The Non-Citizens (Property Restriction) (Amendment) Bill
Pravind Jugnauth va présenter son projet de loi au vote le 27 avril 2021 lors de la cinquième séance de 2021.
The main object of this Bill is to amend the Non-Citizens (Property Restriction) Act to provide that a foundation, under the Foundations Act, which has a person who is not a citizen of Mauritius as a founder, a beneficial owner, an ultimate beneficial owner or a beneficiary, shall not hold, dispose of, purchase or otherwise acquire property without prior authorisation under the Act.
2. Accordingly, the definition of “acquire”, “hold” or “purchase” is being broadened so asto include the distribution of property to a beneficiary under theFoundations Act.
Mauritius
Pravind-jugnauth
Property-restriction
Foundations-act
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