Vesting of Crown and other rights

Nothing in this Act shall affect or be deemed to affect the rights of the Government, its heirs and successors, or of any body politic or corporate or of any other person, except such as are mentioned or referred to in this Act, and those claiming to, by, through, from or under them. 10 SCHEDULE BELIZE BUSINESS BUREAU ACT Constitution of The Belize Business Bureau [Sections 2, 3, 4 and 6] ARTICLE I Name The name of the organization shall be “The Belize Business Bureau.” ARTICLE II Objectives 1. To promote the continued growth of the productive sector, especially the small and medium enterprise, at all levels by preserving a fair and equal opportunity for its members and entrepreneurs in Belize; the productive sector being defined as those who produce goods and services that are not a part of the public sector, non-government organizations nor social sector. 2. To continue the improvement of the Bureau capacity and ability to serve its members as a self-sustaining, non- profit, non-partisan, non-political and non-social organization. 3. To promote investment in Belize through various mediums, providing linkages for the small and medium enterprise expanding its national and international market. 4. To improve the consultation process between the public and private sectors through the participation of the Bureau’s membership at all levels of activities destined to impact their activities and interests. Belize Business Bureau 11 5. To improve cooperation with international institutions to strengthen and develop Belize’s productivity and competitiveness. 6. To disseminate information on regulations, statutes, and standards affecting the interests of its members. 7. To take action on issues directly or indirectly affecting its members. ARTICLE III Office Holders The Board of Directors shall comprise of the following: President ) Vice President ) OFFICERS Secretary ) Treasurer ) The President, Vice President, Secretary and Treasurer shall be each elected at the Annual General Meeting every two years by a simple majority vote. The Secretary shall inter alia keep the Register of Members of the Bureau, prepare and keep minutes of meetings of the Bureau and of the Management Committee (hereinafter defined) and perform such functions which may from time to time be required. The Treasurer shall keep proper books of accounts with respect to the finances of the Bureau and prepare and present at the Annual General Meeting in each year a Statement of Accounts and Financial Report covering the transactions, 12 Belize Business Bureau receipts and expenditure of the Bureau since the Annual General Meeting in the preceding year. The President shall be Chairperson of all Annual General Meetings and Special Meetings of the Bureau and in his or her absence, the Vice President shall be Chairperson of said meetings or proceedings. No artificial Member shall be entitled to be elected or appointed to be a member of any committee of the Bureau. Nominations shall be made by one member of the general body and seconded by one member of the Management Committee to preserve continuity in the replacement of Officers. ARTICLE IV The Management Committee There shall be a Committee of the Bureau to be known as the Management Committee which shall be responsible for the management of the business of the Bureau between the Annual General Meetings in every year subject to such directions as may be given by the Bureau at any intervening General or Special Meeting. Appointment and Authority The Management Committee shall be comprised of, 1. the President; 2. the Vice President; 3. the Secretary; 4. the Treasurer; and Belize Business Bureau 13 5. three other elected members elected every two years at an Annual General Meeting. All Committee members must be members in good financial standing. These members will hold office for two years and will be eligible to offer themselves to serve again. Any member of the Committee may be removed by a resolution of an Annual General Meeting or Special Meeting that shall proceed to fill the vacancy. The Committee shall elect any member to fill any vacancy caused by death, resignation absence for five consecutive meetings of the committee without an accepted excuse submitted to the Board of Directors in writing prior to the absences. The Management Committee shall meet as often as may be necessary and shall from time to time make rules to govern its own procedures. The Management Committee shall receive, consider and determine applications for membership, and appoint from their own members and the general membership additional committees for special purposes, and delegate to them any of the powers of this committee, except those of electing and suspending members. The Management Committee may reprimand any member whose conduct is considered by a majority vote of the committee to be unethical, derogatory or detrimental to the aims or injurious to the interests of the Bureau and suspend any member who has failed for three months to make his or her annual membership dues. 14 Belize Business Bureau ARTICLE V Meetings General Meeting The Annual General Meeting of the Belize Business Bureau shall be held within the first eight weeks of the first day of January and the second General Meeting shall be held within eight weeks of the first day of June. The Annual General Meeting shall provide the members with its Annual Report. Any motion to be placed before the General Meetings shall be in writing to the Secretary seven days before the meeting. Such resolutions shall be decided by a majority vote of the General Meeting. The election of officers and the management committee members shall be effected at the General Meetings. If the Secretary fails to convene any of the General Meetings within the period herein prescribed; any ten members of the Bureau shall convene such meeting. A General Meeting shall be convened by mailing to members the time and place at least ten days before the said meeting. Special Meetings The President may call Special General Meetings of the Bureau at any time, or upon petition in writing of ten members at least ten days prior to such meetings. Special General Meetings shall be called to consider any matters within the scope of the goals and objectives of the Bureau and to specifically make amendments to the Constitution. In the case of such amendments, twenty-eight days notice in writing shall be given to the members by the Secretary entitled to notices. If less than half the membership Belize Business Bureau 15 were not present for the voting of a Special General Meeting to amend the Constitution, they have thirty days to petition another Special General Meeting to provide a subsequent vote on the amendment. Notices, Agendas, Minutes Written notice of all General Meetings and Special Meetings must be in writing at least ten days in advance. An advance agenda and/or minutes must be prepared for all meetings. Chairperson of Meeting The President shall chair the Meetings. In his or her absence the Vice President shall chair and in their absence the meeting shall elect its own Chairperson. The Chairperson shall have a second or casting vote. Voting Procedures Any matter voted on at a meeting cannot be tabled or voted on at a subsequent meeting unless six months have elapsed. Motions Any member of the Bureau wishing to propose a motion at any meeting on any subject not included in the business up for discussion, shall give notice in writing to the President, setting out the terms of the motion at least seven days prior to the day of the meeting at which it is intended to introduce such motion. Such resolutions shall be decided by a majority vote of the General Meeting. The Annual General Meeting shall fix the value of the annual subscription from time to time. 16 Belize Business Bureau ARTICLE VI Membership Eligibility Any person, association, co-operative, corporation, partnership, estate, service provider and producer whose goals and objectives are compatible with the Bureau shall be eligible for membership. Any member shall inspect the books of accounts within reasonable notice to the Treasurer. This shall be reviewed at the office of the Bureau and shall not be copied for reproduction. Voting In any proceeding in which voting by members is called for, each member is entitled to one vote. Where a group of individuals have joined as part of a group, such organization shall be entitled to group representation, with the organization entitled to one vote.