Interpretation

In this Act, unless the context otherwise requiresCAP. 250. “Developer” means Stake Bank Enterprise Ltd., a company incorporated under the Companies Act, of the Laws of Belize, with its registered office at 33 New Road, Belize City; “Facility” means the Stake Bank Cruise Docking Facility to be constructed by the Developer; “Minister” means the Minister responsible for Finance; “Project” means all of the development and infrastructure works required for the development, financing, construction, management, operation and use of a cruise ship docking facility near the island of Stake Bank, and the development of Stake Bank for tourism purposes, including the construction of a causeway connecting the docking facility to Belize City; and Stake Bank Cruise Docking Facility Development 5 “Stake Bank Island” means the island called Stake Bank and comprising 16.085 acres and situate about 4 miles off the coast of Belize City, Belize.