Establishment and constitution of Council

(1) This section establishes a body to be called the Economic Development Council. (2) The Council is to consist of ten members appointed by the Prime Minister including two Co-Chairpersons, being, subject to sub-section (4)– (a) five representatives from the public sector, namely– (i) the Financial Secretary; (ii) the Chief Executive Officer of the Office of the Prime Minister; (iii) the Chief Executive Officer of the Ministry responsible for economic planning; (iv) the Chief Executive Officer of the Ministry responsible for agriculture; (v) the Chief Executive Officer of the Ministry responsible for trade and commerce; and 6 (b) five representatives from the private sector, namely, persons who have experience, individually, in one or more of the following areas, which persons shall be members of, and nominated by, organizations that are validly operating under the laws of Belize, and appear to the Prime Minister to collectively be representative of the following areas– (i) banking and finance; (ii) tourism; (iii) distribution services; (iv) agriculture; (v) exports; (vi) such other sectors of the economy as the Minister may, by Order published in the Gazette, specify for the purposes of this section. (3) The Prime Minister is to appoint one Co-Chairperson from the public sector members and another Co-Chairperson from the private sector members. (4) Notwithstanding the composition of membership under sub-section (2), the Prime Minister, in his discretion, may choose additional representatives from the public and private sector, according to changes in national economic priorities, however the representatives from each sector are to remain equal in number. (5) The Schedule makes further provision in relation to the operations of the Council. Economic Development Council [CAP. 285:02 7