Duty to publish statement

(1) A financial institution which carries on the business of unit trusts shall publish in a newspaper of general circulation in Belize at least once every six months a statement of its assets and liabilities and a statement of net income. (2) Financial statements of the company and of every unit scheme audited by a qualified accountant registered by the Institute of Chartered Accountants of Belize or any other internationally recognised accounting body shall be published in a newspaper of general circulation in Belize within four months of the close of each financial year of the unit trust and copies of these statements shall be kept at all offices where investments are solicited and shall be made available to current and prospectus investors on demand.