BELIZE INTERNATIONAL BUSINESS COMPANIES ACT CHAPTER 270 REVISED EDITION 2003 SHOWING THE SUBSIDIARY LAWS AS AT 31ST OCTOBER, 2003

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BELIZE ACT REVISED EDITION 2003 SHOWING THE SUBSIDIARY LAWS AS AT 31ST OCTOBER, 2003 This is a revised edition of the Subsidiary Laws, prepared by the Law Revision Commissioner under the authority of the Law Revision Act, Chapter 3 of the Substantive Laws of Belize, Revised Edition 2000. ARRANGEMENT OF SUBSIDIARY LAWS

BELIZE ACT REVISED EDITION 2003 SHOWING THE SUBSIDIARY LAWS AS AT 31ST OCTOBER, 2003 This is a revised edition of the Subsidiary Laws, prepared by the Law Revision Commissioner under the authority of the Law Revision Act, Chapter 3 of the Substantive Laws of Belize, Revised Edition 2000. This edition contains a consolidation of the following laws- Page 1. 4-5 (APPOINTMENT OF REGISTRAR) ORDER. 2. 6-8 (APPOINTMENT OF DEPUTY REGISTRAR) ORDER. 3. 9-10 (OFFICE FOR REGISTRATION) ORDER

International Business Companies [CAP. 270 3 4. 11-12 (VARIATION OF FEES) ORDER.

4 CAP. 270] International Business Companies (APPOINTMENT OF REGISTRAR) ORDER ARRANGEMENT OF PARAGRAPHS 1. Short title. 2. Appointment of Registrar. 3. Repeal of S.I. No. 49 of 1990.

International Business Companies [CAP. 270 5 (APPOINTMNET OF REGISTRAR) ORDER [Section 131] 93 of 2000. Ch. 214A. Act 23 of 2000. [16th September, 2000.) ] 1. This Order may be cited as the Short title. (APPOINTMENT OF REGISTRAR) ORDER 2. In exercise of the powers conferred upon me by section 122(l) of the International Business Companies Act, Chapter 214A of the Laws of Belize, Revised Edition 1980-90 (as amended by Act No. 23 of 2000), and all other powers thereunto me enabling, I, RALPH H. FONSECA, Minister responsible for International Financial Services, do hereby appoint the Director General, International Financial Services Commission, ex officio, as the Registrar of International Business Companies. 3. The International Business Companies (Appointment of Registrar) Order, 1990, is hereby repealed. Appointment of Registrar. Repeal of S.I. No. 49 of 1990. MADE this 12th day of September, 2000. (HON. RALPH. H. FONSECA) Minister of Budget Management, Investment and Trade Minister responsible for International Financial Service

6 CAP. 270] International Business Companies (APPOINTMENT OF DEPUTY REGISTRAR) ORDER ARRANGEMENT OF PARAGRAPHS 1. Short title. 2. Appointment of Deputy Registrar.

International Business Companies [CAP. 270 7 (APPOINTMENT OF DEPUTY REGISTRAR) ORDER [Section 131] 153 of 2002. CAP. 270. [21st December, 2002.] 1. This Order may be cited as the Short title. (APPOINTMENT OF DEPUTY REGISTRAR) ORDER. 2. In exercise of the powers conferred upon me by section 131(2) of the International Business Companies Act, and all other powers thereunto me enabling, I, GIAN C. GANDHI, Director-General, International Financial Services Commission and ex-officio Registrar of International Business Companies, do hereby appoint MRS. ESTHER HEGAR as an additional Deputy Registrar of International Business Companies. Appointment of Deputy Registrar. CAP. 270 MADE this 13th day of December, 2002. (GIAN C. GANDHI) Director General International Financial Services Commission and ex-officio Registrar of International Business Companies

8 CAP. 270] International Business Companies APPROVED by the Minister responsible for International Financial Services this 19th day of December, 2002. (HON. RALPH H. FONSECA) Minister of Budget Management Investment and Home Affairs, Minister responsible for International Financial Services

International Business Companies [CAP. 270 9 INTERNATIONAL BUSINESS (OFFICE FOR REGISTRATION) ORDER ARRANGEMENT OF PARAGRAPHS 1. Short title. 2. Office for Registration.

10 84 of 1990. Act 9 of 1990. CAP. 270] International Business Companies (OFFICE FOR REGISTRATION) ORDER [Section 131] [11 th August, 1990.] Short title. 1. This Order may be cited as the (OFFICE FOR REGISTRATION) ORDER. Office for Registration. 2. The office for the registration of International Business Companies under the International Business Companies Act shall be located at Market Square, Belize City. MADE this 9th day of August, 1990. (GLENN D. GODFREY) Attorney General and the Minister responsible for Companies

International Business Companies [CAP. 270 11 (VARIATION OF FEES) ORDER ARRANGEMENT OF PARAGRAPHS 1. Short title. 2. Variation of fees for continuation.

12 2 of 1999. Ch. 214A. Act 14 of 1995. CAP. 270] International Business Companies (VARIATION OF FEES) ORDER [Section 144] [9th January, 1999.) Short title. 1. This Order may be cited as the (VARIATION OF FEES) ORDER Variation of fees for continuation. CAP. 250. 2. The fees prescribed in section 113 (h) and (i) of the Act for submission of articles of continuation are hereby varied as follows:- (h) $25.00 upon the submission to the Registrar of articles of continuation for a company not incorporated under the Companies Act the authorised capital of which does not exceed $50,000.00; CAP. 250. (i) $25.00 upon the submission to the Registrar of articles of continuation for a company not incorporated under the Companies Act the authorised capital of which exceeds $50,000.00; MADE by the Minister responsible for Companies this 30th day of December, 1998. (DICKIE BRADLEY) Attorney General and Minister responsible for Companies