Board of Directors of Corozal CFZ

(1) The affairs of the Corozal Free Zone shall be managed by a Board of Directors consisting of ten persons as follows– (a) one representative of the Ministry responsible for commercial free zones; 16 (b) one representative of the Ministry of Finance; (c) one representative of the Ministry responsible for industry; (d) the Comptroller of or his representative; (e) one representative of the Ministry responsible for labour; (f) four private sector representatives elected every two years from the membership of the Corozal Free Zone Chamber of Commerce; and (g) the Chief Executive Officer of the Corozal Free Zone, who shall have no right of vote. (2) The Minister shall appoint one of the members of the Board to be the Executive Chairperson of the Board of (3) The Board of Directors of the Corozal Free Zone shall have the status of a CFZ developer and shall carry out all the functions appurtenant to the developer of a commercial free zone.