Interpretation

In this Act, unless the context otherwise requires“a Board” means the Board of Directors of the NFZA established under section 4; “Chief Executive Officer” or “CEO” means the Chief Executive Officer of a CFZ; “Commercial Free Zone” or “CFZ” means a geographic area in Belize designated as such by the NFZA or by the Minister under section 6 of this Act; “Commercial Free Zone business” or “CFZ business” means a private or public party which has been granted approval to operate such a business under this Act and any regulations; “Commercial Free Zone developer” or “CFZ developer” means any person or entity, private or public, who has been issued a Certificate of Designation by the NFZA or the Minister under this Act and regulations; “Corozal Free Zone” means the free zone established under Part IV of this Act; 7 “Export Processing Zone” or “EPZ” shall have the meaning assigned to it under the Export Processing Zone Act; CAP. 280. “Minister” means the Minister to whom the responsibility for commercial free zones is for the time being assigned by the Governor-General under section 41 of the Constitution; CAP. 4. “National customs territory” means any area within Belize which is located outside of a CFZ or an EPZ and which is subject to the national customs and excise laws; “National Free Zone Authority” or “NFZA” means the Authority established under section 3 of this Act; “private party” means any individual, partnership, company, corporation, or other entity, domestic or foreign, which is not a government agency or owned in any part by a government agency; “private sector managed zone” means any free zone other than a public sector managed zone; “public party” means any agency or instrumentality of the Government of Belize; “public sector managed zone” means the Corozal Free Zone or any other free zone managed by the Government of Belize or by any agency or instrumentality of the Government of Belize; “public service” means any service which is provided in Belize by the Government of Belize or any of its agencies; “regulations” means regulations made under this Act. 8 Authority (NFZA)