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CAP. 270, INTERNATIONAL BUSINESS COMPANIES ACT

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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.

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