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Section 12: Registration

Investment Promotion Act · PART III: REGISTRATION WITH BOARD OF INVESTMENT

This section is inserted by Finance Act 2016, section 29.

consolidated text (as at 2017). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

12. Registration (ii) in subsection (1C) – (A) by repealing paragraph (b); (B) by adding the following new paragraph – (d) Any investor who wishes to operate – (i) a private hospital under the Private Health Institutions Act; (ii) a nursing home under the Private Health Institutions Act; or (iii) a residential care home under the Residential Care Homes Act, shall register with the Board of Investment. (d) in section 18F, by adding the following new subsections, the existing provision being numbered as subsection (1) – (2) A recommendation under subsection (1) may include a request to the Managing Director to register an applicant or issue, on behalf of a public sector agency, a relevant permit, licence, authorisation or clearance to an applicant. Acts 2016 247 (3) Where the Managing Director receives a request under subsection (2), he shall register the applicant or issue the relevant permit, licence, authorisation or clearance to the applicant. (e) by inserting, after Part IVA, the following new Part – PART IVB – REGULATORY SANDBOX LICENCE

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