Application for a licence

(1) A person who wishes to do so may make an application to the Minister to carry on business in or from within Belize as, (a) manager; (b) administrator; or (c) both manager and administrator of mutual funds. 28 (2) An application shall be accompanied by, (a) the application fee set out in Part II of the Second Schedule or such other amount as may be prescribed by regulations; (b) a statement of financial and human resources and administrative facilities available to the applicant for the competent and efficient conduct of its business; and (c) such other documents or information as the Minister may reasonably require for the purpose of considering the application.