Grant of the designation as a Qualified Retired Person

(1) The Registrar shall approve the grant of the designation as a Qualified Retired Person if an applicant satisfies the requirements under section 3 of the Act. 10 Retired persons (Incentives) (2) On the approval by the Registrar, the Belize Tourism Board shall grant and issue the designation as a Qualified Retired Person to the applicant and the dependents of the applicant, in the form set out in Schedule 3.