Interpretation

In this Act, unless the context otherwise requires“annual value” means an amount equal to the rent at which any property might reasonably be expected to let from year to year if the tenant undertook to pay the licence duties (if any) and the landlord undertook to pay the rates and taxes and to bear the costs of repairs, insurance and other expenses (if any) necessary to maintain the property in a state to command that rent; “Board” means a Trade Licensing Board established under section 3; “licence” means a licence granted under this Act; “licence holder” means a person to whom a licence has been granted under this Act; 6 “licensed premises” means any premises in respect of which any person has been granted a licence under this Act; “licensing district” means the limits of each town or city as defined under the Town Councils Act, the Belize City Council Act, or the Belmopan City Council Act; CAP. 87. CAP. 85. CAP. 86. CAP. 85. CAP. 87. CAP. 86. “local Authority” means the Belize City Council established under the Belize City Council Act, or a town council established under the Town Councils Act, or the City of Belmopan established under the Belmopan City Council Act; “Minister” means the Minister for the time being responsible for trade licensing; “owner” means the owner, whether the sole or part owner, or the owner in his own right or a lessee from the Crown; “premises” includes the land, building and appurtenances thereto; “prescribed duty” means the duty payable under this Act; “prescribed returns” means the returns required to be made under this Act; CAP. 87. CAP. 85. CAP. 86. “town” means any town mentioned and described in Schedule to the Town Councils Act, or the Belize City Council Act, or the City of Belmopan established under the Belmopan City Council Act; and Schedule I. “trade” means any business in the course of which any services, goods, wares, merchandise or provisions are sold and includes a business in which services, produce or goods of any sort are exported from Belize and any vocation set out in sections 27 and 31, but shall not include any business set out in Schedule I. 7 Issuance of Licence