Deposit Insurance Act, 2020
The Deposit Insurance Act, 2020, which was debated in Parliament in late 2019, assented to by the Governor General and
The Deposit Insurance Act, 2020, which was debated in Parliament in late 2019, assented to by the Governor General and
The Hydro Maya Power Project Bill provides for certain exemptions from taxes and duties to be afforded to the producer,
The amendment to section 8 of the Contractor General Act relaxes the constraint that previously prevented a former Contractor General
The Belize City Council (Municipal Paper) Act provides for the issuance of Municipal Paper by the Belize City Council, the
The Motor Vehicles and Road Traffic (Amendment) Regulations, 2019, creates two new permit types for international bus service providers (IBSPs)
The Land Utilization (Lake Independence Special Development Area) Regulations establishes a special development area in the Lake Independence area in
The National Liquefied Petroleum Gas Project Bill (2019) sets out the operating parameters for a public-private partnership agreement that establishes a liquefied petroleum gas (LPG) terminal that, as the Bill’s Section 4 states, “shall have the exclusive right to import wholesale LPG into Belize until the expiration of the term of the Definitive Agreement”.
The SSB (Collections) (Amendment) Regulations, 2019 adjusts the social security rate and the insurable income ceiling as part of the large set of efforts designed to improve the Fund’s sustainability.
The Tax Administration and Procedure Bill 2019 harmonizes, rationalizes, and simplifies the operation of tax administration and procedure in Belize’s tax laws. The Act applies to the taxes collected under the GST Act and the Income and Business Tax Act. The Act establishes a Belize Tax Service, which will be responsible for collection of these taxes. In addition, the Act balances the powers given to the Department with the rights of taxpayers…
The Belize Trade and Investment Development Service (BELTRAIDE) (Amendment) Act, 2019 amends section 9 of the BELTRAIDE Act so as to reduce the number for quorum from seven to five. Consequently, section 9(3) of the aforementioned Act now reads as follows: “A quorum for any meeting of the Board shall be five directors, one of whom shall be a representative of the public sector.”