Micro Business Companies (Amendment of Schedule 1) Order, 2018

1
VIRGIN ISLANDS
MICRO BUSINESS COMPANIES ACT (AMENDMENT OF
SCHEDULE 1) ORDER, 2018
ARRANGEMENT OF SECTIONS
Section
1... Citation.
2... Schedule 1 amended.

2
VIRGIN ISLANDS
STATUTORY INSTRUMENT 2018 NO. 24 MICRO BUSINESS COMPANIES ACT, 2017 (No. 26 of 2017) Micro Business Companies (Amendment of Schedule 1) Order, 2018 [Gazetted 4 th June, 2018] The Cabinet, on the advice of the Financial Services Commission and, in exercise of the powers conferred on it by section 124(1) of the Micro Business Companies Act, 2017 (No. 26 of 2017), makes the following Order:

1. This Order may be cited as the Micro Business Companies
   (Amendment of Schedule 1) Order, 2018.
2. Schedule 1 of the Micro Business Companies Act, 2017 is
   amended in Part I
   (a) in column 3 in relation to section 5(1), by replacing the words “140” with the words “100”; and (b) in column 3 in relation to section 113(2), by replacing the words “140” with the words “100”. Made by Cabinet this 4 th day of June, 2018. (Sgd.) Sandra Ward, Cabinet Secretary. Citation.
   Schedule 1
   amended.