- This Act may be cited as the Mutual Funds Act.
2.–(1) In this Act, unless the context otherwise requires, “administrator” means a person who,
(a) for valuable consideration provides a mutual fund with administrative services alone or together with accounting services; or
(b) is entitled to provide to mutual funds (by whatever name called) such services as provided in paragraph (a) under the laws of a recognized country or jurisdiction;
“auditor” means a person who is entitled to practice as a public accountant and to perform audits under the laws of Belize or that of a recognized country or jurisdiction;
“Code of Practice” or “Code” means the code of practice prescribed by regulations;