Lighthouse
Part VII: Forms and Reference · Appendix A

Selected Statutory Provisions

Lighthouse on Belize: Trusts, LLCs, and Foundations · ¶ A01 to ¶ A80 · 6 sections

A01

Introduction and Sources

Purpose. This appendix reproduces the statutory provisions on which the analysis in this book most often turns, so that a reader can check a quotation or a cross-reference against the text of the statute. The collection is selective. Each Act should be read in full before advice is given on it, and a current text should be obtained from the Financial Services Commission, the Attorney General's Ministry or the Government Printer.

Sources. The texts are taken from the official revised editions published by authority of the Government of Belize and from the amending Acts as printed by the Government Printer:

  • Trusts Act, Cap. 202 (rev. ed. 2020), and the Trusts (Amendment) Act 2023, No. 40 of 2023 (assented to September 5, 2023);
  • International Limited Liability Companies Act, Cap. 270:01 (rev. ed. 2020), renamed the Limited Liability Companies Act by the International Limited Liability Companies (Amendment) Act 2023, No. 29 of 2023 (assented to July 21, 2023), and further amended by the Limited Liability Companies (Amendment) (No. 2) Act 2023, No. 48 of 2023 (assented to December 13, 2023);
  • International Foundations Act, Cap. 24:02 (rev. ed. 2020), and the International Foundations (Amendment) Act 2023, No. 49 of 2023 (assented to December 13, 2023);
  • Insolvency and Bankruptcy Act 2025, No. 13 of 2025 (the "IBA 2025");
  • Bankruptcy Act, Cap. 244 (rev. ed. 2000), now repealed; and
  • Interpretation Act, Cap. 1 (rev. ed. 2020).

Amendments. Each provision is printed as amended to November 2026. Where an amending Act substituted or inserted words, the amended text is printed, and the editorial note before the provision names the amending Act and section. Repealed words are not reproduced. The editors found no amendment to the provisions reproduced here later than the 2023 amending Acts and the IBA 2025. Under section 41 of the Interpretation Act, an Act that names no commencement date comes into force on assent, which fixes the commencement of the three 2023 amending Acts (see infra ¶ A80.03; see supra ¶ 2410).

Conventions. The texts follow these conventions:

  • Headings are the marginal notes of the revised edition. A heading in square brackets is editorial.
  • Indentation follows the paragraph structure of the printed text.
  • Three spaced points (". . .") mark omitted text, such as definitions not reproduced.
  • An error in the official text is printed as it stands and marked [sic], with an explanation in the editorial note. Errors introduced in extracting the text from the printed page have been corrected against the page.
  • References to the "Supreme Court" are printed as enacted. The court is now styled the High Court (see supra ¶ 230).
  • Each editorial note gives the paragraphs of this book in which the provision is discussed.

Provisions not reproduced. Section 149 of the Law of Property Act, Cap. 190, which section 7(7) of the Trusts Act and section 83(7) of the Foundations Act override, is not reproduced, because an official text was not available to the editors when this appendix was prepared. Its terms are discussed, as quoted in the reported decisions, in chapters 5 and 11 (see supra¶ 580.02, 1160.02). Several related provisions are discussed in the chapters and not reproduced here, among them the record-keeping duties in section 27(7) to (7C) and the disclosure duty in section 30A of the Trusts Act (see supra ¶ 750), the beneficial-ownership provisions inserted in the Limited Liability Companies Act by Act No. 48 of 2023 (see supra ¶ 1460), and sections 84 to 84D of the Foundations Act (see supra ¶ 1990).

Finding a provision. Table A-1 lists each provision with the paragraph of this appendix at which its text appears and the paragraphs of this book in which it is discussed.

Table A-1. Provision finder.

StatuteSectionHeadingText atDiscussed at
Trusts Act2Definition of Trust¶ A10.01¶ 530, 610
Trusts Act4Proper law of Trusts¶ A10.02¶ 1120, 1250
Trusts Act6Maximum duration of a Trust and of Accumulation of Income¶ A10.03¶ 1210
Trusts Act7Validity of a Trust¶ A10.04¶ 1110–1170, 2330
Trusts Act12Protective or Spendthrift Trusts¶ A10.05¶ 830, 840
Trusts Act16The Protector of a Trust¶ A10.06¶ 910, 920
Trusts Act28Duty to supply information and duty of confidentiality¶ A10.07¶ 750, 850
Trusts Act30BDuty to submit attestation report¶ A10.08¶ 750, 2960
Trusts Act59Applications for directions¶ A10.09¶ 790, 2570
Trusts Act64(1)Interpretation in this Part¶ A10.10¶ 650, 1120
Trusts Act65BCompulsory registration of international Trusts¶ A10.11¶ 660, 1120
Trusts Act67Interpretation¶ A10.12¶ 530, 1150, 2330
LLC Act2Interpretation¶ A30.01¶ 1430, 1760
LLC Act33Liability to third parties¶ A30.02¶ 1610, 1620, 1630
LLC Act34Limited liability company as a separate legal entity¶ A30.03¶ 1640, 1650
LLC Act35Limited liability company property¶ A30.04¶ 1660
LLC Act36Rights of judgment creditors of a member¶ A30.05¶ 1710–1730
LLC Act37Fraudulent conveyance¶ A30.06¶ 1740, 2470
LLC Act38Enforcement of judgments¶ A30.07¶ 1750
LLC Act59Involuntary transfers¶ A30.08¶ 1550, 1770
LLC Act65(6)Emergency manager¶ A30.09¶ 1570
LLC Act94Taxes and duties¶ A30.10¶ 1450, 2830
LLC Act96(1)–(2)Confidentiality¶ A30.11¶ 1440, 2520
Foundations Act2(1)Interpretation¶ A50.01¶ 1920, 2140
Foundations Act4Residence of founder and beneficiary¶ A50.02¶ 1940
Foundations Act35Founder¶ A50.03¶ 1980, 2010
Foundations Act49Foreign judgments¶ A50.04¶ 2030, 2170
Foundations Act53Duress¶ A50.05¶ 2030
Foundations Act58Fiduciary duty of protector¶ A50.06¶ 2050
Foundations Act79Anti-alienation¶ A50.07¶ 2110, 2120
Foundations Act82Bankruptcy¶ A50.08¶ 2140
Foundations Act83Fraudulent dispositions within the jurisdiction of Belize¶ A50.09¶ 2150
Foundations Act97Foundation as a separate legal entity¶ A50.10¶ 1930
Foundations Act98Limitation of proceedings¶ A50.11¶ 2160, 2230
Foundations Act101Payment into Court Registry¶ A50.12¶ 2160, 2540
IBA 20258Meaning of “insolvent”¶ A70.01¶ 1150, 2320, 2420
IBA 2025416Interpretation of this Part¶ A70.02¶ 2330, 2450, 2460
IBA 2025418Undervalue transactions¶ A70.03¶ 2450, 2460
IBA 2025421Orders in respect of voidable transactions¶ A70.04¶ 2450, 2460
IBA 2025470Actions to avoid acts detrimental to creditors¶ A70.05¶ 1160, 2460, 2480
Bankruptcy Act (repealed)43Avoidance of voluntary settlements¶ A80.01¶ 1160, 2460
Interpretation Act27Reference to repealed provisions¶ A80.02¶ 2460, 2470
Interpretation Act41Date Act comes into force¶ A80.03¶ 2410, 2810

End of the free overview

The rest of Appendix A is for subscribers.

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The sections that follow

  1. A10 The Trusts Act
  2. A30 The Limited Liability Companies Act
  3. A50 The International Foundations Act
  4. A70 The Insolvency and Bankruptcy Act 2025
  5. A80 Other Statutes

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