← belizelaw.ai · International Financial Services, Cap. 272 · PART IV — Administration

Composition of the Commission

Cap. 272, s. 12 · Revised Edition 2020

(1) The Commission shall be composed of the members provided in sub-section (2), who shall be appointed by the Minister for such period and for such terms as may be specified in their instruments of appointment. (2) The members of the Commission will consist of– (a) four members nominated by the Belize International Financial Services Association; (b) the Governor of the Central Bank of Belize or his representative; (c) the Financial Secretary or his representative; and (d) the Director General, who shall be ex officio Deputy Chairperson of the Commission; (e) Director, Financial Intelligence Unit; (f) Solicitor General; (g) Commissioner of Income Tax; (h) the Supervisor of International Insurance appointed pursuant to section 3 of the International Insurance Act. CAP. 269. (3) The Minister shall appoint a Chairperson from among the public sector members of the Commission. (4) The names of all members of the Commission as first constituted, their terms of office and every change in such membership shall be published in the Gazette. (5) Where for any reason the Chairperson is unable to preside at any meeting of the Commission, the Deputy Chairperson shall preside at that meeting.

Amended by: 15 of 2013; 22 of 2000; 8 of 2007; 8 of 2007; 15 of 2013; 4 of 2018; 8 of 2007; 22 of 2000; 22 of 2000; 8 of 2007

Have a question about this section? Ask belizelaw.ai →