← belizelaw.ai · International Business Companies, Cap. 270 · PART VI — Protection of Members and Creditors

Rectification of register of beneficial owners

Cap. 270, s. 82C · Revised Edition 2020

(1) If– (a) information that is required to be entered in the register of beneficial owners under section 82A International Business Companies[CAP. 270 75 (1), is omitted therefrom or inaccurately entered therein; or (b) there is unreasonable delay in entering the information in the register of beneficial owners, a beneficial owner of the company, or any person who is aggrieved by the omission, inaccuracy or delay, may apply to the court for an order that the register of beneficial owners be rectified, and the court may either grant or refuse the application, with or without costs to be paid by the applicant, or order the rectification of the register of beneficial owners, and may direct the company to pay all costs of the application and any damages the applicant may have sustained. (2) The court may, in any proceedings under sub-section (1), determine any question relating to the right of a person who is a party to the proceedings to have his name entered in or omitted from the register of beneficial owners, whether the question arises between– (a) two or more members or alleged members; or (b) between members or alleged members and the and generally the court may in the proceedings determine any question that may be necessary or expedient to be determined for the rectification of the register of beneficial owners.

Amended by: 36 of 2017

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