CAP. 270, INTERNATIONAL BUSINESS COMPANIES ACT
CAP. 270, INTERNATIONAL BUSINESS COMPANIES ACT
CAP. 270, INTERNATIONAL BUSINESS COMPANIES ACT
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
International Business Companies [<strong>CAP</strong>. <strong>270</strong><br />
13<br />
CHAPTER <strong>270</strong><br />
<strong>INTERNATIONAL</strong> <strong>BUSINESS</strong> <strong>COMPANIES</strong><br />
[1st May, 1990]<br />
PART I<br />
Short Title and Interpretation<br />
1. This Act may be cited as the International Business Companies Act.<br />
2.-(1) In this Act, unless the context otherwise requires:-<br />
<strong>CAP</strong>. 214A,<br />
R.E. 1980-1990.<br />
9 of 1990.<br />
14 of 1995 1<br />
15 of 1999 2 .<br />
25 of 1999.<br />
23 of 2000.<br />
Short title.<br />
Interpretation.<br />
“Articles” means the Articles of Association of a company incorporated under<br />
this Act;<br />
“authorised capital” of a company means the sum of the aggregate par value of<br />
all shares with par value which the company is authorised by its Memorandum<br />
to issue, plus the amount, if any, stated in its Memorandum as authorised capital<br />
to be represented by shares without par value which the company is authorised<br />
by its Memorandum to issue;<br />
“Belize Offshore Practitioner Association” means a body corporate established<br />
by the Belize Offshore Practitioners Association Act;<br />
14 of 1995.<br />
<strong>CAP</strong>. 273.<br />
“capital” of a company means the sum of the aggregate par value of all outstanding<br />
shares with par value of the company and shares with par value held<br />
by the company as treasury shares plus-<br />
1<br />
Act 14 of 1995 came into force on the 1st day of November, 1995, by virtue of Statutory<br />
Instrument 112 of 1995.<br />
2<br />
Act 15 of 1999 came into force on the 1st day of July, 1999, by virtue of Statutory<br />
Instrument 76 of 1999.<br />
[ ]<br />
THE SUBSTANTIVE LAWS OF BELIZE REVISED EDITION 2000<br />
Printed by the Government Printer,<br />
No. 1 Power Lane,<br />
Belmopan, by the authority of<br />
the Government of Belize.