BRITISH VIRGIN ISLANDS

COMPANY MANAGEMENT ACT, 1990

Arrangement of Sections

1. Short title.

PART I - Preliminary

2. Interpretation.

PART II - Licences

3. Requirement for licence.
4. Application for licence.
5. Fees.
6. Duration of licence.
7. Exemptions from licences.
8. Existing businesses.
9. Notification of change in particulars of licensee.
10. Capitalization of company management companies.
11. Display of licence.
12. Surrender of licence.

PART III - Transferability of Shares and Changes in Directors

13. Shares, etc., not to be issued or transferred without approval.

PART IV - Administration

14. Inspector of Company Managers.
15. Restrictions in use of certain terms.
16. Duties of licensee.
17. Annual returns, etc.
18. Power of search.

PART V - Miscellaneous

19. Power of Inspector to require insurance.
20. Preservation of secrecy.
21. Suspension of licence.
22. Revocation of licence.
23. Offences.
24. Appeals.
25. Immunity.
26. Regulations.
27. Directions.
28. Commencement.