Companies (Winding-up) Rules applied to Belize

(1) Unless and until the Chief Justice shall make general rules under the powers conferred in section 218, the Companies (Winding-up) Rules, 1909, made by the Lord Chancellor under section 237 of the Companies Consolidated Act, and dated 29th March, 1909, are declared to be in force in Belize, and shall be read with and considered as part of this Act. (2) It shall be lawful for the court to construe the said rules with such verbal alterations not affecting the substance as may be deemed expedient to render them applicable to local circumstances and to any matters before the court, provided that any such construction or alteration shall not be inconsistent with this Act. (3) In any proceedings taken in Belize for the winding-up of companies, the decision of the court on the construction to be placed on any of the provisions of the Companies (Winding-up) Rules, 1909, with respect to practice and procedure shall be final, and no action, suit or other legal proceedings or process shall be brought, taken, issued or allowed in Belize against any person in respect of any act or thing done or purporting to be 178 done in pursuance of any order or direction of the court under the aforesaid Rules.