← belizelaw.ai · International Foundations, Cap. 24:02 · PART VIII — Foundation Endowment, Accounts and Records
Foreign offences
Cap. 24:02, s. 81 · Revised Edition 2020
Subject to the provisions of any valid treaty or convention between the Government of Belize and any other jurisdiction having the force of law in Belize, no civil proceedings may be commenced nor any claim or cause of action recognised by the Court–
(a) which seeks to establish a right to a foundation endowment, or the transfer, encumbrance or restraint of any part of a foundation endowment based upon any foreign law, rule or regulation, relating to any fiscal offence;
International Foundations [CAP. 24:02 63
(b) which seeks to establish a right to a foundation endowment, or the transfer, encumbrance or restraint of any part of a foundation endowment based upon any foreign law, rule or regulation requiring the forfeiture of a foundation endowment as the instrumentality or the proceeds of a serious crime, prior to the conviction of a person or entity for the commission of the serious crime; or
(c) which is brought exclusively against any part of a foundation endowment, whether in rem or otherwise.
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