ANNOUNCEMENT 25 Aug 2009
In August 2009, the government of Belize announced altered domestic business conditions for foreign investors.NUMBER OF INTERVENTIONS
1
SOURCE
Belize Telecommunications (Amendment) Act 2009. Available at http://www.nationalassembly.gov.bz/index.php/acts-of-parliament/doc_details/127-act-no-9-of-2009-belize-telecommunications-amendment-act-2009
and also
http://btlemployeestrust.com/wp-content/uploads/2010/07/Belize-Telecommunications-Amendment-Act-2009.pdf
Notice of Arbitration between BCB and the government of Belize
http://www.italaw.com/cases/documents/178
FDI: Treatment and operations, nes
On 25 August 2009 the Government enacted the Belize Telecommunications (Amendment) Act 2009 (the Act), which enables it to acquire compulsorily all such property as the Prime Minister, with the approval of the Minister of Finance, considers necessary to take possession of and assume control over telecommunications in Belize.
AFFECTED SECTORS
AFFECTED PRODUCTS