← belizelaw.ai · Fiscal Incentives, Cap. 54 · PART II — Application, Grant, Conditions etc., of Fiscal Incentives
Conditions for making an order
Cap. 54, s. 4 · Revised Edition 2020
(1) If the Minister is satisfied that–
(a) a company has been incorporated in Belize which will establish or conduct the enterprise in respect of which an application has been made under section 3;
(b) the enterprise will be beneficial to the economy of Belize; and
(c) it is expedient in the public interest to do so,
he may by order declare the enterprise to be an approved
(2) Before making an order, the Minister shall–
(a) cause a notice to be published in two issues of a newspaper circulating in Belize at an interval of not less than one week between each issue and in one issue of the Gazette, containing sufficient relating to the enterprise, and inviting any person who objects to the making of such an order to give notice of his intention to object within the period specified in the notice, and thereafter to submit in writing his objections and the supporting evidence within fourteen days of his notice of objection to the Executive Chairperson of BELTRAIDE;
(b) consider any objections received pursuant to the notice.
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(3) Such order shall set out the conditions subject to which it has been made.
(4) Repealed.
Amended by: 3 of 2000; 26 of 2019
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