Acts not applicable

(1) The following Acts shall not apply to a DPA– (a) the Trade Licensing Act; CAP. 66. (b) the Rent Restriction Act; and, CAP. 195. 24 (c) the Land Tax Act, CAP. 58. CAP. 293. (2) The Supplies Control Act shall not apply to a DPA in relation to the importation of raw materials for the production of goods and services that are not for sale in Belize. (3) An approved company shall be eligible to maintain a foreign currency account in a domestic or international bank that is located in Belize. (4) An approved company that is eligible under subsection (3) shall be subject to the Exchange Control Regulation Act, (5) An approved company shall submit a monthly report to the Central Bank of Belize of all– (a) transactions in the foreign currency accounts held by the company; and (b) sales and purchases of the company.