Schedule III and on payment of the prescribed extension fee, request an extension of time to register. The Registrar may extend the period to register for an additional thirty days, if satisfied that there is a good explanation for the delay in applying for registration. Schedule III. International Foundations [CAP. 24:02 31 (12) Where a change occurs relation to any member, protector, beneficiary or a person having been granted a power of attorney by the foundation, notice of such change and the particulars thereof shall be deposited by the registered agent of the foundation with the Registrar, together with the prescribed fee within thirty days of that change and the Registrar shall retain such notice. (13) Where a notice of change and the particulars thereof are deposited with the Registrar in pursuance of sub-section (12), the Registrar shall retain such notice and where such amendment constitutes a change of name of an international foundation, the Registrar shall issue a new Certificate of Establishment indicating the change of name. (14) Any amendment of the foundation charter of a foundation and any change in the particulars specified in section 21(2) shall take effect from the date when the notice of such amendment or change has been filed with the Registrar. (15) All prescribed fees payable under this Act are non- refundable and are not contingent on the approval of any application. (16) Any interested person or the Registrar may apply to the Court for an order to require a foundation to comply with sub- section (12), and the Court may so order and make any further order as it thinks fit.