Tourism and Business (Special Incentives) Act No. 22 of 2013

4. Application for Special incentives (1) Notwithstanding section 16 of the Investment Authority Act, a qualifying investor who desires to develop or operate a Project shall make an application for special incentives to the Executive Director, in relation to the Project. (2) An application shall be made in the form provided for in Schedule II and shall be accompanied by the prescribed application fee.

5. The Role of the Executive Director in processing applications (1) The Executive Director shall ensure that due diligence is undertaken and may request from a qualifying investor, clarification and further information, in respect of an application made. (2) Where the Executive Director makes a request for clarification and further information pursuant to subsection (1), the qualifying investor shall submit the relevant information to his staff THE TOURISM AND BUSINESS (SPECIAL INCENTIVES) ACT, 2013 for processing, within fourteen days of receipt of the request or within such time as may be speci- fied by the Executive Director. No. 22 of 2013 (3) An application is deemed to be received when the clarification or additional information [ Published in the Official Gazette Vol. XXXIV No. 26 requested under subsection (2) is submitted to the Executive Director, who shall then submit such dated 17th April, 2014. ] an application to the Board.

6. Fast tracking of the Grant of Special incentives and preparation of Investment Agree- ment (1) The Board shall, within ten days of receipt of an application submitted pursuant to sections 4 and 5, submit a recommendation for an approval or refusal of an application to the Cabinet. (2) Within ten days of receipt of an approval for the granting of special incentives from the Cabinet in relation to an application made pursuant to sections 3(2), 4 and 5, the Executive Direc- tor shall prepare an Investment Agreement between the Government and the qualifying investor, providing for the special incentives granted to the qualifying investor and subject to the provisions hereof of the terms and conditions to which the special incentives shall be subject. (3) An Investment Agreement under subsection (2) shall entitle the qualifying investor to re- ceive, on behalf of this Project, the special incentives specified in the Investment Agreement, ————— subject to the provisions of this Act. Printed at the Government Printing Office, Antigua and Barbuda, by Ralph George, Government Printer (4) The Cabinet may, in addition to the special incentives which it grants in relation to a Project, — by Authority, 2014. direct that such other incentives and conditions, as it may deem necessary, be specified in the Investment Agreement. 600—04.14 [ Price $ 9.25 ] The Tourism and Business (Special Incentives) Act, 2013. 2 No. 22 of 2013 No. 22 of 2013 7 The Tourism and Business (Special Incentives) Act, 2013. “tourism related project” includes a restaurant, the provision of tourist recreational facili- ties and equipment to provide tourist recreational services; “upscale residential complex” means a group of luxury homes developed in accordance with a master plan and offers a wide range of recreational facilities; “villa resort” means a cluster of dwelling units available for rent by holiday makers with supporting leisure facilities. PART II APPLICATION PROCEDURE AND INCENTIVES AGREEMENT

3. Functions of the Executive Director and his staff (1) Subject to subsection (2), the Executive Director shall receive all applications made under this Act and the Executive Director shall submit all complete applications to the Board, for a recommendation to be made for the grant or refusal of special incentives. (2) An application which involves an investment of a sum that exceeds $100,000,000.00, which is found to be complete and in accordance with the requirements set out in section 5(1) and (2) by the Executive Director, shall be sent directly to the Cabinet by the Executive Director for the grant or refusal of special incentives. (3) The staff of the Investment Authority shall be responsible for assisting the Executive Director in carrying out his functions under this Act by— (a) assisting qualifying investors in obtaining all necessary licences and required permits in relation to an application made under this Act; (b) being the focal point body for addressing any technical concerns and providing any other assistance which may be necessary to ensure that the processes and procedures to be followed in relation to this Act are carried out in an efficient and expeditious manner; and (c) processing applications made to the Authority and providing technical assistance to the Executive Director as necessary. (4) The staff referred to in subsection (3) shall be technical members of staff of the Authority, suitably qualified and experienced in finance, tourism and building construction for the efficient carrying out of the processing of applications under the supervision of the Executive Director. The Tourism and Buisness (Special Incentives) Act, 2013. 6 No. 22 of 2013 No. 22 of 2013 3 The Tourism and Buisness (Special Incentives) Act, 2013. “business activity” means a business activity which falls under a business industry set out in THE TOURISM AND BUSINESS (SPECIAL INCENTIVES) ACT, 2013 Schedule I ; ARRANGEMENT “Condominium” has the meaning assigned to it in the Registration of Condominium Titles Act, Cap. 376; Sections PART I “Executive Director” means the Executive Director of the Authority appointed under section PRELIMINARY 8 of the Investment Authority Act;

1. Short title “Guest house” means a building containing not less than five bedrooms, but no more than ten bedrooms and may also contain- 2. Interpretation (a) one or more kitchens in which meals may be prepared by the operator of the guest PART II house for the guests; and APPLICATION PROCEDURE AND INCENTIVES AGREEMENT (b) one or more dining rooms shared in common by all of the guests; 3. Functions of the Executive Director and his staff

4. Application for special incentives “hotel” includes any building or group of buildings (occupied together) for the accommoda- tion for reward of guests and the curtilage thereof and all structures within such curtilage 5. The Role of the Executive Director in processing applications containing or intended to contain when completed not less than ten bedrooms; 6. Granting of special incentives and preparation of Investment Agreement

7. Conditions of Investment Agreement “Investment Authority Act” means the Investment Authority Act No.15 of 2006; PART III “Minister” means the Minister responsible for Finance; MONITORING AND INSPECTION “Project” means a tourism development project, a tourism related project, or a business 8. Monitoring and inspection activity;

9. Sale or transfer of tourism development project or tourism related project “qualifying investor” means a natural or legal person who makes a lawful direct investment in Antigua and Barbuda involving a commitment of capital expenditure of an amount specified PART IV in Schedule IV; GUARANTEES

10. Transfer of capital profits “special incentives” means the incentives granted by the Cabinet, in accordance with the 11. Settlement of disputes provisions of this Act, as set out in Schedule IV; PART V MISCELLANEOUS “tourism development project” includes-

12. Offence of unauthorised disclosure of a document (a) the construction or extension of a hotel, guest house, a villa resort, a condominium or an upscale residential complex; 13. Service of documents

14. Regulations (b) conversion of an existing building by reconstruction or renovation into a hotel, a 15. Amendment of Schedules guesthouse, a villa resort, a condominium or an upscale residential complex of a least

16. Duration of Act five bedroom; The Tourism and Business (Special Incentives) Act, 2013. 4 No. 22 of 2013 No. 22 of 2013 5 The Tourism and Business (Special Incentives) Act, 2013. SCHEDULES [ L.S.] Schedule I Schedule II Schedule III Schedule IV I Assent, Louise Lake-Tack, Governor-General. 19th March, 2014. ANTIGUA AND BARBUDA THE TOURISM AND BUSINESS (SPECIAL INCENTIVES) ACT, 2013 No. 22 of 2013 AN ACT to provide special incentives in the areas of the Tourism industry and other specified business activities, where applications are sent through the Antigua and Barbuda Investment Author- ity for a limited time period and other related matters. ENACTED by the Parliament of Antigua and Barbuda as follows— PART 1 PRELIMINARY PROVISIONS

1. Short title This Act may be cited as the Tourism and Business (Special Incentives) Act, 2013.

2. Interpretation. In this Act— “Authority” means the Investment Authority established under the Investment Authority Act; “Board” means the Board of Management of the Authority established under section 6 of the Investment Authority Act; “application” means an application for special incentives made pursuant to section 4; The Tourism and Buisness (Special Incentives) Act, 2013. 16 No. 22 of 2013 No. 22 of 2013 9 The Tourism and Buisness (Special Incentives) Act, 2013. Surname __________________________________________________ (5) Where an application is refused under subsection (1), an applicant shall be informed by the Executive Director, in writing, of such refusal. First Name _______________________Business Percentage __________

7. Conditions of Investment Agreement Telephone _____________________Facsimile __________________________ (1) An Investment Agreement shall, in addition to other matters, specify the following— Email Address ________________________________________________________ (a) the special incentives that the applicant is eligible to receive in relation to a Project; Primary Nationality __________________Secondary Nationality___________________ (b) the commencement and termination dates in relation to the special incentives granted; Investor 3 (c) the time frames for commencement and completion of a Project; Surname ________________________________________________________ (d) the condition that the special incentives granted for the importation of building mate- First Name _____________________Business Percentage _________________ rials and articles of equipment, which will take effect subject to the approval of— Telephone _____________________ Facsimile __________________________ (i) the Town and Country Planner of the designs of a Project; or (ii) the Director of Public Works of the specification, quality and quantity of build- Email Address ____________________________________________________ ing materials and articles of equipment for a Project; and Primary Nationality ___________________Secondary Nationality __________________ (e) the condition that Antiguan and Barbudan nationals are employed as far as it is practi- cable, in all positions within a Project, save and except where a suitably qualified na- *Please include a photocopy of your passport to verify these details. If you have more than one tional is not available, and that once employed, such a national receives the training that passport, please also provide copies of them. The national insurance and Tax Compliance certifi- is necessary, to the level commensurate with the position which they hold, so as to cate must also be attached. enable them to achieve upward mobility within a Project; ^If the shareholder is a company, attach full particulars, including: name, registered address, details (f) any other conditions as directed by the Cabinet, pursuant to section 6 (4). of shareholders and directors, and the total percentage of shareholding by non-residents of Antigua and Barbuda. (2) An Investment Agreement shall be signed on behalf of the Government by the Minister and the Minister shall lay before the Parliament a copy of every Investment Agreement executed under

4. Relevant Businesses this Act within sixty days after its execution. Does the applicant have other business (es) beyond Antigua and Barbuda that are relevant to this application?

8. Monitoring and inspection Yes No (1) The Executive Director shall be responsible for monitoring, inspecting and enforcing the terms and conditions of the Investment Agreement in accordance with his duties under section 8 of If "Yes" please provide a brief explanation: the Investment Authority Act. (2) For the purposes of subsection (1), an authorised member of staff may enter and inspect the premises of a Project, at any reasonable time, for the purposes of this section and may request such documents or such other information as he may deem necessary to assist him in carrying out his functions under this section. The Tourism and Business (Special Incentives) Act, 2013. 10 No. 22 of 2013 No. 22 of 2013 15 The Tourism and Business (Special Incentives) Act, 2013. (3) A person who is required to grant entry or provide information pursuant to subsection (2) and Incomplete Application forms will be returned. fails to do so in good faith or obstructs an authorised member of staff of the Authority in the performance of his duties, commits an offence and is liable on summary conviction to a fine not exceeding five thousand dollars or to a term of imprisonment not exceeding three months. SECTION 1 GENERAL (4) For the purpose of this section, an “authorised member of staff” means a member of the staff 1. Proposed Project of the Authority who is authorised to carry out the duties of monitoring and inspection, delegated Please briefly describe the proposed project by the Executive Director pursuant to subsection (1).

9. Sale or transfer of tourism development project or tourism related project The incentives granted under the provisions of this Act shall not be transferrable to any new owner * A detailed strategic or business Plan and financial projections for 3 years must be attached to this or lessee of a Project without the prior approval of the Cabinet. application. PART III

2. Business Details GUARANTEES Business Name __________________________________________________

10. Transfer of capital profits Contact Person __________________________________________________ (1) Subject to any laws relating to taxation and exchange control, a qualifying investor shall be allowed to repatriate all capital and profits, relating to his Project, including but not limited to— Address ___________________________________________________ (a) net profits or dividends; Telephone ___________________Facsimile ____________________ (b) payments in respect of loan servicing where an international loan has been obtained; Email Address ___________________________________________________ (c) the proceeds in the event of sale or liquidation of the Project or any interest attribut- 3. Investor Detail (s)*^ able to the tourism development project or the tourism related project; or Investor 1 (d) payments of emoluments and other benefits to foreign personnel employed in Antigua and Barbuda in connection with the Project. Surname __________________________________________________ (2) Notwithstanding the provisions of subsection (1), a qualifying investor may, in the following First Name ___________________Business Percentage_________ circumstances, be temporarily prevented from repatriating monies relating to this Project- Telephone ____________________ Facsimile __________________ (a) where the Project is bankrupt, insolvent or it is deemed necessary to protect the rights of stakeholders or creditors; Email Address ___________________________________________________ (b) where criminal charges against a the qualifying investor in relation to his Project are pending before the courts; or Primary Nationality _________________Secondary Nationality _____________ (c) to ensure that the qualifying investor complies with orders or judgments in legal pro- ceedings. Investor 2 The Tourism and Buisness (Special Incentives) Act, 2013. 14 No. 22 of 2013 No. 22 of 2013 11 The Tourism and Buisness (Special Incentives) Act, 2013. • Art and handicraft. (3) Cabinet may, as a condition of an Investment Agreement, waive the payment of the applicable control duties or taxes in respect of the repatriation of monies. • Festivals and carnivals. • Mass performers and designers. 11. Settlement of disputes • Performing arts- Theatrical productions. (1) Where a dispute arises in relation to a matter under this Act, all efforts shall be made to settle the dispute through amicable negotiations. Energy Any business activity that involves research and experimental development services and engineering, (2) Where a dispute is not settled in the manner provided for under subsection (1) the dispute research and experimental development services on Social Services and humanities, and inter may be submitted to arbitration in accordance with any of the following methods as may be mutu- disciplinary research and experimental development services. ally agreed by the parties— (a) in accordance with the laws on arbitration of Antigua and Barbuda; or SCHEDULE II Section 4 (b) within the framework of any bilateral or multilateral agreement on investment protec- ANTIGUA AND BARBUDA tion agreed to by the Government of Antigua and Barbuda and the Government of the country from which the qualifying investor originates. APPLICATION FOR SPECIAL INCENTIVES PART IV This application form must be accompanied with the prescribed fee. This fee must be payable in cash to the staff of the Authority who deal with Special Incentives of the Authority. MISCELLANEOUS This fee is not refundable

12. Offence of unauthorised disclosure of a document (1) A person shall not, in the course of his official duties in the administration of this Act, Please submit the completed application form to: communicate any document or information under his possession or control to any person not au- thorized by law to have such document or information. [Address of Authority) (2) A person who contravenes the provisions of subsection (1) commits an offence, and is liable on summary conviction to a fine not exceeding ten thousand dollars or to a term of imprisonment not exceeding one year.

13. Service of documents (1) A document may be served on the Executive Director by delivering it or by sending it by registered post addressed to the Executive Director at the Authority. (2) A document may be served on a qualifying investor by delivering it his last known address.

14. Regulations The Minister may make regulations to give effect to the provisions of this Act. The Tourism and Business (Special Incentives) Act, 2013. 12 No. 22 of 2013 No. 22 of 2013 13 The Tourism and Business (Special Incentives) Act, 2013.

15. Amendment of Schedules related to the installation of computer hardware; software development & implementation, data base and/or data claims processing, order fulfillment, telephone and direct mail sales, computer The Minister may by Order, amend the Schedules. aided design geographic information, electronic publishing, voice center operations, remote secretarial services, customer and technical support services, indexing and abstracting services,

16. Duration of Act research and technical writing services. (1) This Act shall continue in force for a period of two years from the date of commencement Financial Services and shall then expire unless its duration is extended by resolution of Parliament. Any business activity that involves the creation, management and investment of wealth for a regional or international clientele, and is licensed by the Antigua and Barbuda Financial Services Regulatory (2) A resolution under subsection (1) shall specify the period for which duration of this Act is Commission. Qualifying investments include; International Business Companies, Trusts extended. Companies, Insurance Companies and Banks. Any business activity that involves the imparting of knowledge and skills, for a regional or SCHEDULE I Section 2 international clientele, and is licensed by the Ministry of Education. Such business activity includes; schools, colleges, universities, technical and vocational institutions, etc. SPECIFIED BUSINESS ACTIVITIES Manufacturing Health & Wellness Any business activity that involves the physical or chemical transformation of material or Any business activity that provides medical and wellness services to regional or international components into new products or, the industrial processing of raw material and intermediate clientele, and is certified by the Ministry of Health. Qualifying investments include the following; products derived from the agricultural sector and is licensed by the Bureau of Standards. health clubs, gyms, spas, retirement homes, rehabilitation centers, hospitals, health clinics, medical facilities and veterinary institutions. Agriculture, Fisheries & Agri-Business Creative Industry Any business activity that enhances contribution of jobs, income and foreign exchange of the Any business activities involving the use of creative talents for the creation of wealth, foreign agriculture sector to the national economy, and is certified by the Ministry of Agriculture. exchange earnings and employment. Qualifying activities include the following: Includes the following: • Production of Films and Film strips. • Videos and sound recordings. • the cultivation of plants for their aromatic, savory or medicinal properties. • the cultivation & harvesting of fish. • Digital media productions. • the cultivation of flowers, fruits, vegetables and ornamental plants in a garden, orchard of • The publishing of books, textbooks, atlases and maps, brochures, pamphlets, musical works, nursery. newspapers, trade journals, comics, engravings and postcards, forms, posters, reproduction • the cultivation of aquatic animals and plants in a natural or controlled marine or fresh of art, magazines, periodicals, journals, maps, atlases, posters, playing cards, catalogues, water environment albums, diaries, business forms etc. • the cultivation of plants in liquid nutrient. • the breeding, feeding and rearing of domestic animals. • Photography. • Forestry and Mining. • Musical recording productions. ICT • Magazine publishing. Any business activity that enhances foreign exchange earnings or savings through the use of information and communication technology. Qualifying activities include Consultancy services • Television productions. The Tourism and Buisness (Special Incentives) Act, 2013. 24 No. 22 of 2013 No. 22 of 2013 17 The Tourism and Buisness (Special Incentives) Act, 2013. SCHEDULE IV Section 2 5. Form of Intended Business Please select the intended form of your business Exemption / Reduction of Exemption on Income Tax Stamp Duty on Reduction Local Company limited by shares Capital Loss Carried Property Land Transfers Customs Withholding Investment Fwd Tax and Company limited by shares Duties & Years Tax Non-Citizen XCD Taxes (Years) Years Reduction Partnership Licenses Sole Proprietorship Overseas Company Up to NO SPECIAL $1,000,000 INCENTIVES Other (Please specify)

6. Implementation Schedule $1,000,001- Please provide a brief description of the project's implementation schedule: $10,000,000 6 3 6 25% 25% $10,000,001- $25,000,000 12 4 12 35% 35% A detailed Implementation Schedule must be attached to this application.

7. Permits Required Waiver Number Required Details of $25,000,001- Import $75,000,000 15 5 15 50% 50% Resident Permit ___________ _____________________ duty, Work Permit ___________ _____________________ ABST & RRC on all capital * Please provide a Police Clearance from your state of origin. items SECTION 2 COMPANY & FINANCIAL STRUCTURE Questions 8 and 9 in this section are only applicable to companies

8. Directors $75,000,001 - 20 7 20 75% 75% $100,000,000 Full name Country of Nationality Qualifications Residence/ Domicile _________________ ______________ ______________ ______________ Over _________________ ______________ ______________ ______________ $100,000,000 25 7 25 waive waive _________________ ______________ ______________ _____________ _________________ ______________ ______________ ______________ The Tourism and Business (Special Incentives) Act, 2013. 18 No. 22 of 2013 No. 22 of 2013 23 The Tourism and Business (Special Incentives) Act, 2013.

9. Financial Structure* - Concessionary status Total authorised capital __________ - Project Implementation Schedule (proposed construction and/or the proposed/or actual date open or to be opened to business) Local Foreign c. Requirements Issued Capital — Licences Paid up equity —Permits i. Cash ___________ ___________ — Incentives ii. In kind ___________ ___________

4. Proposed Direction *Evidence of investment funds in the form of a commitment letter from the funding bank stating; a. State special incentives which should be recommended: the purpose of the loan, the amount of the funds approved, the terms and drawn down schedule and/ b. If the special incentives may be granted, state whether the granting of the same will have or banker's verification of equity capital. a major, minor or no impact on government policy: Loan Capital 5. Benefits and Adverse Consequences i. Source _______ _______ ii. Term _______ _______ a. State the economic, social and environmental benefits to be derived if the special incen iii.Rate of interest/Repayment arrangement _______ _______ tives are granted: iv. Shareholder's advance _______ _______ b. State any negative economic, social and environmental impacts on the economy, if the

10. Investment Costs* application was refused: Local Overseas Total

6. Alternatives Considered Land and buildings _______ _________ ________ State any alternative which may be granted to the qualifying investor and the reasons why Plant and equipment _______ _________ ________ the alternative is being recommended and likely impact of the alternative approach: Vehicles and Furniture _______ _________ ________

7. Assumptions Engineering and installation costs _______ _________ ________ Other _______ _________ ________ State any assumptions that have to be made in recommending the grant of special incen Working capital _______ _________ ________ tives: Total Investment Costs

8. Related Concerns *A complete cash flow/profitability projection for three years must be attached to this application. State any concerns which could result, if the special incentives are granted:

11. Estimates Annual Turnover 9. Financial Implications Year 1 Year 2 Year 3 Average State the financial implication for government revenue within the current year, the next ` year or at full maturity: Export earnings _______ ________ ________ _______ Domestic sales _______ ________ ________ _______ 10. Consultation Record State whether the relevant government agencies/ministries were consulted: The Tourism and Buisness (Special Incentives) Act, 2013. 22 No. 22 of 2013 No. 22 of 2013 19 The Tourism and Buisness (Special Incentives) Act, 2013. Attach an Environmental Impact Assessment 12. Employment (numbers)* Complete disclosure of any convictions, liquidations and bankruptcies Year 1 Year 2 Year 3 Average Signed Statutory Declaration Management _______ ________ ________ _______ If the shareholder is a company, attach full particulars, including; name, registered address, Skilled _______ ________ ________ _______ details of shareholders and directors, and the total percentage of shareholding by non-resi- Non-skilled _______ ________ ________ _______ dents of Antigua and Barbuda. * Do not include investors L=Local, F=Foreign

SCHEDULE III Section 6 13. Work Permit Requirement*^ RECOMMENDATION No. Position Description of Skills Starting Date 1. Title (The name of applicant) (dd/mm/yy) _____ __________ ______________________ _____________ 2. Key Issue (Whether application in relation to the Project has been approved or refused _____ __________ ______________________ _____________ _____ __________ ______________________ _____________ 3. Background _____ __________ ______________________ ____________ _____ __________ ______________________ ____________ a The qualifying investor (description of the applicant) (submit copy of application ) ^ Where work permits are required, please attach full details of the position, reasons why, and when — Legal status (incorporation, registration, operation) the position(s) are expected to be filled. —Character of qualifying investor 14. Capital Goods to be Imported —Business and credit history of qualifying investor Description Value (t) —Qualification and/or access to management and technical expertise to undertake the ___________________________________________________________________ project ___________________________________________________________________ ___________________________________________________________________ b. ` Description of the tourism development project or [tourism related project} (descrip- ___________________________________________________________________ tion of the business) ___________________________________________________________________ Total ___________ —Nature of project activity — Location 15. Raw Materials to be used* Type Description — Products/ services (product or services produced or to be produced ________________ __________________________________________________ ________________ __________________________________________________ —Production/Marketing market and /or target market) ________________ __________________________________________________ ________________ __________________________________________________ —Employment (number of persons employed and/or to be employed) ________________ __________________________________________________ —Cost and Financing (actual capital expenditure, source and origin of funds) " Indicate where hazardous The Tourism and Buisness (Special Incentives) Act, 2013. 20 No. 22 of 2013 No. 22 of 2013 21 The Tourism and Buisness (Special Incentives) Act, 2013. SECTION 3 LAND USE PLANNING 20. Local Banker(s) 16. Land Lease Bank Name _________________________________________________________________ Have you purchased or secured your land lease? Address _________________________________________________________________ Yes No Bank Name _________________________________________________________________ Address _________________________________________________________________ If "No" and you would like assistance from the Authority, please describe what help you need: 21. Liquidation, Bankruptcy and Prior Convictions (if Applicable) 17. Environmental Impact* Please describe the environmental impact of your Project on the surrounding lands (if any) If the proposed owners, directors, or managers of the company have had a prior conviction, (including tax-fraud), been financially liquidated or declared bankrupt in any country within the past 5 years, you must disclose full details as per the Statutory Declaration. *Please attach an Environmental Impact Assessment if appropriate Each applicant must sign a separate Statutory Declaration stating whether or not he has been *Certification of approval by an Investor for a new Investment convicted of any serious offence. If yes, he is required to provide full details of such offence(s) and conviction(s). SECTION 4 MANAGEMENT, CONTROL & CO-ORDINATION Please provide brief details here and attach a complete disclosure to this application: 18. Management Would the tourism development project or the {tourism related project} be managed by some 22. Check List one other than the owner or investor? ? Yes ? No Have you attached the following? If "yes" please complete the following: The relevant application fee-payable by cash Manager's Name ________________________________________________________ Copy of all passport(s) held by investors Telephone _____________________Facsimile________________________________ Full details and evidence of the financial level of investment and 19. Auditor Other details relating to the proposed investment Has an external auditor/accountant been appointed? Attach Copy to Authority Business Name or Certificate of Incorporation of Company Yes No Copy of police clearance If "yes" please complete the following Bank reference or proof of investment related assets of { } Million or more Business Name _________________________________________________________ Telephone _____________________ Facsimile ______________________________ A complete cash flow/profitability projection for three years Address _____________________________________________________________ Attach full employment details where work permits are required The Tourism and Buisness (Special Incentives) Act, 2013. 25 No. 22 of 2013 Passed by the House of Representatives Passed by the Senate on the 30th day of on the 19th day of December, 2013. December, 2013. D. Gisele Isaac-Arrindell, Hazlyn M. Francis, Speaker. President. Ramona Small, Ramona Small, Clerk to the House of Representatives. Clerk to the Senate. Ramona Small, Ramona Small, Clerk to the Senate. Clerk to the House of Representatives. Hazlyn M. Francis, D. Gisele Isaac-Arrindell, President. Speaker. Passed by the Senate on the 30th day of Passed by the House of Representatives December, 2013. on the 19th day of December, 2013. No. 22 of 2013 25 The Tourism and Buisness (Special Incentives) Act, 2013.