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

Meetings of the Commission

Cap. 272, s. 13 · Revised Edition 2020

(1) The Commission shall meet as often as its business requires, and all meetings shall be convened upon giving members five business days’ notice. (2) The quorum at all meetings of the Commission shall be five members. (3) Decisions of any issue at a meeting of the Commission shall be by majority of the members present and voting. In the event of equality of votes, the person presiding at the meeting shall have a casting vote in addition to his or her original vote. (4) All orders and directions of the Commission arising from its meetings shall be signified under the hand of the Chairperson or the person presiding at that meeting. (5) The Commission shall employ the services of an officer or other member of its staff as secretary and such person shall ensure that proper minutes of the Commission’s meetings are recorded and records of the acts and decisions of the Commission are properly and safely kept.

Amended by: 8 of 2007; 8 of 2007

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