The Belize Minister of the Government is empowered to create “Exchange Control Regulations” imposing duties and restrictions in relation to “gold, currency, payments, securities, debts and the import, export, transfer and settlement of property.”[1] The Minister is similarly empowered to exempt any person or group from these same exchange control regulations.[2]
[1] Exchange Control Regulations Act, 2000 Revision, § 3(2).
[2] Id § 4.
Belize Tax Law Thesis 