{"kind":"expression","expression":{"expr_id":"766","doc_id":"766","label":"2026 Revision","is_as_enacted":"f","commenced_on":"2026-02-12","superseded_on":null,"valid_from":"2026-02-12","valid_to":null,"is_current":"t","incorporating":"[\"Act 14\/2025 - Trade and Business Licensing (Amendment) Act, 2025 - LG17\/2025\/s1\"]","akn_expr_iri":"\/akn\/ky\/act\/2014\/21\/eng@2026-02-12","akn_envelope":"{\"_canary\": {\"iri\": {\"work\": \"\/akn\/ky\/act\/2014\/21\", \"expression\": \"\/akn\/ky\/act\/2014\/21\/eng@2026-02-12\", \"manifestation\": \"\/akn\/ky\/act\/2014\/21\/eng@2026-02-12.pdf\"}, \"pdf\": {\"md5\": \"1a195b9c1240c1cfa424944b834e642b\", \"path\": \"\/Users\/q\/kyleg-data\/working\/PRINCIPAL\/2014\/2014-0021\/2014-0021_2026 Revision.pdf\", \"pages\": 52, \"filename\": \"2014-0021_2026 Revision.pdf\"}, \"errors\": [], \"extraction\": {\"model\": null, \"stats\": {\"word_count\": 16731, \"paragraph_count\": 43, \"text_char_count\": 103483}, \"usage\": null, \"method\": \"pymupdf-text\", \"version\": \"kyleg-akn-1.0\", \"extracted_at\": \"2026-06-22\"}, \"classification\": \"text_layer\", \"validation_flags\": [], \"docai_processor_id\": null}, \"akomaNtoso\": {\"act\": {\"body\": [{\"eId\": \"sec_n1\", \"num\": null, \"text\": \"Trade and Business Licensing Act (2026 Revision) PART 3 - LICENSING 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. PART 4 - MISCELLANEOUS 35. 36. 37. 38. 39. 40. 41. 42. SCHEDULE 1 FEES SCHEDULE 2 TICKETABLE OFFENCES SCHEDULE 3 ENDNOTES Trade and Business Licensing Act (2026 Revision) (2026 Revision) PART 1 - PRELIMINARY\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_1\", \"num\": \"1.\", \"text\": \"Short title 1. This Act may be cited as the Trade and Business Licensing Act (2026 Revision).\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_2\", \"num\": \"2.\", \"text\": \"Interpretation 2. In this Act \u2014 \u201cagricultural product\u201d includes any animal or vegetable product of agriculture or husbandry but excludes animals retailed as pets; \u201cAppeals Tribunal\u201d means the tribunal established under section 36; \u201cBoard\u201d means the Trade and Business Licensing Board established under section 4; \u201cCaymanian\u201d has the meaning assigned to that expression under section 2 of the Immigration (Transition) Act (2022 Revision); \u201cCaymanian owned and controlled\u201d means, in the case of a company, where no less than sixty percent of \u2014 (a) the voting rights attached to each class of shares in the company is beneficially held by Caymanians; and (b) the directors of the company are Caymanian, Trade and Business Licensing Act (2026 Revision) and that sixty percent of the voting rights and directorships is enjoyed by Caymanians, to the exclusion of any other person, and cannot by means of any arrangement, artifice or device be exercised either directly or indirectly by persons who are not Caymanian; \u201cChairperson\u201d means the person appointed under section 9(a)(i) as Chairperson of the Board; \u201cClerk of Court\u201d has the meaning assigned to that expression in section 2 of the Grand Court Act (2026 Revision); \u201ccompany\u201d means \u2014 (a) a company registered under the Companies Act (2026 Revision), including an exempted company; (b) a limited liability company; (c) a non-resident company; and (d) a company, body corporate or corporate entity incorporated under the laws of a jurisdiction outside the Islands; \u201ccompetent authority\u201d has the meaning given in section 2(1) of the Proceeds of Crime Act (2025 Revision); \u201cDepartment\u201d means the department of Government known as the Department of Commerce and Investment; \u201cDirector of Planning\u201d means the person appointed as such under section 4 of the Development and Planning Act (2021 Revision); \u201cDNFBP\u201d has the meaning given in section 2(1) of the Anti-Money Laundering Regulations (2025 Revision); \u201ceconomic resources\u201d means assets of every kind, whether tangible or intangible, movable or immovable, which are not funds but can be used to obtain funds, goods or services; \u201cexempted company\u201d means an exempted company registered under section 164 of the Companies Act (2026 Revision); \u201cfinancing\u201d means the provision of funds or economic resources; \u201cfunction\u201d includes duty, power and role; \u201cfunds\u201d means financial assets and benefits of every kind, including \u2014 (a) cash, cheques, claims on money, drafts, money orders and other payment instruments; (b) deposits with relevant institutions or other persons, balances on accounts, debts and debt obligations; (c) publicly and privately traded securities and debt instruments, including stocks and shares, certificates representing securities, bonds, notes, warrants, debentures and derivative products; Trade and Business Licensing Act (2026 Revision) (d) interest, dividends and other income on or value accruing from or generated by assets; (e) credit, rights of set-off, guarantees, performance bonds and other financial commitments; (f) letters of credit, bills of lading and bills of sale; (g) documents providing evidence of an interest in funds or financial resources; and (h) any other instrument of export financing; \u201clicence\u201d means a licence granted under section 21; \u201clicence fee\u201d means the licence fee referred to in section 18(2)(f) and in Schedule 1; \u201clicensee\u201d means the holder of a valid licence granted under section 21; \u201climited liability company\u201d means a limited liability company registered under the Limited Liability Companies Act (2025 Revision); \u201clisted entity\u201d means an entity that, under the Securities Investment Business Act (2020 Revision), has securities listed on a recognised securities exchange; \u201cmicro business\u201d means a business that employs less than five persons, not including the owner and has an annual gross revenue of two hundred and fifty thousand dollars or less; \u201cnon-LCC Law company\u201d means a company exempted by the Cabinet under section 4(3) of the Local Companies (Control) Act (2025 Revision); \u201cnon-resident company\u201d has the meaning given in section 2(1) of the Local Companies (Control) Act (2025 Revision); \u201cpremises\u201d includes any place, stall, vehicle or thing from which a business is carried on, irrespective of whether it is fixed or movable or partly fixed or partly movable; \u201cproliferation financing\u201d means the financing of \u2014 (a) the development or production; or (b) the facilitation of the development or production, of nuclear, radiological, biological or chemical weapons or systems for their delivery; \u201cproperty development\u201d means carrying out work for any or all of the following activities in relation to land (whether by its owner or by someone else with the owner\u2019s consent) with a view to obtaining a reward from selling or leasing the land \u2014 (a) constructing or renovating a building or other structure; Trade and Business Licensing Act (2026 Revision) (b) making a material change (within the meaning of that term under the Development and Planning Act (2021 Revision)) to the use of the land or a building or other structure on the land; or (c) clearing, site works and other activities to prepare for the carrying out of an activity mentioned in paragraph (a) or (b); \u201cpublic place\u201d includes \u2014 (a) a road, footpath, footway, court, square, lane, alley, or thoroughfare of a public nature opened to or used by the public as of right; (b) a place of public recreation; (c) a beach; (d) a public building, public park, public garden or public reserve; (e) a public wharf, pier or jetty; and (f) such other place to which the public has access; \u201crenewal fee\u201d means the renewal fee referred to in sections 18(2)(f) and 23 and Schedule 1; \u201cretailer\u201d includes a person \u2014 (a) who offers products as follows for sale directly to the public in small quantities \u2014 (i) products bought directly from a merchant (including online or by order); or (ii) products that the person imports; or (b) who manufactures and sells their own products; \u201csecondhand dealer\u201d means any person, subject to any exemptions provided for in any Law, who by way of the internet or otherwise \u2014 (a) conducts business which consists wholly or partly of buying or acquiring secondhand articles for the purpose of trade, sale or exchange or otherwise dealing in secondhand articles, including scrap metal or jewellery; (b) conducts business within the Islands and contracts with persons or entities outside of the Islands to purchase or sell any secondhand articles, including scrap metal or jewellery; or (c) carries on the business of taking goods and chattels in pawn within the meaning of sections 2 and 3 of the Pawnbrokers Act (1998 Revision) and as an adjunct to the pawnbroking business acquires, exchanges and disposes of secondhand articles including scrap metal and jewellery, whether or not the person is licensed as a secondhand dealer under this Act, incorporated under the Companies Act (2026 Revision), licensed as a pawnbroker under the Pawnbrokers Act (1998 Revision) or operates by virtue of any other Law; Trade and Business Licensing Act (2026 Revision) \u201csignificant interest\u201d, in a company, means a holding or interest in the company or in any holding company of the company held or owned by a person, either alone or with any other person and whether legally or equitably, entitling or enabling the person, directly or indirectly \u2014 (a) to control ten percent or more of the company\u2019s voting rights at its general meetings; or (b) to a share of ten percent or more in \u2014 (i) the company\u2019s declared and paid dividends; or (ii) distributions of the company\u2019s surplus assets; \u201csmall business\u201d means a business that employs up to a maximum of twelve persons, not including the owner, and which has an annual gross revenue of up to seven hundred and fifty thousand dollars; \u201cSupervisory Authority\u201d has the meaning given in section 2(1) of the AntiMoney Laundering Regulations (2025 Revision); \u201ctrade or business\u201d includes \u2014 (a) a trade or business in a category of trade or business set out in Part B of Schedule 1; (b) the carrying out of the following, whether online, seasonally, occasionally or otherwise \u2014 (i) a profession, calling, vocation or occupation or trade; (ii) a manufacture, mercantile, wholesale or retail operation; or (iii) any kind of undertaking; and (c) the carrying out of property development; and \u201ctrade officer\u201d means a public officer in the Department of Commerce and Investment appointed as such.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_3\", \"num\": \"3.\", \"text\": \"Application 3. This Act does not apply to \u2014 (a) any trade or business licensed or registered to be carried on as a trade or business under another Law without reference to this Act, including where that other Law exempts a person to whom it applies from registering, being licensed or paying a fee; (b) the Caymanians who produce and sell agricultural products or cottage industry products, including, for example, jams, jellies, heavy cakes, sauces and thatch work; and (ba) any Caymanian who is self-employed and who creates for sale artistic, dramatic, musical or literary works. (c) artisans, craftspersons and other persons who do not carry on a business of their own but are themselves employed by other persons; Trade and Business Licensing Act (2026 Revision) (d) self-employed Caymanians who fish; or (e) any corporation or body which satisfies the Board that it has been formed for purposes of social or public welfare, religion, charity, art or science and that it applies its income and profits solely for promoting such purposes and does not permit the payment of any dividends to its members. PART 2 - TRADE AND BUSINESS LICENSING BOARD AND TRADE OFFICERS\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_4\", \"num\": \"4.\", \"text\": \"Establishment of the Board 4. There is established a Board to be known as the Trade and Business Licensing Board.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_5\", \"num\": \"5.\", \"text\": \"Functions of the Board 5. The functions of the Board are \u2014 (a) the consideration of every application made in accordance with this Act; (b) the grant, renewal, suspension, amendment, revocation or refusal of a licence in accordance with this Act; (c) the enforcement of compliance with the provisions of this Act; and (d) such other functions as may be conferred upon the Board by this or any other Law.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_6\", \"num\": \"6.\", \"text\": \"Delegation by the Board 6. (1) The Board may delegate to the Department any or all of the Board\u2019s functions under section 5(a), (b) and (c), except for the grant, suspension, revocation and refusal of licences. (2) The Board may co-opt any person to attend any meeting of the Board at which it is proposed to deal with a particular matter, for the purpose of assisting or advising the Board, but a co-opted person shall not have the right to vote.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_7\", \"num\": \"7.\", \"text\": \"Trade officers 7. (1) The Board shall be assisted by such trade officers as are necessary for the purposes of this Act. (2) Subject to subsection (3), trade officers shall have all the rights, powers, privileges and immunities of a constable when performing the functions of trade officers under this Act. (3) A trade officer shall have the authority and power to carry out such instructions as may be given by the Board or the Department in accordance with this Act and may exercise on behalf of the Board or the Department, any powers granted to the Board by this Act. Trade and Business Licensing Act (2026 Revision) (3A) The Board or Department may issue trade officers with the arms (other than firearms) and other equipment (including, for example, batons, handcuffs and other protection or restraint devices) necessary to perform their functions. (4) The Chief Officer of the ministry with responsibility for commerce or Chief Officer\u2019s designate shall assign such officers of the Department as is considered necessary, to perform the functions of trade officers under this Act. (5) Each officer assigned under this section shall be provided with an identification card prepared and signed by the Chief Officer or the Chief Officer\u2019s designate and the identification card shall contain the photograph of the respective officer. (6) The Director of the Department shall have the same rights, powers, privileges, and immunities conferred on a trade officer under subsection (2) when performing functions under this Act.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_8\", \"num\": \"8.\", \"text\": \"Policy directions 8. The Cabinet may, after consultation with the Board, give such general directions as to the policy to be followed by the Board in the performance of its functions under this Act as appear to it to be necessary in the public interest, and the Board shall give effect to any such directions.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_9\", \"num\": \"9.\", \"text\": \"Composition of the Board 9. The Board shall comprise of \u2014 (a) the following persons appointed from the private sector by the Cabinet \u2014 (i) a Chairperson; (ii) a Deputy Chairperson; and (iii) four other members from the private sector; and (b) the following public officers who shall hold office by virtue of their public service appointment \u2014 (i) the Director of Commerce and Investment or designate; (ii) the Director of Planning or designate; and (iii) the Director of Environmental Health of the Department of Environmental Health or designate.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_10\", \"num\": \"10.\", \"text\": \"Appointment and procedure of Board 10. (1) The Chairperson, Deputy Chairperson and other Board members referred to in section 9(a) may hold office for a period of up to four years and shall be eligible for re-appointment. (2) The Cabinet may appoint any person in the place of the Chairperson or any member of the Board where the Chairperson or a member of the Board is removed or has vacated the office. Trade and Business Licensing Act (2026 Revision) (3) The Chairperson or any member under section 9(a) may, at any time, resign the office by instrument in writing addressed to the Cabinet and such resignation shall take effect as from the date of receipt of such instrument by the Cabinet. (4) The Board shall meet as may be necessary or expedient for the transaction of business and such meetings shall be held at such places and times and on such days as the Chairperson may determine. (5) If the Chairperson is absent from a meeting the Deputy Chairperson shall preside and if both the Chairperson and the Deputy Chairperson are absent the members present at the meeting shall elect one of their numbers to preside as Chairperson. (6) The quorum for meetings of the Board shall be five members including the Chairperson. (7) The decisions of the Board shall be by a majority of votes of members present and voting and, in addition to an original vote, the Chairperson shall have a second or casting vote in any case in which the voting is equal. (8) The Board shall have the power to delegate its duties and powers to consider expedited licences from time to time to a sub-committee comprised of at least three of its members, the majority of whom shall be members from the private sector, and the decisions of a subcommittee shall be by a majority of votes of members present and voting and, in addition to an original vote, the presiding member shall have a second or casting vote in any case in which the voting is equal. (9) Minutes in proper form of each meeting shall be kept by the Secretariat and shall be confirmed by the Chairperson as soon as practicable at a subsequent meeting. (10) Members of the Board or a sub-committee of the Board may participate in a meeting of the Board or of the sub-committee, as the case may be, by means of a conference telephone, computer or similar equipment providing real time communication and allowing the participants in the meeting to communicate with each another at the same time, and participation by such means shall constitute presence in person at the meeting of the Board or sub-committee. (11) The Board may, subject to this Act, make such rules as it thinks fit to regulate its procedures, its own internal management and the procedures and management of any subcommittee of the Board and at its first meeting shall approve and adopt standing orders that will govern procedure in connection with its meetings. (12) For the purposes of this Part, \u201cminutes\u201d includes any electronic record or transcript of votes or decisions made during a meeting that takes place by means of conference telephone, computer or similar equipment. Trade and Business Licensing Act (2026 Revision)\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_11\", \"num\": \"11.\", \"text\": \"Disqualification from being a Board member 11. (1) A person who is an elected member of the Cayman Islands Parliament or a member of the Cabinet shall not be appointed as a member of the Board or, where already appointed, remain as a member of the Board. (2) Members of the Board shall hold office at the Cabinet\u2019s pleasure.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_12\", \"num\": \"12.\", \"text\": \"Secretariat 12. (1) The Department is designated as the Secretariat to the Board. (2) The Secretariat shall be responsible for the day to day administration of the Board and, to the extent of the authority delegated to it by the Board, shall be responsible for the carrying out of the administrative duties of the Board, and shall provide the secretary who shall record and keep the minutes of all meetings, proceedings and decisions of the Board.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_13\", \"num\": \"13.\", \"text\": \"Validity of any act 13. The validity of any act or proceeding of the Board shall not be affected by any vacancy among its members, or by any defect in the appointment of a member.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_14\", \"num\": \"14.\", \"text\": \"Duty of confidentiality 14. (1) The facts and particulars of, or relating to, any matter falling for consideration by the Board or any decision of the Board shall be treated as confidential by each Board member and by any person to whom the Board delegates its functions and any such facts or particulars shall not be disclosed otherwise than in the proper performance of duties under this Act or in compliance with an order of a court or tribunal of competent jurisdiction. (2) The failure of any Board member or any person to whom it delegates its functions to comply with subsection (1) is an offence and constitutes sufficient ground for the termination of the appointment. (3) A person who contravenes subsection (1) commits an offence and is liable on summary conviction to a fine of ten thousand dollars or to imprisonment for a term of one year, or to both. (4) Any allegation of a breach of subsection (1) shall be fully investigated by a constable of the rank of Inspector or above.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_15\", \"num\": \"15.\", \"text\": \"Board members\u2019 interests 15. Where a Board member has a personal or pecuniary interest, direct or indirect, in any matter which is to be determined by the Board, the member shall, if present at the duly constituted meeting of the Board at which such matter is to be determined, as soon as practicable after the commencement of the meeting, disclose the fact and leave the meeting. Trade and Business Licensing Act (2026 Revision)\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_16\", \"num\": \"16.\", \"text\": \"Protection from liability and indemnity 16. (1) A Board member shall not be liable in damages for anything done or omitted in the discharge or purported discharge of the member\u2019s functions, responsibilities, powers and duties under this Act unless it is shown that the act or omission was in bad faith. (2) The Government shall indemnify a Board member against all claims, damages, costs, charges or expenses incurred by that member in the discharge or purported discharge of the member\u2019s functions, responsibilities, powers and duties under this Act, except claims, damages, costs, charges or expenses caused by the bad faith of that Board member. PART 3 - LICENSING\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_17\", \"num\": \"17.\", \"text\": \"Requirement for licence 17. (1) A person shall not carry on a trade or business in or from within the Islands unless that person holds a valid licence issued under this Act for each type of trade or business that the licensee is carrying on and in respect of each location from which such trade or business is being carried on, except where the provisions of this Act do not apply to the person. (2) A person who contravenes subsection (1) commits an offence and is liable on summary conviction \u2014 (a) in the case of a first offence to a fine of ten thousand dollars or to imprisonment for a term of one year, or to both; or (b) in the case of a second or subsequent offence to a fine of twenty thousand dollars or to imprisonment for a term of two years, or to both. (3) Where the Board reasonably suspects or is informed that a person is contravening subsection (1), a trade officer may lay before a Magistrate or a Justice of the Peace an information on oath setting out the grounds for the suspicion and apply for the issue of a warrant to search the premises. (4) Where an application is made under subsection (3) for a warrant, the Magistrate or Justice of the Peace may issue a warrant authorising the trade officer to enter upon the premises, and search and inspect the premises with such assistance, including assistance from a police officer, and by such force as is necessary and reasonable, and to \u2014 (a) examine, inspect, make copies of, seize or remove any document or record that the trade officer or police officer has reasonable grounds to believe is evidence of the commission of an offence; and Trade and Business Licensing Act (2026 Revision) (b) seize any equipment or other property found on the premises in the course of the search that the trade officer or police officer has reasonable grounds to believe is being used in the commission of an offence under this Act. (5) A licensee shall take steps to remove or discontinue any advertising pertaining to a trade or business that is in contravention of this section as soon as practicable and in any event not exceeding thirty days from the date of receipt of notification to remove or discontinue advertising in such form as may be prescribed. (6) A person who \u2014 (a) destroys or alters, or causes to be destroyed or altered, any document, record, equipment or other property found on the premises in the course of a search under subsection (4); (b) hinders, obstructs, prevents or interferes with a trade officer or police officer in the exercise of a power under this section; or (c) fails to remove all advertising in contravention of subsection (5), commits an offence and is liable on summary conviction to a fine of five thousand dollars or to imprisonment for a term of one year, or to both. (7) Any document, record, equipment or other property seized under a search warrant under this section shall \u2014 (a) where legal proceedings are not commenced within a period of thirty days from the date of seizure of the document, record, equipment or other property be returned to the owner; or (b) where legal proceedings are commenced within a period of thirty days of the seizure, be kept until the conclusion of those proceedings. (8) Where any document, record, equipment or other property is seized under this section, every effort shall be taken by the trade officer or the police officer to store the seized item in a place and condition that is appropriate for preserving it. (9) Where a person is convicted of an offence under this Act in respect of any document, record, equipment or other property seized under this section, the court may order the forfeiture of that document, record, equipment or other property seized. (10) Any equipment forfeited under this section is to be disposed of by way of an open sale, where practicable. (11) Any net income derived from an open sale under subsection (10) shall be deposited into the general revenue of the Islands. Trade and Business Licensing Act (2026 Revision)\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_18\", \"num\": \"18.\", \"text\": \"Application for grant or renewal of a licence 18. (1) Any person carrying on a trade or business shall, unless excluded from the application of this Act, apply to the Board for the grant or renewal of a licence in accordance with the respective categories of trade or business set out in Part B of Schedule 1. (1A) A company can only apply for the grant or renewal of a licence if it \u2014 (a) is Caymanian owned and controlled; (b) holds, or has applied for, a licence under the Local Companies (Control) Act (2025 Revision); or (c) is a non-resident company, non-LCC Law company, exempted company or limited liability company. (2) Subject to subsections (2A), (2B) and (2C), an application pursuant to subsection (1) shall be submitted to the Board through the Department in the prescribed form and shall be accompanied by \u2014 (a) evidence of status as a Caymanian, if any, of \u2014 (i) the applicant, where the applicant is an individual; (ii) any individual who has a legal or beneficial interest in the company, where the applicant is a company; or (iii) each individual who is a partner in the firm, where the applicant is a firm; (b) in the case of an application for the grant of a licence by an applicant who is not a Caymanian, a reference for the applicant from a financial institution or a current bill in the applicant\u2019s name for the provision of utility services within the meaning of that term under section 2 of the Utility Regulation and Competition Act (2024 Revision); (c) where the applicant will be carrying on business in a public place, evidence of the approval of the relevant authority to carry on business in such a place; (d) if applicable, evidence of compliance with the Law relating to employee pensions or employee health insurance in force in the Islands where application is for renewal; (da) if applicable, evidence of the registration with the relevant Supervisory Authority where the applicant is a DNFBP or intends to carry out business as a DNFBP; (e) the non-refundable application fee specified in Schedule 1 to be paid to the general revenue of the Islands; (f) the licence fee specified in Schedule 1 or, subject to section 23(2), the renewal fee specified in Schedule 1 to be paid to the general revenue of the Islands or a waiver of the licence fee in writing from the Cabinet; and Trade and Business Licensing Act (2026 Revision) (g) such other information relating to the application as may be deemed necessary by the Board for the consideration of the application or as may be prescribed. (2A) Where the applicant is a company the following additional particulars shall be provided in the prescribed manner \u2014 (a) the number and par value of each class of shares issued by the company; (b) the voting and other rights attached to each class of shares; (c) a statement of the number and par value of each class of shares beneficially owned by Caymanians; (d) a statement of the number and par value of each class of shares held by persons who are not Caymanian; and (e) a statement that the effective control, benefit and effective control of the company is not, either directly or indirectly or by reason of any artifice or device vested in or permitted to pass to persons other than as specifically shown in the return of shareholdings. (2B) Where the applicant is a company that was registered twelve or more months prior to the application for a licence, a copy of the company\u2019s annual return and a return of shareholdings containing the particulars listed in subsection (2A) shall be provided in the prescribed manner. (2C) Subject to subsection (2D), the Board may request a police clearance certificate as part of its due diligence procedures in respect of an application for the grant of a licence for \u2014 (a) any applicant where the applicant is an individual; (b) any individual who has a significant interest in, or who is a director of, the applicant where the applicant is a company other than a listed entity; (c) any individual who is a partner in the firm where the applicant is a firm, and the certificate shall be provided in such manner as the Board may determine. (2D) An applicant who is \u2014 (a) Caymanian; (b) a permanent resident; or (c) the holder of a Permanent Residency and Employment Rights Certificate, and who has been legally and ordinarily resident in the Islands for five or more years shall be exempt from the requirement under subsection (2C) except where the application is for a licence for a trade or business in a sector where the Board determines that it is mandatory for every applicant to provide a police clearance certificate. (2E) To the extent that the information required under sections 18 or 19 to support an application for the grant or renewal of a licence is held by a relevant public Trade and Business Licensing Act (2026 Revision) authority or government agency, an applicant may permit the Board to receive that information directly from the public authority or government agency where \u2014 (a) the Board has entered into an arrangement, understanding or agreement with the public authority, government agency, Supervisory Authority or competent authority for anti-money laundering, counter proliferation financing or counter terrorist financing purposes; and (b) the information is material, adequate, current, relevant or as may otherwise be prescribed by Regulations. (2F) The Board may enter into an arrangement, understanding or agreement with any government agency, public authority, Supervisory Authority or competent authority for anti-money laundering, counter proliferation financing or counter terrorist financing purposes, to facilitate the electronic or other receipt of information under subsection (2E). (2G) Where an applicant does not utilise the option under subsection (2E), the applicant still has an obligation to provide the information to the Board. (2GA)The Board may, to the extent that information is required by a Supervisory Authority or competent authority for anti-money laundering, counter proliferation financing or counter terrorist financing purposes, share through the Secretariat any information held by the Secretariat where subsections (2E)(a) and (b) have been satisfied. (2H) The Cabinet may make Regulations exempting certain applicants or categories of applicants from any or all of the provisions under section 18. (2I) For the purposes of this section \u2014 (a) \u201cpermanent resident\u201d has the meaning assigned under section 2 of the Immigration (Transition) Act (2022 Revision); and (b) the expression \u201cholder of a Residency and Employment Rights Certificate\u201d has the same meaning as the expression has under section 38 of the Immigration (Transition) Act (2022 Revision); (3) An application for the renewal of a licence shall be made at least twenty-eight days before, but not more than three months before, the date of expiry of the licence. (4) Repealed by section 7(e) of the Trade and Business (Amendment) Act, 2017 [Law 8 of 2017]. (5) Where an incomplete application is submitted under subsection (1), the Board may require an applicant to complete and re-submit the application, subject to payment of the re-submission fee specified in Schedule 1. (6) The Board may take such steps to carry out due diligence procedures, including a fit and proper test, in regard to any director or any person who has a beneficial Trade and Business Licensing Act (2026 Revision) interest in a trade or business for which an application for the grant or renewal of a licence is made under this Act. (7) The Cabinet may waive the licence fee for an individual trade or business or the trades or businesses in a sector or an industry set out in Part B of Schedule 1 where the Cabinet determines it is in the public interest to do so. (8) A person shall not \u2014 (a) in relation to any application submitted pursuant to this section; or (b) in relation to any information or particulars that the person is required to furnish pursuant to this section, make any representation or statement that the person knows is false or misleading in a material particular. (9) A person who contravenes subsection (8) commits an offence and is liable on summary conviction to a fine of five thousand dollars or to imprisonment for a term of one year or to both. (10) In this section \u2014 \u201cbeneficial interest\u201d, in a company, includes a share in the company, or if the company is a limited liability company, an LLC interest in it within the meaning of that term under section 5 of the Limited Liability Companies Act (2025 Revision); \u201cfinancial institution\u201d has the meaning given in section 182(1) of the Proceeds of Crime Act (2025 Revision); and \u201crequired clearance document\u201d, for an individual, means the following document made within 6 months before the application for grant or renewal in question \u2014 (a) an affidavit by the individual swearing that the individual has no convictions if \u2014 (i) the individual has been residing in a country or territory that does not give police clearance certificates; or (ii) the individual has been residing in the Islands for less than six months; or (b) otherwise, an original police clearance certificate issued under section 144(4) of the Police Act (2021 Revision).\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_19\", \"num\": \"19.\", \"text\": \"Restriction on grant or renewal of a licence 19. (1) A licence shall not be granted by the Board under this Act where the Board is satisfied that \u2014 (a) the applicant \u2014 Trade and Business Licensing Act (2026 Revision) (i) is a person who is not Caymanian as defined by the Immigration (Transition) Act (2022 Revision) and does not hold a work permit as defined by the Immigration (Transition) Act (2022 Revision); (ii) is adjudged bankrupt or suspended payment to or compounded with the applicant\u2019s creditors; (iii) is, under this or any other Law, disqualified from holding the licence sought; or (iv) Repealed by section 3(c) of the Trade and Business Licensing (Amendment) Act, 2018 [Law 2 of 2018]. (v) is a company that is not \u2014 (A) a Caymanian owned and controlled company; (B) the holder of a licence under the Local Companies (Control) Act (2025 Revision); or (C) a non-resident company, non-LCC Law company, exempted company or limited liability company; or (vi) is a DNFBP or intends to carry on business as a DNFBP and \u2014 (A) is not registered with; or (B) has had its registration cancelled by, the relevant Supervisory Authority; (b) the Chief Medical Officer has, on the grounds of public health in relation to the premises in which the applicant proposes to carry on the trade or business, objected to the grant of a licence to the applicant; or (c) the grant of the licence would be contrary to the public interest. (1A) A licence shall not be renewed by the Board where \u2014 (a) it is satisfied that any of the provisions under subsection (1)(a) apply to the applicant for renewal; or (b) the applicant is not compliant with this Act or any other applicable Law regulating the applicant, including Laws relating to employee pensions, employee health insurance, labour relations, anti-money laundering, counter proliferation financing and counter terrorist financing in the Islands and the applicant has not taken the necessary steps to resolve the noncompliance. (2) The Board may refuse to grant a licence to a person or where a person has already been granted a licence, revoke the licence where, in the Board\u2019s opinion, the person is carrying on or intending to carry on trade or business under a name which is likely to mislead persons because it is \u2014 Trade and Business Licensing Act (2026 Revision) (a) identical to the name of any other person carrying on trade or business, whether in the Islands or not, or so nearly resembles that name as to be calculated to deceive; (aa) identical or similar to a registered trade mark unless it is established that the trade or business is the owner of the trade mark or it has a licence to use the trade mark; (b) calculated to suggest, falsely, the patronage of or connection with some person or authority, whether in the Islands or not; or (c) calculated to suggest, falsely, that such person has a special status in relation to, or derived from, the Government or has the official backing or acts on behalf of the Government or any department, branch, agency or office of Government.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_20\", \"num\": \"20.\", \"text\": \"Request for additional information 20. (1) Where an application is submitted to the Board pursuant to section 18, the Board may, within twenty-eight days of the receipt of the application request additional information from the applicant that it deems necessary for the purpose of considering the application. (2) Where the Board makes a request for information pursuant to subsection (1), the applicant shall submit that information within fourteen days of the request or within a further period of time as may be requested by the applicant and granted by the Board in writing. (3) The Board shall not unreasonably refuse to give a further time period under subsection (2). (4) Where the applicant has not submitted the additional information within the timeframe outlined in subsection (2) the Board shall \u2014 (a) cease considering the application; (b) return the application to the applicant along with the licence fee; (c) give the applicant the reason in writing for the Board\u2019s decision to cease considering the application; and (d) where the applicant was a licensee at the time of the application, give the status of the applicant\u2019s licence and the steps that the applicant needs to take to have the licence reinstated and to be otherwise in compliance with this Act. (5) Where the Board returns an application under subsection (4) and the applicant wishes to re-apply, the applicant shall pay to the general revenue of the Islands the fees referred to in section 18(2)(f). (6) Where an application for renewal has been returned under subsection (4), the respective licence shall be deemed to be suspended or revoked by the Board and section 29(6) or (7), as the case may be, shall apply. Trade and Business Licensing Act (2026 Revision)\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_21\", \"num\": \"21.\", \"text\": \"Grant of licence and expedited licence 21. (1) The Board shall, within ninety days of submission or resubmission of an application for a new licence or the receipt of information requested pursuant to section 20, whichever is later, grant or refuse a licence and shall notify the applicant of the grant or refusal and give reasons in writing where the licence is refused. (2) The Board shall, within thirty days of submission or resubmission of an application for the renewal of a licence or the receipt of information requested pursuant to section 20, whichever is later, renew a licence or refuse to renew a licence and shall notify the applicant of the renewal or refusal to renew and give reasons in writing where the renewal is refused. (3) In the event of the Board refusing to grant or renew a licence, the fee paid pursuant to section 18(2)(f) shall be refunded to the applicant. (4) The Board may attach such conditions or restrictions on licences generally or to licences granted to a sector or an industry as it considers fit in the interest of public safety, public order, public health or otherwise in the public interest. (5) Notwithstanding subsection (1) or (2), the Board, on receipt of an application for an expedited licence or renewal of a licence which is accompanied by an expedited licence fee of the amount specified in Schedule 1 and otherwise in accordance with the requirements under section 18, shall grant, renew or refuse the licence within five business days of receiving an eligible application. (6) Notwithstanding the provisions in section 6, determinations on applications for expedited licences shall be taken by a subcommittee of the Board, such subcommittee being comprised of at least three members of the Board. (7) The Cabinet may make regulations setting out the criteria for the grant of an expedited licence in such sectors or industries as the Cabinet may specify. (8) A licensee who fails to comply with a condition or restriction commits an offence and is liable on summary conviction to a fine of five thousand dollars.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_22\", \"num\": \"22.\", \"text\": \"Evidence of licence and public display of licence 22. (1) A licence granted or renewed under this Act shall be evidenced by a certificate in the prescribed form and the licence shall be framed by the licensee and publicly displayed on the premises to which such licence relates. (2) A licensee who fails to display the licence as required under subsection (1) commits an offence and is liable on summary conviction to a fine of five hundred dollars.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_23\", \"num\": \"23.\", \"text\": \"Validity of licence and renewal fee 23. (1) Subject to \u2014 (a) the voluntary surrender of a licence under section 27; Trade and Business Licensing Act (2026 Revision) (b) the suspension or revocation of a licence under section 29; (c) the revocation of a licence under section 30; or (d) the revocation of a licence under section 31, a licence shall be valid for the period specified in the licence. (2) A licensee who fails to pay the renewal fee within twenty-eight days after the expiry date of the licence shall, unless the Board waives it, pay to the general revenue of the Islands a surcharge not exceeding twenty-five per cent of the renewal fee specified in Schedule 1 for every month or part of a month that the renewal fee is not paid, such amount not exceeding the renewal fee. (3) If the renewal fee referred to in subsection (2) is not paid and the licensee continues to operate the trade or business, in addition to any criminal penalties to which the licensee is liable, the unpaid renewal fee may be sued for by the Board by action as a civil debt and the Board may require, and the court may order, the payment of any surcharge accrued under subsection (2) in respect of the late payment of the renewal fee. (4) Where the renewal fee is not paid for a period of five months a licence shall be suspended or revoked by the Board and section 29(6) or (7), as the case may be, shall apply.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_24\", \"num\": \"24.\", \"text\": \"Transfer of licence 24. (1) A licensee shall not transfer or assign a licence to any other person, including a company. (2) Notwithstanding subsection (1), a person owning or holding a significant interest in a licensee shall not sell, transfer, charge or otherwise dispose of that person\u2019s interest in the licensee, or any part of that person\u2019s interest, unless \u2014 (a) the licensee is a listed entity and the disposition is a trade in its securities on a recognised securities exchange under the Securities Investment Business Act (2020 Revision); or (b) the person has the Board\u2019s prior written approval. (3) A licensee shall not, unless with the written approval of the Board \u2014 (a) cause, permit or acquiesce in a sale, transfer, charge or other disposition referred to in subsection (2); or (b) issue or allot any shares or cause, permit or acquiesce in any other reorganisation of its share capital that results in \u2014 (i) a person acquiring a significant interest in the licensee; or (ii) a person who already owns or holds a significant interest in the licensee, increasing or decreasing the size of that person\u2019s interest. (4) Repealed by section 9(b) of the the Trade and Business (Amendment) Act, 2017 [Law 8 of 2017]. Trade and Business Licensing Act (2026 Revision) (5) The Board shall not unreasonably withhold the approval required under subsections (2) or (3). (6) Notwithstanding anything in this section, where a sale, transfer, charge or other disposition referred to in this section is as a result of an internal reorganisation of a body corporate that constitutes ultimate transfer of control of a licensee, a new licence will be required in addition to the prior written approval of the Board. (7) Repealed by section 9(b) of the the Trade and Business (Amendment) Act, 2017 [Law 8 of 2017].\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_25\", \"num\": \"25.\", \"text\": \"Amendment of licence or Register particulars for licence 25. (1) The Board may make the following amendments to or relating to a licence, if the licensee applies to it to do so \u2014 (a) amendments to the licence, except in a way that has the effect of transferring or assigning the licence; or (b) amendments to a particular mentioned in section 32(2) relating to the licence. (2) The application shall be in the prescribed form and accompanied by the amendment fee specified in Schedule 1 made payable to the general revenue of the Islands.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_26\", \"num\": \"26.\", \"text\": \"Notification of changes of addresses, etc. 26. (1) A licensee who, during the currency of the licence, changes address or, being a corporation, its corporate identity or the scope of its trade or business shall notify the Board no later than thirty days after such change of address, corporate identity or scope. (2) A licensee who fails to notify the Board in the circumstances set out in subsection (1) commits an offence and shall be liable on summary conviction to a fine of five hundred dollars.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_27\", \"num\": \"27.\", \"text\": \"Surrender of licence 27. A licensee shall, within thirty days of voluntarily ceasing to carry on a trade or business, give notice in writing to the Board and surrender the licence which shall be deemed to be invalid from the date the licensee ceased to carry on the trade or business or such other date as may be determined by the Board. Trade and Business Licensing Act (2026 Revision)\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_28\", \"num\": \"28.\", \"text\": \"Breaches by licensee 28. (1) Where the Board or Department reasonably suspects that a licensee is in breach of any provision of this Act, the Board or Department may conduct any investigation it considers necessary in relation to the licensee and may upon obtaining a warrant perform any of the following in the course of such investigation \u2014 (a) enter any premises for the purpose of ascertaining compliance with this Act; (b) compel the production of books, records and documents in the custody or control of the licensee; (c) compel the appearance of an employee or officer of a licensee or any other person for the purpose of ascertaining compliance with this Act or the relevant licence; (d) inspect, examine or make copies of any book, record or document in the possession of the licensee relevant to the licence held by the licensee; (e) require verification of income and all other matters pertinent to the licence; and (f) seize or remove any document or records relating to the licence for the purpose of examination and inspection. (1A) The Board shall, where the licensee is a DNFBP or carrying out business as a DNFBP, upon receipt of a notice pursuant to regulation 55J of the Anti-Money Laundering Regulations (2025 Revision) suspend or revoke a licence. (2) A person shall not \u2014 (a) hinder, obstruct, prevent or interfere with the Board in the exercise of a power pursuant to this section; (b) fail without reasonable excuse to answer any question relating to any register, book, record or other document or any relevant matter when required to do so by the Board under subsection (1); or (c) provide false or misleading information to the Board that leads to an investigation or during the course of an investigation. (3) A person who contravenes subsection (2) commits an offence and is liable on summary conviction to a fine of five thousand dollars or to imprisonment for a term of one year, or to both. (4) Where, after an investigation under this section, the Board finds that \u2014 (a) the allegations or suspicions under subsection (1) are substantiated, the Board shall so notify the licensee of its findings and, where appropriate, issue directions to the licensee requesting the licensee to stop the breach and take remedial action within a specific time period; or Trade and Business Licensing Act (2026 Revision) (b) where the allegations under subsection (1) are found by the Board to be unsubstantiated, the Board shall cease its investigations. (5) A licensee who fails to comply with a direction of the Board given pursuant to subsection (4)(a) commits an offence and is liable on summary conviction to a fine of ten thousand dollars or to imprisonment for a term of two years, or to both. (6) Any document or record seized or removed under this section for the purpose of examination or inspection shall be returned promptly on completion of the examination or inspection.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_29\", \"num\": \"29.\", \"text\": \"Suspension or revocation of licence 29. (1) Notwithstanding section 28(5), where a licensee fails to comply with any direction given by the Board under section 28(4), the Board may suspend or revoke the licence. (1A) The Board shall, where the licensee is a DNFBP or carrying out business as a DNFBP, upon receipt of a notice pursuant to regulation 55J of the Anti-Money Laundering Regulations (2025 Revision) suspend or revoke a licence. (2) Prior to the suspension or the revocation of a licence pursuant to subsection (1) or section 20, the Board shall give the licensee notice in writing of the intention to do so, specifying the grounds on which the Board considers that the licence ought to be suspended or revoked and shall require the licensee to submit to it, within a specified period being not less than fourteen days of receipt of the notice by the licensee, a written statement of objection to the suspension or revocation, where the licensee intends to object to the suspension or revocation. (3) A notice issued under subsection (2) shall be served on a licensee \u2014 (a) personally or at the licensee\u2019s registered office; or (b) if service is not possible in accordance with paragraph (a), by notice published in the Gazette and in any other medium as the Board determines. (4) The Board shall, where it has considered a statement of objection submitted pursuant to subsection (2), inform the licensee of its decision and shall give the reasons for its decision in writing. (5) A person aggrieved by the decision of the Board under subsection (4) shall have the right of appeal under section 37. (6) A licence that is revoked is invalid. (7) A licence that is suspended is invalid for the period during which it is suspended. (8) The Board shall, by notice published in the Gazette and any other medium as the Board determines, inform the public of the suspension or revocation of a licence pursuant to this section. Trade and Business Licensing Act (2026 Revision)\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_30\", \"num\": \"30.\", \"text\": \"Revocation order 30. (1) In the event of a licensee under this Act being convicted of any offence connected with the conduct of the licensee\u2019s trade or business licensed under this Act, the convicting court may order that the licence be revoked and may order that the licensee be disqualified for a period not exceeding three years from applying for the grant of any new licence for any business. (2) The Clerk of the Court shall forthwith give notice to the Board of the making of the order under subsection (1). (3) No refund of any licence fee shall be payable as the result of such revocation under subsection (1).\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_31\", \"num\": \"31.\", \"text\": \"Revocation under Local Companies (Control) Act 31. In the event of a revocation under the Local Companies (Control) Act (2025 Revision) of a licence under that Act authorising the holder to carry on any trade or business in respect of which the holder also holds a licence under this Act, such revocation shall by that fact itself revoke the licence under this Act and no refund of any licence fee shall be payable as a result.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_32\", \"num\": \"32.\", \"text\": \"Register 32. (1) Subject to subsection (2), the Board shall keep and maintain a register of all licensees, in such form as may be determined by the Board. (2) The Board shall record the following particulars in the Register for each licensee \u2014 (a) the name of the licensee; (b) the postal address of the licensee; (c) the address of the premises at which the trade or business is being carried out; (d) the category of the licence; (e) the date of expiry of the licence; and (f) the terms and conditions of the licence. (3) Subject to subsection (4), the Board shall allow \u2014 (a) the public access to the Register and shall take such steps as may be necessary to give effect to this; and (b) a person to inspect the Register and make a copy of any part of the Register on payment of the inspection fee specified in Schedule 1. (4) Nothing in this section shall be read as repealing any provision of a Law that restricts access to records. Trade and Business Licensing Act (2026 Revision)\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_33\", \"num\": \"33.\", \"text\": \"Permission under other Laws 33. (1) A licence issued pursuant to this Act shall not have the effect of dispensing with the necessity of obtaining permission where such permission is required pursuant to any other Law. (2) In this section \u201cpermission\u201d includes registration, licence, authorisation and permit.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_34\", \"num\": \"34.\", \"text\": \"Restriction on the use of the word \u201clicensed\u201d 34. (1) A licensee shall not use the word \u201clicensed\u201d in juxtaposition with any word describing a trade or business carried on by the licensee on the ground only that the licensee is licensed under this Act. (2) A licence under this Act has no relevance to the qualification, skill or financial stability of the licensee. (3) A licensee who contravenes subsection (1) commits an offence and is liable on summary conviction to a fine of five thousand dollars or to imprisonment for a term of one year, or to both. PART 4 - MISCELLANEOUS\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_35\", \"num\": \"35.\", \"text\": \"Ticketable offences 35. (1) Notwithstanding any other provision of this Act, the offences set out in Schedule 2 are designated as ticketable offences. (2) The payment of the fixed penalty stated on the ticket up to twenty-eight days after being served is an option to discharge liability to conviction for the offence set out on the ticket. (3) Where a person is served with a ticket under this section in respect of an offence set out in Schedule 2, criminal proceedings in respect of the act that constitutes the offence specified on the ticket, shall not commence except where the fixed penalty remains unpaid after twenty-eight days of the service of the ticket. (4) Payment of a fixed penalty under this section shall be made to the Department and all fixed penalties paid under this Act shall, unless otherwise expressly stated, form part of the general revenue of the Islands. (5) In any proceedings, a certificate that payment of the fixed penalty was or was not made to the Department by the date specified in the certificate shall, where the certificate is signed by the Director, be sufficient evidence of the facts stated unless the contrary is proved. (6) A ticket shall be in the form set out in Schedule 3 and shall \u2014 Trade and Business Licensing Act (2026 Revision) (a) contain a statement signed by the trade officer certifying that the trade officer has reason to believe that an offence has been committed under this Act; (b) include a summary of the facts of the offence and the specific section of this Act that has been contravened; (c) indicate with reasonable precision, having regard to all the circumstances, the time and place at which the offence was committed; (d) set out the fixed penalty for the offence; (e) set out the options that the person served with the ticket has in responding to it and the time within which the person shall respond; (f) state the period of time during which proceedings will not be commenced for the offence; (g) require the person, in the event that the fixed penalty is not paid nor the plea under subsection (12) entered within the period specified in the notice, to attend before the summary court to enter a plea on such date as may be specified, the date being not earlier than ten days after the expiration of the period specified in subsection (3); and (h) state that the ticket may be used as the evidence of the Department. (7) The fixed penalty for ticketable offences shall be as specified in Schedule 2. (8) Service of a ticket on the person whom a trade officer has reason to believe committed an offence is effected by the trade officer delivering a copy of the ticket to the person or by leaving it at the last known place of business or abode of the person or by sending it by registered mail to the last known place of business or abode of the person. (9) A trade officer who serves a ticket shall complete and sign a certificate of service stating that the ticket was, on the date set out in the certificate, served on the person whom the trade officer had reason to believe committed the offence and the certificate shall be evidence that, on the date set out in the certificate, a ticket was served on the person whom the trade officer had reason to believe committed the offence. (10) A person may pay the total amount set out in the ticket in accordance with subsection (11), enter a \u201cnot guilty\u201d plea in accordance with subsection (12) or attend the summary court on the date set out on the ticket and enter a plea. (11) The payment of the total fixed penalty within twenty-eight days of being served constitutes a discharge from liability for conviction for the offence. (12) A person who is served with a ticket who wishes to enter a \u201cnot guilty\u201d plea may request a trial by signing the request for trial on the ticket and delivering it to the Clerk of Court within twenty-eight days of being served with the ticket and the Clerk shall enter the plea of \u201cnot guilty\u201d. Trade and Business Licensing Act (2026 Revision) (13) As soon as practicable after a person requests a trial under subsection (12), the Clerk of the Court shall notify the Department of the request, request the duplicate ticket, fix the time and place of the trial and notify the defendant and the prosecution of the time and place of the trial. (14) A person who has been served with a ticket under this section and has not exercised any of the options referred to in subsection (10) or (12) shall attend at the court on the date specified in the ticket which shall be no earlier than thirtyeight days after the date that the ticket was served on the person and the notice of the court date on the ticket shall be notice to the defendant and the prosecution of the same. (15) The Department shall, within forty-eight hours, file with the Clerk every ticket that remains unpaid after twenty-eight days of having been served. (16) A ticket filed with the Clerk of Court is evidence of the facts alleged in the ticket without proof of the signature or official character of the person appearing to have completed the ticket or the person on whom the ticket was served. (17) Except as otherwise provided, a notice or document required or authorised to be given or delivered under this section may be given or delivered personally by registered mail or by other prescribed means. (18) Evidence that a notice or document required or authorised to be given or delivered to a person under this section was sent by registered mail or any other prescribed means to the person at the last known place of abode or business address appearing on a ticket, certificate of service or other document in the court file, is sufficient evidence that the notice or document was given or delivered to the person, unless the contrary is proved. (19) A person who is convicted of a ticketable offence in a trial requested under subsection (12) or in a trial as a result of a failure to exercise the options under subsection (10) may be liable to a fine greater than the fixed penalty provided for that ticketable offence but not exceeding the maximum fine provided for that offence under this Act. (20) The ticket, for the purposes of a trial under subsection (12) and subsection (14), is deemed to be a complaint within the meaning of section 14 of the Criminal Procedure Code (2026 Revision). (21) Notwithstanding anything in law to the contrary, where the ticket remains unpaid at the expiration of the time specified for the payment of the fixed penalty or where the person served requests a trial the ticket shall be deemed to be a summons issued in accordance with section 15 of the Criminal Procedure Code (2026 Revision). (22) Proceedings in respect of an offence deemed to be instituted by a ticket under this Act shall not be listed for hearing in Court unless \u2014 Trade and Business Licensing Act (2026 Revision) (a) the trade officer delivers the duplicate of the ticket with an endorsement stating that the fixed penalty had not been received within the twentyeight-day period within which it was payable; and (b) a period of ten days has elapsed from the last day on which the fixed penalty was payable. (23) Where the fixed penalty is not paid within the time specified in the ticket or the person served requests a trial, proceedings in respect of the offence specified in the ticket shall be in accordance with the procedure set out for Category C offences under the Criminal Procedure Code (2026 Revision).\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_36\", \"num\": \"36.\", \"text\": \"Appeals Tribunal 36. (1) For the purposes of this Act, there is established an Appeals Tribunal which shall comprise the following members \u2014 (a) a Chairperson who shall be an attorney-at-law; (b) a Deputy Chairperson; and (c) three other members, all of whom shall be appointed by the Cabinet for a period not exceeding two years. (2) For the purpose of exercising its jurisdiction under this Act, the Appeals Tribunal shall sit and be duly constituted to hear and determine appeals with three of its members sitting together, one of whom shall be the Chairperson or in the absence of the Chairperson, the Deputy Chairperson. (3) The Chairperson or, in absence of the Chairperson, the Deputy Chairperson shall preside over meetings of the Appeals Tribunal. (4) The Cabinet shall appoint a person to be the secretary to the Appeals Tribunal who shall record and keep all minutes of the meetings, proceedings and decisions of the Appeals Tribunal, and such secretary shall have no right to vote. (5) The Appeals Tribunal shall meet at such times as may be necessary or desirable in the public interest. (6) If a member of the Appeals Tribunal has any personal or pecuniary interest, direct or indirect, in any matter which is to be determined by the Tribunal, the member shall, if present at the meeting of the Tribunal at which such matter is to be determined, as soon as practicable after the commencement of the meeting, disclose the fact, and shall not take part in the consideration or discussion of such matter or vote on any question with respect to the matter. (7) The Appeals Tribunal shall reach its decision by a majority of votes of its members present and voting at a meeting and the Chairperson or Deputy Chairperson or other member of the Appeals Tribunal presiding at the meeting shall, in addition to the original vote, have a casting vote. Trade and Business Licensing Act (2026 Revision) (8) Subject to subsections (3) to (7), and sections 37 and 38, the Appeals Tribunal shall regulate its own procedure.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_37\", \"num\": \"37.\", \"text\": \"Appeals from decisions of the Board 37. (1) A person aggrieved by, or dissatisfied with, a decision of the Board made under this Act may, within twenty-eight days of the communication of the decision, or such longer period as the Appeals Tribunal may allow for good cause shown, appeal against that decision to the Appeals Tribunal. (2) For the purposes of subsection (1), the decision shall, if notice of it is sent to a person by registered mail, be deemed to have been communicated to the person at the time at which it would have been received.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_38\", \"num\": \"38.\", \"text\": \"Conduct of appeals 38. (1) Appeals under section 37 shall be by notice in writing addressed to the Appeals Tribunal, and shall specify \u2014 (a) the decision against which the appeal is made; (b) the Board\u2019s reasons for its decision; (c) the grounds of the appeal; and (d) whether the appellant wishes to be heard personally or by a representative, and the notice of appeal shall be accompanied by the non-refundable processing fee specified in Schedule 1. (2) On receipt of the notice of appeal, the Appeals Tribunal shall, where the appellant has applied to be heard personally or by a representative, decide whether the appellant shall be so heard and, if it is so decided, fix a time and date for such hearing and shall notify the appellant and the Board thereof. (3) At the hearing of an appeal where the appellant or the appellant\u2019s representative is present, the appellant or the representative shall be given an opportunity to address the Appeals Tribunal, and a representative of the Board shall be heard in answer if called upon by the Appeals Tribunal in that behalf, and the Appeals Tribunal may call upon either party to address it further. (4) Representatives of either party need not be persons having legal qualifications. (5) The decision of the Appeals Tribunal shall be communicated to the appellant and the Board no later than twenty-eight days after the hearing. (6) On an appeal, the Appeals Tribunal may make such order in accordance with this Act as it thinks fit. (7) An appeal may be made to the Grand Court from a decision of the Appeals Tribunal on a point of law only. (8) The Cabinet may make regulations prescribing the procedure and forms to be used for appeals under this section. Trade and Business Licensing Act (2026 Revision)\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_39\", \"num\": \"39.\", \"text\": \"Offences by officers of body corporate 39. (1) Where an offence under this Act which has been committed by a body corporate is proved to have been committed with the consent or connivance of, or to be attributable to any neglect on the part of any director, manager, secretary or other officer of the body corporate or any person who was purporting to act in any such capacity, the officer or any person purporting to act in that capacity, as well as the body corporate commits that offence and are both liable to be proceeded against and punished accordingly. (2) Where the affairs of a body corporate are managed by its members, subsection (1) shall apply in relation to the acts and defaults of the member in connection with the member\u2019s functions of management as if the member were a director of the body corporate.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_40\", \"num\": \"40.\", \"text\": \"Regulations 40. (1) The Cabinet may make regulations prescribing all matters that are required or permitted by this Act to be prescribed or as are necessary or convenient to be prescribed for giving effect to the purposes of this Act. (2) Regulations made pursuant to subsection (1) may \u2014 (a) prescribe categories of licences and impose conditions for such categories of licences; (b) reserve specified businesses and specified categories of licences for Caymanians and may impose restrictions or prohibitions on the carrying out of specified businesses and the granting of specified categories of licences to persons who are not Caymanian; (c) grant, from time to time, incentives to micro businesses and small businesses in the form of reduced licensing fees or schedules for the payment of licensing fees under this Act; (d) create offences punishable by a fine not exceeding five thousand dollars; (e) amend the definition of the terms \u201cmicro business\u201d and \u201csmall business; and (f) amend Schedules 1, 2 and 3.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_41\", \"num\": \"41.\", \"text\": \"Repealed 41. The Trade and Business Licensing Law (2007 Revision) was repealed by section 41 of the Trade and Business Licencing Act, 2014 [Law 21 of 2014]. Trade and Business Licensing Act (2026 Revision)\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_42\", \"num\": \"42.\", \"text\": \"Savings and transitional provisions 42. (1) Every application for a licence or renewal of a licence under the repealed Trade and Business Licensing Law (2007 Revision), in this section referred to as \u201cthe repealed Law\u201d, that has not been wholly dealt with by the Board when this Act comes into force shall be processed in the manner that the application would have been processed under the repealed Law and on the grant of the licence, the Board shall direct the licensee of any steps to be taken by the licensee in order that there is compliance with this Act and the period of time within which the steps shall be taken, such directions having the same legal effect as directions under section 28. (2) Any approval, decision, appeal or other matter in progress under the repealed Law that has not been wholly dealt with by the Board or other person or body when this Act comes into force shall be handled as the respective matter would have been handled under the repealed Law until the matter is wholly dealt with. (3) Except as otherwise expressly provided in this Act every civil matter and proceeding commenced in any court under the repealed Law and pending or in progress immediately before this Act comes into force may be continued, completed and enforced under this Act. (4) All proceedings in respect of offences committed in contravention of the repealed Law may be commenced or continued as if this Act had not come into force. (5) Subject to subsection (6), every licence, approval, incentive, temporary reduction in fees or direction made or granted under the repealed Law and in force immediately before this Act comes into force shall continue in force after this Act comes into force on the same conditions and with the same effect as if they had been made or granted in accordance with this Act. (6) A licensee existing at the coming into force of this Act who is not in compliance with this Act shall comply within six months of the coming into force of this Act or such longer period as the Board may, for good cause shown, permit. (7) Every form issued or prescribed for use under the repealed Law is to be regarded as issued or approved for use under this Act until another form is issued or prescribed for use under this Act in place of that form. (8) Where any period of time specified in the repealed Law is current at the coming into force of this Act, and there is a corresponding provision in this Act, this Act shall have effect as if that corresponding provision had been in force when that period began to run. Trade and Business Licensing Act (2026 Revision) SCHEDULE 1 SCHEDULE 1 (sections 18, 21, 23, 25, 32, and 38) FEES Part A Description Fee 1. Application fee (nonrefundable) 18(2)(e) $75 for each year of the period that is to be specified in the relevant licence in accordance with the application for the grant of the licence 2. Licence fee 18(2)(f) As set out in the respective category in Part B but payable at the time of the grant of the licence for each year of the period that is to be specified in the relevant renewed licence 3. Renewal fee 18(2)(f), 23(2) As set out in the respective category in Part B but payable at the time of the grant of the licence for each year of the period that is to be specified in the relevant renewed licence SCHEDULE 1 Trade and Business Licensing Act (2026 Revision) 4. Re-submission fee 18(5) $50 5. Expedited licence fee 21(5) $400 (In addition to the relevant licence fee in No. 2 and the processing fee.) 6. Expedited renewal of licence fee 21(5) $100 (In addition to the relevant licence fee in No. 2 and the processing fee.) 7. Amendment fee $50 8. Inspection of Register fee 32(3) $10 9. Non-refundable processing fee (Appeals) 38(1) $100 Part B The respective licence fee and renewal fee are as set out below and are payable for each year of the period that is to be specified in the relevant licence \u2014\u2014 Professional For the purposes of this heading \u2014 \u201caffiliated agent\u201d means a real estate agent who trades under, or holds out to be affiliated with, a name that is the same as, or similar to, or the derivative of, the name of a real estate agency licensed under this Act under item 11; \u201ccomputer specialist\u201d means a person (whether industry certified or not) involved in the development, assembly, building, maintenance or repair of computer equipment and computer programmes or similar work relating to computers; \u201cdeals in\u201d, for land, means to deal, or offer to deal in the land, or both, by any or all of the following transactions relating to the land \u2014 (a) purchases; (b) sales; or (c) rentals, tenancies or leasing; \u201cfirm\u201d means a company, a partnership or other business enterprise; Trade and Business Licensing Act (2026 Revision) SCHEDULE 1 \u201cmember\u201d means a partner, director, associate or other professional; \u201cother professional\u201d means \u2014 (a) a person who engages in a trade or business (such as an accountant, actuary, architect, engineer, statistician and surveyor) which is different from the employer\u2019s main trade or business; and (b) a person who provides chargeable services in a trade or business to the employer\u2019s customers; \u201cprofessional\u201d includes accountant, actuary, architect, civil engineer, electrical engineer, land surveyor, mechanical engineer, quantity surveyor, statistician, surveyor, or similar profession; and \u201coutsourced employee\u201d means a person who \u2014 (a) is employed in a trade or business which provides staffing for other businesses and is deployed to work in other trades or businesses for short periods of time or on a long term basis; and (b) provides chargeable services in the trade or business to the employer\u2019s customers. Category of trade or business Fee 1. Accountant including auditor, actuary, bookkeeper and statistician $2,000 for each professional member of the business 2. Accountancy firms \u2014 the fee in No.1 for each accountant employed by the firm is in addition to the fee set out below \u2014 (a) A firm of 1-5 accountants and other professionals; Exempt (b) A firm of 6-10 accountants and other professionals; $20,000 (c) A firm of 11-15 accountants and other professionals; $40,000 (d) A firm of 16-20 accountants and other professionals; $60,000 (e) A firm of 21-25 accountants and other professionals; $200,000 (f) A firm of 26-30 accountants and other professionals; $250,000 (g) A firm of 31-40 accountants and other professionals; $300,000 (h) A firm of 41-50 accountants and other professionals; $350,000 (i) A firm of 51 or more accountants and other professionals $400,000 3. Agency providing temporary employees $1,000 for each agency and $750 for each outsourced employee SCHEDULE 1 Trade and Business Licensing Act (2026 Revision) Outsourced employee fee not applicable where employee is Caymanian 4. Agent including airline, shipping or travel agent, salesman, immigration assistance agent, advertising agent, consultant, and any other professional agent not mentioned herein $1,000 5. Auctioneer being a person other than a Government officer or an officer of the Court acting in the course of the duties of the auctioneer who sells or offers for sale any kind of property or right to property to another whether by public auction or private treaty $750 for each professional member of the business 6. Broker 7. Computer specialist being a person who, for a commission or other reward, negotiates contracts between other brokers or principals and includes a commission agent, a del credere agent and factor $750 for each professional member of the business $1,500 8. Firms of professionals in the construction sector (accountants excluded) In addition to the fee at No. 10 for each professional employed in the firm \u2014 (a) A firm of 1-5 professionals; Exempt (b) A firm of 6-10 professionals; $1,500 (c) A firm of 11-15 professionals; $2,500 (d) A firm of 16-20 professionals; $4,000 (e) A firm of 21-25 professionals; or $5,000 (f) A firm of 26 or more professionals $10,000 9. Property developer being a person who carries out property development $750 10. Professionals in the construction sector (accountants excluded) including architect, civil engineer, electrical engineer, mechanical engineer, land surveyor, quantity surveyor or any other professional in the construction sector $1,500 for each professional member of the business 11. Real estate agency or real estate agent, or both a real estate agency (an \u201cagency\u201d) or being a real estate agent (an \u201cagent\u201d), or both, who as an agent deals in land $750 for each agency, plus an additional $750 for each affiliated agent of the agency; or $750 for a selfemployed agent who is not an affiliated agent Trade and Business Licensing Act (2026 Revision) SCHEDULE 1 12. Recruitment and selection agency $1,000 in addition to $750 for each outsourced employee Trades and Technical Category of trade or business Fee 1. Baker including a person carrying on the business of making bread, buns, cakes, biscuits, pastry and any other article of food incidental thereto \u2014 a business employing 7 or fewer persons $350 a business employing 8 to 15 persons $1,000 a business employing 16 or more persons $3,000 2. Barber any person engaged in the trimming and styling of men\u2019s hair $150 3. Building and Engineering Trade including any person carrying on the business of a mason, carpenter, joiner, plasterer, painter, electrician, plumber, welder or other trade within the construction industry with less than ten employees $750 4. Car and Scooter rental or Car and Scooter Equipment Rental, or both $300 5. Car wash including mobile car wash $300 6. Gardening including landscaping $300 7. Health and fitness business including personal trainers $300 8. Janitorial $300 9. Hairdresser or Massaging Spa Operator (nonmedical), or both including beautician, manicurist and pedicurist $350 10. Job Printer including all persons carrying on the business of printing other than newspaper printing $500 11. Launderer including any person carrying on the business of cleaning of wearing apparel, household textiles and other materials by means of immersion in water or otherwise with or without the addition of soap, dry solvent or other cleaning aids and includes the pressing or ironing of any such material by any means whatsoever save laundry services rendered by $300 SCHEDULE 1 Trade and Business Licensing Act (2026 Revision) individuals or family units in premises not normally open to the public 12. Music and dance schools $300 13. Photography and videography services $300 14. Pre-school care and child care $300 15. Property Management or Property Maintenance, or both including office equipment and minor building maintenance $300 16. Recycling $300 17. Retailer including any person who buys from a merchant or who themselves imports and offers for sale direct to the public in small quantities and who manufactures and sells that person\u2019s own products \u2014 for a business with 800 square feet or less of selling area \u2014 $200 for a business with 801-1200 square feet of selling area \u2014 $450 for a business with 1201-1500 square feet of selling area \u2014 $1200 for a business with 1501-2000 square feet of selling area \u2014 $2000 for a business with 2001-4000 square feet of selling area \u2014 $3000 for a business with more than 4000 square feet of selling area \u2014 $4000 17A.Dealer in Precious Metals and Stones being a person who buys or sells precious metals, precious stones or jewellery in the course of its business activities \u2014 for a business with 800 square feet or less of selling area \u2014 $200 for a business with 801-1200 square feet of selling area \u2014 $450 for a business with 1201-1500 square feet of selling area \u2014 $1,200 for a business with 1501-2000 square feet of selling area \u2014 $2,000 for a business with 2001-4000 square feet of selling area \u2014 $3000 for a business with more than 4000 square feet of selling area \u2014 $4000 Trade and Business Licensing Act (2026 Revision) SCHEDULE 1 18. Service Station, Garage or Marina including any person carrying on the business in any premises of fuelling motor vehicles with petroleum or diesel or of lubricating such vehicles or of repairing tyres or tubes of such vehicles and also includes any marina for the servicing of sailing or power boats \u2014 for a business which consists only of a service station \u2014 $800 for a business which consists of a garage or marina, with or without service station \u2014 $800 for a business which consists of a service station with or without a garage or marina, but with a convenience store of 800 square feet or less of selling area \u2014 $1500 for a business which consists of a service station with or without a garage or marina, but with a convenience store of 801 square feet or more of selling area \u2014 $2000: Provided that any service station or garage on Grand Cayman other than in West Bay or George Town shall pay at the rate of fifty per cent. 19. Shoe Repairs including a person who repairs boots and shoes $150 20. Super Cargo including the master or other person selling goods on board any vessel within the waters of the Islands, excluding local persons who fish $600 21. Tailor including a dressmaker and a fitter and repairer of clothes $150 22. Training Including education and career guidance services $300 23. Undertaker including a mortician and an embalmer $600 24. Weddings, event planning, disc jockeys, entertainment $300 25. Security and Investigation $300 26. Payday Lending including a person carrying on the business of private investigation, debt collection or serving summonses or other legal process, and similar business operations being in the business of making cash loans or cash advances $300 27.  Courier Services being in the business of transporting packages or documents $300 28. Graphic and Web Design $300 SCHEDULE 1 Trade and Business Licensing Act (2026 Revision) Commerce Category of trade or business Fee 1. Bulk Fuel Installation being the business of storing, for distribution to other persons, petroleum products or other fuel products, except propane gas $125,000 Propane gas $12,500 2. Contractor including any person carrying on the business of building or civil engineering contracting or labour broking (a) a business employing ten or fewer persons \u2014 (b) a business employing eleven or more persons \u2014 $1,000 $3,500 any other person, being a company carrying on such a business, to whom a licence has been granted under section 11(1) of the Local Companies (Control) Act (2025 Revision) $25,000 3. Merchants and Wholesalers including a person who imports or holds goods for sale or resale to retailers \u2014 for a business with 800 square feet or less of selling area \u2014 $2,000 for a business with 801-1200 square feet of selling area \u2014 $2,250 for a business with 1201-1500 square feet of selling area \u2014 $3,000 for a business with 1501-2000 square feet of selling area \u2014 $4,000 for a business with 2001-4000 square feet of selling area \u2014 $6,000 for a business with more than 4000 square feet of selling area \u2014 $7,500 4. Restaurateur including any person other than a hotel operator or a guest house operator carrying on, in any premises, the business of selling, or offering for sale, food or drink for human consumption on or off the premises \u2014 for a business with seats for 30 or fewer customers \u2014 $325 for a business with seats for 31 to 60 customers \u2014 $500 for a business with seats for 61 to 100 customers \u2014 $1,000 for a business with seats for 101 to 150 customers \u2014 $1,600 for a business with seats for 151 to 200 customers \u2014 $2,500 for a business with seats for more than 200 customers \u2014 $3,500 5. Secondhand dealer Excluding exempt persons $1,000 6. Vendor of intoxicating liquor being a business which is an applicant for a licence or the renewal of a licence under the Liquor Licensing Act (2019 Revision) but excluding merchants and wholesalers, restaurateurs, service stations and any other business for which the disposal of intoxicating liquor is only a part of the goods or services offered and for which this Schedule provides an appropriate category $100 Trade and Business Licensing Act (2026 Revision) SCHEDULE 1 Industry, Agriculture and Primary Activities Category of trade or business Fee 1. Agricultural production and agro based industries including turtle, poultry and animal husbandry, hydroponics Exempt 2. Block making, quarrying and building materials including any person carrying on the business of making blocks or building components $4,000 3. Jewellery manufacturer $400 4. Miscellaneous manufacturing $400 5. Newspaper Printer being any person carrying on the business of printing and publishing a newspaper or magazine- $2,000 per publication 6. Transportation \u2022 Land including any person operating a public bus, taxi or jitney service $250 \u2022 Sea including any person operating ferries, etc., or water sports service $200 7. Utility Services including the operating of desalination or well water services providing water to the public; the provision of a service for emptying cesspools and septic tanks \u2014 a bulk water distributor\u2019s business \u2014 $5,000 a retail water distributor\u2019s business \u2014 $2,000 a business of emptying or maintaining cesspools or septic tanks \u2014 $300 any other person being a company carrying on such a business to whom a licence has been granted under section 11(1) of the Local Companies (Control) Act (2025 Revision) \u2014 $5,000 Miscellaneous Category of trade or business Fee Any other business or trade not specified herein in which a service is offered for reward $300 A non-resident company or an exempted company or limited liability company $800 Licensing Fee for Little Cayman and Cayman Brac A trade or business carried out in Cayman Brac or Little Cayman the relevant fee shall be fifty percent of the respective licence fee or renewal fee set out in this Schedule. SCHEDULE 2 Trade and Business Licensing Act (2026 Revision) SCHEDULE 2 (section 35) TICKETABLE OFFENCES Description of ticketable offence Fixed Penalty 1. Carrying on a trade or business in or from within the Islands without a valid licence (first offence only). Any further contravention of this provision shall not be considered as a ticketable offence. 17(1) $500 2. Destroying or altering or causing to be destroyed or altered, any document, record, equipment or other property found in the course of a search. 17(6)(a) $2,500 Hindering or obstructing or preventing or interfering with a trade officer or police officer in the exercise of any power under this Act 17(6)(b) $2,500 4. Failing to remove all advertising in contravention of section 17 17(6)(c) $500 5. Failing to comply with a condition or restriction 21(4) $1000 6. Failing to display licence as required 22(1) $100 7. Failing to notify Board of change of address 26(1) $100 8. Hindering or obstructing or preventing or interfering with the Board in the exercise of its powers under section 28. 28(2)(a) $2,500 9. Failing without reasonable excuse to answer any question relating to any register, book, 28(2)(b) $2,500 Trade and Business Licensing Act (2026 Revision) SCHEDULE 2 record or other document or any relevant matter when required to do so by the Board. 10. Failing to comply with a direction of the Board. 28(5) $1,000 11. Using the word \u201clicensed\u201d in juxtaposition with any word describing a trade or business carried out by the licensee on the ground only that the licensee is licensed under this Act. 34(1) $2,500 SCHEDULE 3 Trade and Business Licensing Act (2026 Revision) SCHEDULE 3 (sections 35 and 40) FORM OF TICKET (2026 Revision) FRONT OF TICKET TICKET NUMBER NAME OF PERSON & DATE OF BIRTH: DATE & TIME: TRADE OR BUSINESS NAME\/LICENCE No.: LOCATION: TELEPHONE & EMAIL: LIST OF TICKETABLE OFFENCES No. Description of ticketable offence. Fixed penalty Tick relevant box 1. Carrying on a trade or business in the Islands without a valid licence (first offence) 17(1) TBL $500 \u206e 2. Destroying or altering or causing to be destroyed or altered, any document, record, equipment required to be produced 17(6)(a)TBL $2,500 \u206e Hindering or obstructing or preventing or interfering with a trade officer or police officer in the exercise of  the trade officer\u2019s or the police officer\u2019s powers under this Act 17(6)(b)TBL $2,500 \u206e 4. Fails to remove all advertising in contravention of section 17(6)(c)TBL $500 5. Failing to comply with a condition or restriction 21(4) TBL $1000 6. Failing to display licence as required 22(1) TBL $100 7. Failing to notify Board of change of address 26(1) TBL $100 8. Hindering or obstructing or preventing or interfering with the Board in the exercise of the Board\u2019s powers under this Act. 28(2)(a)TBL $2,500 \u206e 9. Failing without reasonable excuse to answer any question relating to any register, book, record or other document or any relevant matter when required to do so by the Board. 28(2)(b)TBL $2,500 10. Failing to comply with a direction of the Board. 28(5) TBL $1,000 \u206e 11. Using the word \u201clicensed\u201d in juxtaposition with any word describing a trade or business carried on by the licensee on the ground only that the licensee is licensed under this Act. 34(1) TBL $2,500 \u206e Trade and Business Licensing Act (2026 Revision) SCHEDULE 3 I, the undersigned trade officer of the Department of Commerce and Investment, have reason to believe that _____________________________________________________ (Name of Person) has committed the following ticketable offence detailed in the second column with the respective fixed penalty in the fourth column \u2014 _______________________________________________________________________________________ _ the facts being that ________________________________________________________________________ _______________________________________________________________________________________ _ _______________________________________________________________________________________ _ _______________________________________________________________________________________ _ (Provide a summary of the facts of offence and the provision contravened) Time and place at which offence committed: ___________________________________________________ _______________________________________________________________________________________ The person on whom this ticket is served \u2014 (a) may pay the fixed penalty prior to the ________ day of _________, 20___; (b) may enter a plea of \u201cnot guilty\u201d up to twenty-eight days after being served and indicate now an intention to plead \u201cnot guilty\u201d by ticking box \uf06f; or (c) where the ticket is not paid or there is no notification of an intention to plead \u201cnot guilty\u201d, must attend the Summary Court: in Grand Cayman, at 10 am on Tuesday, _______________________ 20 ; in Cayman Brac, at 10 am on Thursday, ________________________ 20 I am an officer authorised by the Department of Commerce and Investment and I certify that I served this ticket on the person named on the date and time stated above. _______________________________ _________________________ (Name of Officer) (Signature) PLEASE SEE BACK OF TICKET Criminal proceedings shall not commence until thirty-eight days after being served with this ticket. If you fail to pay the fixed penalty or to attend Court, a warrant of arrest may be issued and you may be kept in custody until you can be brought before the Court. BACK OF TICKET PLEASE READ CAREFULLY 1. PAYMENT You may discharge liability to being convicted by delivering a copy of this ticket and the total amount of the penalty set out in this ticket to the Department of Commerce and SCHEDULE 3 Trade and Business Licensing Act (2026 Revision) Investment at the address indicated below prior to the date set out at (a) on the Front of Ticket, being twenty-eight days after the service of this ticket. Payments by cheque or money order are to be made payable to the Cayman Islands Government. Please print the ticket number on the front of the cheque or money order. 2. PLEA OF NOT GUILTY If you wish to plead not guilty, deliver a copy of the ticket to the Clerk of Court within 28 days of being served with this ticket. You must attend court on the date given at (c) on the Front of Ticket. You may deliver the copy of the ticket to the Clerk of Court \u2014 (i) where ticket is served in Grand Cayman by taking a copy of the ticket to the Criminal Registry at the Court, George Town on any working day between 9 am and 3 pm or by sending the copy of the ticket by email to TBLTickets@judicial.ky; or (ii) where ticket is served in Cayman Brac or Little Cayman, by sending the copy of the ticket by email to TBLTickets@judicial.ky or taking a copy of the ticket to the Department of Commerce and Investment at the Bodden and Bodden Building #143 Stake Bay. 3. FAILURE TO PAY Consequent on your failure to pay the fixed penalty specified in paragraph (a) or to enter a plea under paragraph (b), you are summoned to appear at the Summary Court at George Town or, where served on Cayman Brac or Little Cayman, at Cayman Brac at 10:00 a.m. on the date set out at paragraph (c) on this ticket. If you fail to appear, the magistrate may issue a warrant of arrest to compel your attendance. The date of the hearing shall be no less than thirty-eight days after the service of the ticket. NOTICE This ticket may be used as evidence of the Department or the Board Submit or send payment to: The Department of Commerce and Investment, Government Administration Building, Elgin Avenue, George Town or at the District Administration Office in Cayman Brac or Little Cayman. Hours of operation - (George Town and Cayman Brac): 8:30 am - 4:00 pm; (Little Cayman): 9:00 am - 4:00 pm Trade and Business Licensing Act (2026 Revision) SCHEDULE 3 Publication in consolidated and revised form authorised by the Cabinet this 28th day of January, 2026. Kim Bullings Clerk of the Cabinet Trade and Business Licensing Act (2026 Revision) ENDNOTES ENDNOTES Table of Legislation history: SL # Act\/Law # Legislation Commencement Gazette 14\/2025 Trade and Business Licensing (Amendment of Schedule 1) Regulations, 2025 27-Feb-2025 LG17\/2025\/s1 Trade and Business Licensing Act (2021 Revision) 25-Feb-2021 LG18\/2021\/s4 56\/2020 Citation of Acts of Parliament Act, 2020 3-Dec-2020 LG89\/2020\/s1 27\/2019 Trade and Business Licensing (Amendment) Law, 2019 1-Jun-2020 LG42\/2020\/s1 Trade and Business Licensing Law (2019 Revision) 21-Feb-2019 LG4\/2019\/s8 2\/2018 Trade and Business Licensing (Amendment) Law, 2018 18-Jun-2018 GE33\/2018\/s1 39\/2015 Trade and Business Licensing (Amendment of Schedules) Regulations, 2015 1-Jan-2016 GE99\/2015\/s3 21\/2018 Trade and Business Licensing (Amendment) Law, 2018 (Commencement) Order, 2018 15-Jun-2018 GE47\/2018\/s1 Trade and Business Licensing Law (2018 Revision) 28-Mar-2018 GE26\/2018 s3 8\/2017 Trade and Business Licensing (Amendment) Law, 2017 26-May-2017 GE43\/2017\/s2 50\/2015 Trade and Business Licensing Law, 2014 (Commencement) Order, 2015 18-Dec-2015 GE99\/2015\/s2 21\/2014 Trade and Business Licensing Law, 2014 1-Jan-2016 G2\/2015\/s3 ENDNOTES Trade and Business Licensing Act (2026 Revision) (Price: $10.40)\", \"element\": \"section\", \"heading\": null}], \"meta\": {\"notes\": null, \"workflow\": null, \"lifecycle\": {\"source\": \"#cilegis\", \"eventRef\": [{\"eId\": \"e_commence_2026_02_12\", \"date\": \"2026-02-12\", \"type\": \"generation\", \"source\": \"#cilegis\"}]}, \"references\": {\"source\": \"#canary\", \"TLCRole\": [], \"TLCEvent\": [{\"eId\": \"ev_commencement\", \"href\": \"\/akn\/ontology\/canary\/event\/commencement\", \"showAs\": \"commencement\"}], \"TLCPerson\": [], \"TLCConcept\": [{\"eId\": \"inForce\", \"href\": \"\/akn\/ontology\/canary\/concept\/temporal\/in-force\", \"showAs\": \"in force\"}], \"TLCProcess\": [], \"TLCLocation\": [], 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with Legislation Gazette No. 9 of 12th February, 2026.\n\nPage 2\nRevised as at 31st December, 2025\nc\n\nPUBLISHING DETAILS\nLaw 21 of 2014 consolidated with Laws 8 of 2017, 2 of 2018, 27 of 2019 and 56 of 2020\nand as amended by the Cayman Islands Constitution (Amendment) Order 2020 (UKSI\n2020 No. 1283), and SL 14 of 2025.\n\nRevised under the authority of the Law Revision Act (2020 Revision).\n\nOriginally enacted \u2014\nLaw 21 of 2014-27th November, 2014\nLaw 8 of 2017-27th March, 2017\nLaw 2 of 2018-16th March, 2018\nLaw 27 of 2019-6th December, 2019\nAct 56 of 2020-7th December, 2020.\n\nOriginally made \u2014\nRegulations, 2015-16th December, 2015\nU.K. Order 2020-11th November, 2020\nRegulations, 2025-25th February, 2025.\n\nConsolidated and revised this 31st day of December, 2025.\n\nNote (not forming part of this Act): This revision replaces the 2021 Revision which\nshould now be discarded\n\nTrade and Business Licensing Act (2026 Revision)\nArrangement of Sections\n\nc\nRevised as at 31st December, 2025\nPage 3\n\nCAYMAN ISLANDS\n\nTRADE AND BUSINESS LICENSING ACT\n(2026 Revision)\nArrangement of Sections\nSection\nPage\nPART 1 - PRELIMINARY\n1.\nShort title ...................................................................................................................................5\n2.\nInterpretation .............................................................................................................................5\n3.\nApplication .................................................................................................................................9\nPART 2 - TRADE AND BUSINESS LICENSING BOARD AND\nTRADE OFFICERS\n4.\nEstablishment of the Board ...................................................................................................... 10\n5.\nFunctions of the Board ............................................................................................................. 10\n6.\nDelegation by the Board .......................................................................................................... 10\n7.\nTrade officers........................................................................................................................... 10\n8.\nPolicy directions ....................................................................................................................... 11\n9.\nComposition of the Board ........................................................................................................ 11\n10.\nAppointment and procedure of Board ...................................................................................... 11\n11.\nDisqualification from being a Board member ............................................................................ 13\n12.\nSecretariat ............................................................................................................................... 13\n13.\nValidity of any act .................................................................................................................... 13\n14.\nDuty of confidentiality ............................................................................................................... 13\n15.\nBoard members\u2019 interests ........................................................................................................ 13\n16.\nProtection from liability and indemnity ...................................................................................... 14\n\nArrangement of Sections\nTrade and Business Licensing Act (2026 Revision)\n\nPage 4\nRevised as at 31st December, 2025\nc\n\nPART 3 - LICENSING\n17.\nRequirement for licence ........................................................................................................... 14\n18.\nApplication for grant or renewal of a licence ............................................................................. 16\n19.\nRestriction on grant or renewal of a licence ............................................................................. 19\n20.\nRequest for additional information ........................................................................................... 21\n21.\nGrant of licence and expedited licence .................................................................................... 22\n22.\nEvidence of licence and public display of licence ..................................................................... 22\n23.\nValidity of licence and renewal fee ........................................................................................... 22\n24.\nTransfer of licence ................................................................................................................... 23\n25.\nAmendment of licence or Register particulars for licence ......................................................... 24\n26.\nNotification of changes of addresses, etc. ................................................................................ 24\n27.\nSurrender of licence................................................................................................................. 24\n28.\nBreaches by licensee ............................................................................................................... 25\n29.\nSuspension or revocation of licence ......................................................................................... 26\n30.\nRevocation order ..................................................................................................................... 27\n31.\nRevocation under Local Companies (Control) Act .................................................................... 27\n32.\nRegister ................................................................................................................................... 27\n33.\nPermission under other Laws................................................................................................... 28\n34.\nRestriction on the use of the word \u201clicensed\u201d ........................................................................... 28\nPART 4 - MISCELLANEOUS\n35.\nTicketable offences .................................................................................................................. 28\n36.\nAppeals Tribunal ...................................................................................................................... 31\n37.\nAppeals from decisions of the Board ........................................................................................ 32\n38.\nConduct of appeals .................................................................................................................. 32\n39.\nOffences by officers of body corporate ..................................................................................... 33\n40.\nRegulations ............................................................................................................................. 33\n41.\nRepealed ................................................................................................................................. 33\n42.\nSavings and transitional provisions .......................................................................................... 34\nSCHEDULE 1\n35\nFEES\n35\nSCHEDULE 2\n44\nTICKETABLE OFFENCES\n44\nSCHEDULE 3\n46\nENDNOTES\n51\nTable of Legislation history: ............................................................................................................... 51\n\nTrade and Business Licensing Act (2026 Revision)\nSection 1\n\nc\nRevised as at 31st December, 2025\nPage 5\n\nCAYMAN ISLANDS\n\nTRADE AND BUSINESS LICENSING ACT\n(2026 Revision)\n\nPART 1 - PRELIMINARY\n1.\nShort title\n1.\nThis Act may be cited as the Trade and Business Licensing Act (2026 Revision).\n2.\nInterpretation\n2.\nIn this Act \u2014\n\u201cagricultural product\u201d includes any animal or vegetable product of agriculture\nor husbandry but excludes animals retailed as pets;\n\u201cAppeals Tribunal\u201d means the tribunal established under section 36;\n\u201cBoard\u201d means the Trade and Business Licensing Board established under\nsection 4;\n\u201cCaymanian\u201d has the meaning assigned to that expression under section 2 of\nthe Immigration (Transition) Act (2022 Revision);\n\u201cCaymanian owned and controlled\u201d means, in the case of a company, where\nno less than sixty percent of \u2014\n(a)\nthe voting rights attached to each class of shares in the company is\nbeneficially held by Caymanians; and\n(b) the directors of the company are Caymanian,\n\nSection 2\nTrade and Business Licensing Act (2026 Revision)\n\nPage 6\nRevised as at 31st December, 2025\nc\n\nand that sixty percent of the voting rights and directorships is enjoyed by\nCaymanians, to the exclusion of any other person, and cannot by means of any\narrangement, artifice or device be exercised either directly or indirectly by\npersons who are not Caymanian;\n\u201cChairperson\u201d means the person appointed under section 9(a)(i) as\nChairperson of the Board;\n\u201cClerk of Court\u201d has the meaning assigned to that expression in section 2 of\nthe Grand Court Act (2026 Revision);\n\u201ccompany\u201d means \u2014\n(a)\na company registered under the Companies Act (2026 Revision), including\nan exempted company;\n(b) a limited liability company;\n(c)\na non-resident company; and\n(d) a company, body corporate or corporate entity incorporated under the laws\nof a jurisdiction outside the Islands;\n\u201ccompetent authority\u201d has the meaning given in section 2(1) of the Proceeds\nof Crime Act (2025 Revision);\n\u201cDepartment\u201d means the department of Government known as the Department\nof Commerce and Investment;\n\u201cDirector of Planning\u201d means the person appointed as such under section 4 of\nthe Development and Planning Act (2021 Revision);\n\u201cDNFBP\u201d has the meaning given in section 2(1) of the Anti-Money Laundering\nRegulations (2025 Revision);\n\u201ceconomic resources\u201d means assets of every kind, whether tangible or\nintangible, movable or immovable, which are not funds but can be used to obtain\nfunds, goods or services;\n\u201cexempted company\u201d means an exempted company registered under\nsection 164 of the Companies Act (2026 Revision);\n\u201cfinancing\u201d means the provision of funds or economic resources;\n\u201cfunction\u201d includes duty, power and role;\n\u201cfunds\u201d means financial assets and benefits of every kind, including \u2014\n(a)\ncash, cheques, claims on money, drafts, money orders and other payment\ninstruments;\n(b) deposits with relevant institutions or other persons, balances on accounts,\ndebts and debt obligations;\n(c)\npublicly and privately traded securities and debt instruments, including\nstocks and shares, certificates representing securities, bonds, notes,\nwarrants, debentures and derivative products;\n\nTrade and Business Licensing Act (2026 Revision)\nSection 2\n\nc\nRevised as at 31st December, 2025\nPage 7\n\n(d) interest, dividends and other income on or value accruing from or\ngenerated by assets;\n(e)\ncredit, rights of set-off, guarantees, performance bonds and other financial\ncommitments;\n(f)\nletters of credit, bills of lading and bills of sale;\n(g) documents providing evidence of an interest in funds or financial\nresources; and\n(h) any other instrument of export financing;\n\u201clicence\u201d means a licence granted under section 21;\n\u201clicence fee\u201d means the licence fee referred to in section 18(2)(f) and in\nSchedule 1;\n\u201clicensee\u201d means the holder of a valid licence granted under section 21;\n\u201climited liability company\u201d means a limited liability company registered under\nthe Limited Liability Companies Act (2025 Revision);\n\u201clisted entity\u201d means an entity that, under the Securities Investment Business\nAct (2020 Revision), has securities listed on a recognised securities exchange;\n\u201cmicro business\u201d means a business that employs less than five persons, not\nincluding the owner and has an annual gross revenue of two hundred and fifty\nthousand dollars or less;\n\u201cnon-LCC Law company\u201d means a company exempted by the Cabinet under\nsection 4(3) of the Local Companies (Control) Act (2025 Revision);\n\u201cnon-resident company\u201d has the meaning given in section 2(1) of the Local\nCompanies (Control) Act (2025 Revision);\n\u201cpremises\u201d includes any place, stall, vehicle or thing from which a business is\ncarried on, irrespective of whether it is fixed or movable or partly fixed or partly\nmovable;\n\u201cproliferation financing\u201d means the financing of \u2014\n(a)\nthe development or production; or\n(b) the facilitation of the development or production,\nof nuclear, radiological, biological or chemical weapons or systems\nfor their delivery;\n\u201cproperty development\u201d means carrying out work for any or all of the\nfollowing activities in relation to land (whether by its owner or by someone else\nwith the owner\u2019s consent) with a view to obtaining a reward from selling or\nleasing the land \u2014\n(a)\nconstructing or renovating a building or other structure;\n\nSection 2\nTrade and Business Licensing Act (2026 Revision)\n\nPage 8\nRevised as at 31st December, 2025\nc\n\n(b) making a material change (within the meaning of that term under the\nDevelopment and Planning Act (2021 Revision)) to the use of the land or\na building or other structure on the land; or\n(c)\nclearing, site works and other activities to prepare for the carrying out of\nan activity mentioned in paragraph (a) or (b);\n\u201cpublic place\u201d includes \u2014\n(a)\na road, footpath, footway, court, square, lane, alley, or thoroughfare of a\npublic nature opened to or used by the public as of right;\n(b) a place of public recreation;\n(c)\na beach;\n(d) a public building, public park, public garden or public reserve;\n(e)\na public wharf, pier or jetty; and\n(f)\nsuch other place to which the public has access;\n\u201crenewal fee\u201d means the renewal fee referred to in sections 18(2)(f) and 23 and\nSchedule 1;\n\u201cretailer\u201d includes a person \u2014\n(a)\nwho offers products as follows for sale directly to the public in small\nquantities \u2014\n(i)\nproducts bought directly from a merchant (including online or by\norder); or\n(ii) products that the person imports; or\n(b) who manufactures and sells their own products;\n\u201csecondhand dealer\u201d means any person, subject to any exemptions provided\nfor in any Law, who by way of the internet or otherwise \u2014\n(a)\nconducts business which consists wholly or partly of buying or acquiring\nsecondhand articles for the purpose of trade, sale or exchange or otherwise\ndealing in secondhand articles, including scrap metal or jewellery;\n(b) conducts business within the Islands and contracts with persons or entities\noutside of the Islands to purchase or sell any secondhand articles, including\nscrap metal or jewellery; or\n(c)\ncarries on the business of taking goods and chattels in pawn within the\nmeaning of sections 2 and 3 of the Pawnbrokers Act (1998 Revision) and\nas an adjunct to the pawnbroking business acquires, exchanges and\ndisposes of secondhand articles including scrap metal and jewellery,\nwhether or not the person is licensed as a secondhand dealer under this Act,\nincorporated under the Companies Act (2026 Revision), licensed as a\npawnbroker under the Pawnbrokers Act (1998 Revision) or operates by virtue\nof any other Law;\n\nTrade and Business Licensing Act (2026 Revision)\nSection 3\n\nc\nRevised as at 31st December, 2025\nPage 9\n\n\u201csignificant interest\u201d, in a company, means a holding or interest in the\ncompany or in any holding company of the company held or owned by a person,\neither alone or with any other person and whether legally or equitably, entitling\nor enabling the person, directly or indirectly \u2014\n(a)\nto control ten percent or more of the company\u2019s voting rights at its general\nmeetings; or\n(b) to a share of ten percent or more in \u2014\n(i)\nthe company\u2019s declared and paid dividends; or\n(ii) distributions of the company\u2019s surplus assets;\n\u201csmall business\u201d means a business that employs up to a maximum of twelve\npersons, not including the owner, and which has an annual gross revenue of up\nto seven hundred and fifty thousand dollars;\n\u201cSupervisory Authority\u201d has the meaning given in section 2(1) of the AntiMoney Laundering Regulations (2025 Revision);\n\u201ctrade or business\u201d includes \u2014\n(a)\na trade or business in a category of trade or business set out in Part B of\nSchedule 1;\n(b) the carrying out of the following, whether online, seasonally, occasionally\nor otherwise \u2014\n(i)\na profession, calling, vocation or occupation or trade;\n(ii) a manufacture, mercantile, wholesale or retail operation; or\n(iii) any kind of undertaking; and\n(c)\nthe carrying out of property development; and\n\u201ctrade officer\u201d means a public officer in the Department of Commerce and\nInvestment appointed as such.\n3.\nApplication\n3.\nThis Act does not apply to \u2014\n(a)\nany trade or business licensed or registered to be carried on as a trade or\nbusiness under another Law without reference to this Act, including where\nthat other Law exempts a person to whom it applies from registering, being\nlicensed or paying a fee;\n(b) the Caymanians who produce and sell agricultural products or cottage\nindustry products, including, for example, jams, jellies, heavy cakes,\nsauces and thatch work; and\n(ba) any Caymanian who is self-employed and who creates for sale artistic,\ndramatic, musical or literary works.\n(c)\nartisans, craftspersons and other persons who do not carry on a business of\ntheir own but are themselves employed by other persons;\n\nSection 4\nTrade and Business Licensing Act (2026 Revision)\n\nPage 10\nRevised as at 31st December, 2025\nc\n\n(d) self-employed Caymanians who fish; or\n(e)\nany corporation or body which satisfies the Board that it has been formed\nfor purposes of social or public welfare, religion, charity, art or science\nand that it applies its income and profits solely for promoting such\npurposes and does not permit the payment of any dividends to its members.\nPART 2 - TRADE AND BUSINESS LICENSING BOARD AND\nTRADE OFFICERS\n4.\nEstablishment of the Board\n4.\nThere is established a Board to be known as the Trade and Business Licensing Board.\n5.\nFunctions of the Board\n5.\nThe functions of the Board are \u2014\n(a)\nthe consideration of every application made in accordance with this Act;\n(b) the grant, renewal, suspension, amendment, revocation or refusal of a\nlicence in accordance with this Act;\n(c)\nthe enforcement of compliance with the provisions of this Act; and\n(d) such other functions as may be conferred upon the Board by this or any\nother Law.\n6.\nDelegation by the Board\n6.\n(1) The Board may delegate to the Department any or all of the Board\u2019s functions\nunder section 5(a), (b) and (c), except for the grant, suspension, revocation and\nrefusal of licences.\n(2) The Board may co-opt any person to attend any meeting of the Board at which\nit is proposed to deal with a particular matter, for the purpose of assisting or\nadvising the Board, but a co-opted person shall not have the right to vote.\n7.\nTrade officers\n7.\n(1) The Board shall be assisted by such trade officers as are necessary for the\npurposes of this Act.\n(2) Subject to subsection (3), trade officers shall have all the rights, powers,\nprivileges and immunities of a constable when performing the functions of trade\nofficers under this Act.\n(3) A trade officer shall have the authority and power to carry out such instructions\nas may be given by the Board or the Department in accordance with this Act\nand may exercise on behalf of the Board or the Department, any powers granted\nto the Board by this Act.\n\nTrade and Business Licensing Act (2026 Revision)\nSection 8\n\nc\nRevised as at 31st December, 2025\nPage 11\n\n(3A) The Board or Department may issue trade officers with the arms (other than\nfirearms) and other equipment (including, for example, batons, handcuffs and\nother protection or restraint devices) necessary to perform their functions.\n(4) The Chief Officer of the ministry with responsibility for commerce or Chief\nOfficer\u2019s designate shall assign such officers of the Department as is considered\nnecessary, to perform the functions of trade officers under this Act.\n(5) Each officer assigned under this section shall be provided with an identification\ncard prepared and signed by the Chief Officer or the Chief Officer\u2019s designate\nand the identification card shall contain the photograph of the respective officer.\n(6) The Director of the Department shall have the same rights, powers, privileges,\nand immunities conferred on a trade officer under subsection (2) when\nperforming functions under this Act.\n8.\nPolicy directions\n8.\nThe Cabinet may, after consultation with the Board, give such general directions as\nto the policy to be followed by the Board in the performance of its functions under\nthis Act as appear to it to be necessary in the public interest, and the Board shall give\neffect to any such directions.\n9.\nComposition of the Board\n9.\nThe Board shall comprise of \u2014\n(a)\nthe following persons appointed from the private sector by the Cabinet \u2014\n(i)\na Chairperson;\n(ii) a Deputy Chairperson; and\n(iii) four other members from the private sector; and\n(b) the following public officers who shall hold office by virtue of their public\nservice appointment \u2014\n(i)\nthe Director of Commerce and Investment or designate;\n(ii) the Director of Planning or designate; and\n(iii) the Director of Environmental Health of the Department of\nEnvironmental Health or designate.\n10.\nAppointment and procedure of Board\n10. (1) The Chairperson, Deputy Chairperson and other Board members referred to in\nsection 9(a) may hold office for a period of up to four years and shall be eligible\nfor re-appointment.\n(2) The Cabinet may appoint any person in the place of the Chairperson or any\nmember of the Board where the Chairperson or a member of the Board is\nremoved or has vacated the office.\n\nSection 10\nTrade and Business Licensing Act (2026 Revision)\n\nPage 12\nRevised as at 31st December, 2025\nc\n\n(3) The Chairperson or any member under section 9(a) may, at any time, resign the\noffice by instrument in writing addressed to the Cabinet and such resignation\nshall take effect as from the date of receipt of such instrument by the Cabinet.\n(4) The Board shall meet as may be necessary or expedient for the transaction of\nbusiness and such meetings shall be held at such places and times and on such\ndays as the Chairperson may determine.\n(5) If the Chairperson is absent from a meeting the Deputy Chairperson shall\npreside and if both the Chairperson and the Deputy Chairperson are absent the\nmembers present at the meeting shall elect one of their numbers to preside as\nChairperson.\n(6) The quorum for meetings of the Board shall be five members including the\nChairperson.\n(7) The decisions of the Board shall be by a majority of votes of members present\nand voting and, in addition to an original vote, the Chairperson shall have a\nsecond or casting vote in any case in which the voting is equal.\n(8) The Board shall have the power to delegate its duties and powers to consider\nexpedited licences from time to time to a sub-committee comprised of at least\nthree of its members, the majority of whom shall be members from the private\nsector, and the decisions of a subcommittee shall be by a majority of votes of\nmembers present and voting and, in addition to an original vote, the presiding\nmember shall have a second or casting vote in any case in which the voting is\nequal.\n(9) Minutes in proper form of each meeting shall be kept by the Secretariat and shall\nbe confirmed by the Chairperson as soon as practicable at a subsequent meeting.\n(10) Members of the Board or a sub-committee of the Board may participate in a\nmeeting of the Board or of the sub-committee, as the case may be, by means of\na conference telephone, computer or similar equipment providing real time\ncommunication and allowing the participants in the meeting to communicate\nwith each another at the same time, and participation by such means shall\nconstitute presence in person at the meeting of the Board or sub-committee.\n(11) The Board may, subject to this Act, make such rules as it thinks fit to regulate\nits procedures, its own internal management and the procedures and\nmanagement of any subcommittee of the Board and at its first meeting shall\napprove and adopt standing orders that will govern procedure in connection with\nits meetings.\n(12) For the purposes of this Part, \u201cminutes\u201d includes any electronic record or\ntranscript of votes or decisions made during a meeting that takes place by means\nof conference telephone, computer or similar equipment.\n\nTrade and Business Licensing Act (2026 Revision)\nSection 11\n\nc\nRevised as at 31st December, 2025\nPage 13\n\n11.\nDisqualification from being a Board member\n11. (1) A person who is an elected member of the Cayman Islands Parliament or a\nmember of the Cabinet shall not be appointed as a member of the Board or,\nwhere already appointed, remain as a member of the Board.\n(2) Members of the Board shall hold office at the Cabinet\u2019s pleasure.\n12.\nSecretariat\n12. (1) The Department is designated as the Secretariat to the Board.\n(2) The Secretariat shall be responsible for the day to day administration of the\nBoard and, to the extent of the authority delegated to it by the Board, shall be\nresponsible for the carrying out of the administrative duties of the Board, and\nshall provide the secretary who shall record and keep the minutes of all\nmeetings, proceedings and decisions of the Board.\n13.\nValidity of any act\n13. The validity of any act or proceeding of the Board shall not be affected by any\nvacancy among its members, or by any defect in the appointment of a member.\n14.\nDuty of confidentiality\n14. (1) The facts and particulars of, or relating to, any matter falling for consideration\nby the Board or any decision of the Board shall be treated as confidential by\neach Board member and by any person to whom the Board delegates its\nfunctions and any such facts or particulars shall not be disclosed otherwise than\nin the proper performance of duties under this Act or in compliance with an\norder of a court or tribunal of competent jurisdiction.\n(2) The failure of any Board member or any person to whom it delegates its\nfunctions to comply with subsection (1) is an offence and constitutes sufficient\nground for the termination of the appointment.\n(3) A person who contravenes subsection (1) commits an offence and is liable on\nsummary conviction to a fine of ten thousand dollars or to imprisonment for a\nterm of one year, or to both.\n(4) Any allegation of a breach of subsection (1) shall be fully investigated by a\nconstable of the rank of Inspector or above.\n15.\nBoard members\u2019 interests\n15. Where a Board member has a personal or pecuniary interest, direct or indirect, in any\nmatter which is to be determined by the Board, the member shall, if present at the\nduly constituted meeting of the Board at which such matter is to be determined, as\nsoon as practicable after the commencement of the meeting, disclose the fact and\nleave the meeting.\n\nSection 16\nTrade and Business Licensing Act (2026 Revision)\n\nPage 14\nRevised as at 31st December, 2025\nc\n\n16.\nProtection from liability and indemnity\n16. (1) A Board member shall not be liable in damages for anything done or omitted in\nthe discharge or purported discharge of the member\u2019s functions, responsibilities,\npowers and duties under this Act unless it is shown that the act or omission was\nin bad faith.\n(2) The Government shall indemnify a Board member against all claims, damages,\ncosts, charges or expenses incurred by that member in the discharge or purported\ndischarge of the member\u2019s functions, responsibilities, powers and duties under\nthis Act, except claims, damages, costs, charges or expenses caused by the bad\nfaith of that Board member.\nPART 3 - LICENSING\n17.\nRequirement for licence\n17. (1) A person shall not carry on a trade or business in or from within the Islands\nunless that person holds a valid licence issued under this Act for each type of\ntrade or business that the licensee is carrying on and in respect of each location\nfrom which such trade or business is being carried on, except where the\nprovisions of this Act do not apply to the person.\n(2) A person who contravenes subsection (1) commits an offence and is liable on\nsummary conviction \u2014\n(a)\nin the case of a first offence to a fine of ten thousand dollars or to\nimprisonment for a term of one year, or to both; or\n(b) in the case of a second or subsequent offence to a fine of twenty thousand\ndollars or to imprisonment for a term of two years, or to both.\n(3) Where the Board reasonably suspects or is informed that a person is\ncontravening subsection (1), a trade officer may lay before a Magistrate or a\nJustice of the Peace an information on oath setting out the grounds for the\nsuspicion and apply for the issue of a warrant to search the premises.\n(4) Where an application is made under subsection (3) for a warrant, the Magistrate\nor Justice of the Peace may issue a warrant authorising the trade officer to enter\nupon the premises, and search and inspect the premises with such assistance,\nincluding assistance from a police officer, and by such force as is necessary and\nreasonable, and to \u2014\n(a)\nexamine, inspect, make copies of, seize or remove any document or record\nthat the trade officer or police officer has reasonable grounds to believe is\nevidence of the commission of an offence; and\n\nTrade and Business Licensing Act (2026 Revision)\nSection 17\n\nc\nRevised as at 31st December, 2025\nPage 15\n\n(b) seize any equipment or other property found on the premises in the course\nof the search that the trade officer or police officer has reasonable grounds\nto believe is being used in the commission of an offence under this Act.\n(5) A licensee shall take steps to remove or discontinue any advertising pertaining\nto a trade or business that is in contravention of this section as soon as\npracticable and in any event not exceeding thirty days from the date of receipt\nof notification to remove or discontinue advertising in such form as may be\nprescribed.\n(6) A person who \u2014\n(a)\ndestroys or alters, or causes to be destroyed or altered, any document,\nrecord, equipment or other property found on the premises in the course of\na search under subsection (4);\n(b) hinders, obstructs, prevents or interferes with a trade officer or police\nofficer in the exercise of a power under this section; or\n(c)\nfails to remove all advertising in contravention of subsection (5),\ncommits an offence and is liable on summary conviction to a fine of five\nthousand dollars or to imprisonment for a term of one year, or to both.\n(7) Any document, record, equipment or other property seized under a search\nwarrant under this section shall \u2014\n(a)\nwhere legal proceedings are not commenced within a period of thirty days\nfrom the date of seizure of the document, record, equipment or other\nproperty be returned to the owner; or\n(b) where legal proceedings are commenced within a period of thirty days of\nthe seizure, be kept until the conclusion of those proceedings.\n(8) Where any document, record, equipment or other property is seized under this\nsection, every effort shall be taken by the trade officer or the police officer to\nstore the seized item in a place and condition that is appropriate for preserving it.\n(9) Where a person is convicted of an offence under this Act in respect of any\ndocument, record, equipment or other property seized under this section, the\ncourt may order the forfeiture of that document, record, equipment or other\nproperty seized.\n(10) Any equipment forfeited under this section is to be disposed of by way of an\nopen sale, where practicable.\n(11) Any net income derived from an open sale under subsection (10) shall be\ndeposited into the general revenue of the Islands.\n\nSection 18\nTrade and Business Licensing Act (2026 Revision)\n\nPage 16\nRevised as at 31st December, 2025\nc\n\n18.\nApplication for grant or renewal of a licence\n18. (1) Any person carrying on a trade or business shall, unless excluded from the\napplication of this Act, apply to the Board for the grant or renewal of a licence\nin accordance with the respective categories of trade or business set out in Part\nB of Schedule 1.\n(1A) A company can only apply for the grant or renewal of a licence if it \u2014\n(a)\nis Caymanian owned and controlled;\n(b) holds, or has applied for, a licence under the Local Companies (Control)\nAct (2025 Revision); or\n(c)\nis a non-resident company, non-LCC Law company, exempted company\nor limited liability company.\n(2) Subject to subsections (2A), (2B) and (2C), an application pursuant to\nsubsection (1) shall be submitted to the Board through the Department in the\nprescribed form and shall be accompanied by \u2014\n(a)\nevidence of status as a Caymanian, if any, of \u2014\n(i)\nthe applicant, where the applicant is an individual;\n(ii) any individual who has a legal or beneficial interest in the company,\nwhere the applicant is a company; or\n(iii) each individual who is a partner in the firm, where the applicant is a\nfirm;\n(b) in the case of an application for the grant of a licence by an applicant who\nis not a Caymanian, a reference for the applicant from a financial\ninstitution or a current bill in the applicant\u2019s name for the provision of\nutility services within the meaning of that term under section 2 of the\nUtility Regulation and Competition Act (2024 Revision);\n(c)\nwhere the applicant will be carrying on business in a public place, evidence\nof the approval of the relevant authority to carry on business in such a\nplace;\n(d) if applicable, evidence of compliance with the Law relating to employee\npensions or employee health insurance in force in the Islands where\napplication is for renewal;\n(da) if applicable, evidence of the registration with the relevant Supervisory\nAuthority where the applicant is a DNFBP or intends to carry out business\nas a DNFBP;\n(e)\nthe non-refundable application fee specified in Schedule 1 to be paid to the\ngeneral revenue of the Islands;\n(f)\nthe licence fee specified in Schedule 1 or, subject to section 23(2), the\nrenewal fee specified in Schedule 1 to be paid to the general revenue of\nthe Islands or a waiver of the licence fee in writing from the Cabinet; and\n\nTrade and Business Licensing Act (2026 Revision)\nSection 18\n\nc\nRevised as at 31st December, 2025\nPage 17\n\n(g) such other information relating to the application as may be deemed\nnecessary by the Board for the consideration of the application or as may\nbe prescribed.\n(2A) Where the applicant is a company the following additional particulars shall be\nprovided in the prescribed manner \u2014\n(a)\nthe number and par value of each class of shares issued by the company;\n(b) the voting and other rights attached to each class of shares;\n(c)\na statement of the number and par value of each class of shares beneficially\nowned by Caymanians;\n(d) a statement of the number and par value of each class of shares held by\npersons who are not Caymanian; and\n(e)\na statement that the effective control, benefit and effective control of the\ncompany is not, either directly or indirectly or by reason of any artifice or\ndevice vested in or permitted to pass to persons other than as specifically\nshown in the return of shareholdings.\n(2B) Where the applicant is a company that was registered twelve or more months\nprior to the application for a licence, a copy of the company\u2019s annual return and\na return of shareholdings containing the particulars listed in subsection (2A)\nshall be provided in the prescribed manner.\n(2C) Subject to subsection (2D), the Board may request a police clearance certificate\nas part of its due diligence procedures in respect of an application for the grant\nof a licence for \u2014\n(a)\nany applicant where the applicant is an individual;\n(b) any individual who has a significant interest in, or who is a director of, the\napplicant where the applicant is a company other than a listed entity;\n(c)\nany individual who is a partner in the firm where the applicant is a firm,\nand the certificate shall be provided in such manner as the Board may determine.\n(2D) An applicant who is \u2014\n(a) Caymanian;\n(b) a permanent resident; or\n(c) the holder of a Permanent Residency and Employment Rights Certificate,\nand who has been legally and ordinarily resident in the Islands for five or\nmore years shall be exempt from the requirement under subsection (2C)\nexcept where the application is for a licence for a trade or business in a\nsector where the Board determines that it is mandatory for every applicant\nto provide a police clearance certificate.\n(2E) To the extent that the information required under sections 18 or 19 to support\nan application for the grant or renewal of a licence is held by a relevant public\n\nSection 18\nTrade and Business Licensing Act (2026 Revision)\n\nPage 18\nRevised as at 31st December, 2025\nc\n\nauthority or government agency, an applicant may permit the Board to receive\nthat information directly from the public authority or government agency\nwhere \u2014\n(a) the Board has entered into an arrangement, understanding or agreement\nwith the public authority, government agency, Supervisory Authority or\ncompetent authority for anti-money laundering, counter proliferation\nfinancing or counter terrorist financing purposes; and\n(b) the information is material, adequate, current, relevant or as may otherwise\nbe prescribed by Regulations.\n(2F) The Board may enter into an arrangement, understanding or agreement with any\ngovernment agency, public authority, Supervisory Authority or competent\nauthority for anti-money laundering, counter proliferation financing or counter\nterrorist financing purposes, to facilitate the electronic or other receipt of\ninformation under subsection (2E).\n(2G) Where an applicant does not utilise the option under subsection (2E), the\napplicant still has an obligation to provide the information to the Board.\n(2GA)The Board may, to the extent that information is required by a Supervisory\nAuthority or competent authority for anti-money laundering, counter\nproliferation financing or counter terrorist financing purposes, share through the\nSecretariat any information held by the Secretariat where subsections (2E)(a)\nand (b) have been satisfied.\n(2H) The Cabinet may make Regulations exempting certain applicants or categories\nof applicants from any or all of the provisions under section 18.\n(2I) For the purposes of this section \u2014\n(a)\n\u201cpermanent resident\u201d has the meaning assigned under section 2 of the\nImmigration (Transition) Act (2022 Revision); and\n(b) the expression \u201cholder of a Residency and Employment Rights\nCertificate\u201d has the same meaning as the expression has under section 38\nof the Immigration (Transition) Act (2022 Revision);\n(3) An application for the renewal of a licence shall be made at least twenty-eight\ndays before, but not more than three months before, the date of expiry of the\nlicence.\n(4) Repealed by section 7(e) of the Trade and Business (Amendment) Act, 2017\n[Law 8 of 2017].\n(5) Where an incomplete application is submitted under subsection (1), the Board\nmay require an applicant to complete and re-submit the application, subject to\npayment of the re-submission fee specified in Schedule 1.\n(6) The Board may take such steps to carry out due diligence procedures, including\na fit and proper test, in regard to any director or any person who has a beneficial\n\nTrade and Business Licensing Act (2026 Revision)\nSection 19\n\nc\nRevised as at 31st December, 2025\nPage 19\n\ninterest in a trade or business for which an application for the grant or renewal\nof a licence is made under this Act.\n(7) The Cabinet may waive the licence fee for an individual trade or business or the\ntrades or businesses in a sector or an industry set out in Part B of Schedule 1\nwhere the Cabinet determines it is in the public interest to do so.\n(8) A person shall not \u2014\n(a)\nin relation to any application submitted pursuant to this section; or\n(b) in relation to any information or particulars that the person is required to\nfurnish pursuant to this section,\nmake any representation or statement that the person knows is false or\nmisleading in a material particular.\n(9) A person who contravenes subsection (8) commits an offence and is liable on\nsummary conviction to a fine of five thousand dollars or to imprisonment for a\nterm of one year or to both.\n(10) In this section \u2014\n\u201cbeneficial interest\u201d, in a company, includes a share in the company, or if the\ncompany is a limited liability company, an LLC interest in it within the meaning\nof that term under section 5 of the Limited Liability Companies Act (2025\nRevision);\n\u201cfinancial institution\u201d has the meaning given in section 182(1) of the Proceeds\nof Crime Act (2025 Revision); and\n\u201crequired clearance document\u201d, for an individual, means the following\ndocument made within 6 months before the application for grant or renewal in\nquestion \u2014\n(a)\nan affidavit by the individual swearing that the individual has no\nconvictions if \u2014\n(i)\nthe individual has been residing in a country or territory that does not\ngive police clearance certificates; or\n(ii) the individual has been residing in the Islands for less than six\nmonths; or\n(b) otherwise, an original police clearance certificate issued under\nsection 144(4) of the Police Act (2021 Revision).\n19.\nRestriction on grant or renewal of a licence\n19. (1) A licence shall not be granted by the Board under this Act where the Board is\nsatisfied that \u2014\n(a)\nthe applicant \u2014\n\nSection 19\nTrade and Business Licensing Act (2026 Revision)\n\nPage 20\nRevised as at 31st December, 2025\nc\n\n(i)\nis a person who is not Caymanian as defined by the Immigration\n(Transition) Act (2022 Revision) and does not hold a work permit as\ndefined by the Immigration (Transition) Act (2022 Revision);\n(ii) is adjudged bankrupt or suspended payment to or compounded with\nthe applicant\u2019s creditors;\n(iii) is, under this or any other Law, disqualified from holding the licence\nsought; or\n(iv) Repealed by section 3(c) of the Trade and Business Licensing\n(Amendment) Act, 2018 [Law 2 of 2018].\n(v) is a company that is not \u2014\n(A) a Caymanian owned and controlled company;\n(B) the holder of a licence under the Local Companies (Control)\nAct (2025 Revision); or\n(C) a non-resident company, non-LCC Law company, exempted\ncompany or limited liability company; or\n(vi) is a DNFBP or intends to carry on business as a DNFBP and \u2014\n(A) is not registered with; or\n(B) has had its registration cancelled by,\n\nthe relevant Supervisory Authority;\n(b) the Chief Medical Officer has, on the grounds of public health in relation\nto the premises in which the applicant proposes to carry on the trade or\nbusiness, objected to the grant of a licence to the applicant; or\n(c)\nthe grant of the licence would be contrary to the public interest.\n(1A) A licence shall not be renewed by the Board where \u2014\n(a) it is satisfied that any of the provisions under subsection (1)(a) apply to the\napplicant for renewal; or\n(b) the applicant is not compliant with this Act or any other applicable Law\nregulating the applicant, including Laws relating to employee pensions,\nemployee health insurance, labour relations, anti-money laundering,\ncounter proliferation financing and counter terrorist financing in the Islands\nand the applicant has not taken the necessary steps to resolve the noncompliance.\n(2) The Board may refuse to grant a licence to a person or where a person has\nalready been granted a licence, revoke the licence where, in the Board\u2019s opinion,\nthe person is carrying on or intending to carry on trade or business under a name\nwhich is likely to mislead persons because it is \u2014\n\nTrade and Business Licensing Act (2026 Revision)\nSection 20\n\nc\nRevised as at 31st December, 2025\nPage 21\n\n(a)\nidentical to the name of any other person carrying on trade or business,\nwhether in the Islands or not, or so nearly resembles that name as to be\ncalculated to deceive;\n(aa) identical or similar to a registered trade mark unless it is established that\nthe trade or business is the owner of the trade mark or it has a licence to\nuse the trade mark;\n(b) calculated to suggest, falsely, the patronage of or connection with some\nperson or authority, whether in the Islands or not; or\n(c)\ncalculated to suggest, falsely, that such person has a special status in\nrelation to, or derived from, the Government or has the official backing or\nacts on behalf of the Government or any department, branch, agency or\noffice of Government.\n20.\nRequest for additional information\n20. (1) Where an application is submitted to the Board pursuant to section 18, the Board\nmay, within twenty-eight days of the receipt of the application request additional\ninformation from the applicant that it deems necessary for the purpose of\nconsidering the application.\n(2) Where the Board makes a request for information pursuant to subsection (1), the\napplicant shall submit that information within fourteen days of the request or\nwithin a further period of time as may be requested by the applicant and granted\nby the Board in writing.\n(3) The Board shall not unreasonably refuse to give a further time period under\nsubsection (2).\n(4) Where the applicant has not submitted the additional information within the\ntimeframe outlined in subsection (2) the Board shall \u2014\n(a)\ncease considering the application;\n(b) return the application to the applicant along with the licence fee;\n(c)\ngive the applicant the reason in writing for the Board\u2019s decision to cease\nconsidering the application; and\n(d) where the applicant was a licensee at the time of the application, give the\nstatus of the applicant\u2019s licence and the steps that the applicant needs to\ntake to have the licence reinstated and to be otherwise in compliance with\nthis Act.\n(5) Where the Board returns an application under subsection (4) and the applicant\nwishes to re-apply, the applicant shall pay to the general revenue of the Islands\nthe fees referred to in section 18(2)(f).\n(6) Where an application for renewal has been returned under subsection (4), the\nrespective licence shall be deemed to be suspended or revoked by the Board and\nsection 29(6) or (7), as the case may be, shall apply.\n\nSection 21\nTrade and Business Licensing Act (2026 Revision)\n\nPage 22\nRevised as at 31st December, 2025\nc\n\n21.\nGrant of licence and expedited licence\n21. (1) The Board shall, within ninety days of submission or resubmission of an\napplication for a new licence or the receipt of information requested pursuant to\nsection 20, whichever is later, grant or refuse a licence and shall notify the\napplicant of the grant or refusal and give reasons in writing where the licence is\nrefused.\n(2) The Board shall, within thirty days of submission or resubmission of an\napplication for the renewal of a licence or the receipt of information requested\npursuant to section 20, whichever is later, renew a licence or refuse to renew a\nlicence and shall notify the applicant of the renewal or refusal to renew and give\nreasons in writing where the renewal is refused.\n(3) In the event of the Board refusing to grant or renew a licence, the fee paid\npursuant to section 18(2)(f) shall be refunded to the applicant.\n(4) The Board may attach such conditions or restrictions on licences generally or to\nlicences granted to a sector or an industry as it considers fit in the interest of\npublic safety, public order, public health or otherwise in the public interest.\n(5) Notwithstanding subsection (1) or (2), the Board, on receipt of an application\nfor an expedited licence or renewal of a licence which is accompanied by an\nexpedited licence fee of the amount specified in Schedule 1 and otherwise in\naccordance with the requirements under section 18, shall grant, renew or refuse\nthe licence within five business days of receiving an eligible application.\n(6) Notwithstanding the provisions in section 6, determinations on applications for\nexpedited licences shall be taken by a subcommittee of the Board, such\nsubcommittee being comprised of at least three members of the Board.\n(7) The Cabinet may make regulations setting out the criteria for the grant of an\nexpedited licence in such sectors or industries as the Cabinet may specify.\n(8) A licensee who fails to comply with a condition or restriction commits an\noffence and is liable on summary conviction to a fine of five thousand dollars.\n22.\nEvidence of licence and public display of licence\n22. (1) A licence granted or renewed under this Act shall be evidenced by a certificate\nin the prescribed form and the licence shall be framed by the licensee and\npublicly displayed on the premises to which such licence relates.\n(2) A licensee who fails to display the licence as required under subsection (1)\ncommits an offence and is liable on summary conviction to a fine of five\nhundred dollars.\n23.\nValidity of licence and renewal fee\n23. (1) Subject to \u2014\n(a)\nthe voluntary surrender of a licence under section 27;\n\nTrade and Business Licensing Act (2026 Revision)\nSection 24\n\nc\nRevised as at 31st December, 2025\nPage 23\n\n(b) the suspension or revocation of a licence under section 29;\n(c)\nthe revocation of a licence under section 30; or\n(d) the revocation of a licence under section 31,\na licence shall be valid for the period specified in the licence.\n(2) A licensee who fails to pay the renewal fee within twenty-eight days after the\nexpiry date of the licence shall, unless the Board waives it, pay to the general\nrevenue of the Islands a surcharge not exceeding twenty-five per cent of the\nrenewal fee specified in Schedule 1 for every month or part of a month that the\nrenewal fee is not paid, such amount not exceeding the renewal fee.\n(3) If the renewal fee referred to in subsection (2) is not paid and the licensee\ncontinues to operate the trade or business, in addition to any criminal penalties\nto which the licensee is liable, the unpaid renewal fee may be sued for by the\nBoard by action as a civil debt and the Board may require, and the court may\norder, the payment of any surcharge accrued under subsection (2) in respect of\nthe late payment of the renewal fee.\n(4) Where the renewal fee is not paid for a period of five months a licence shall be\nsuspended or revoked by the Board and section 29(6) or (7), as the case may be,\nshall apply.\n24.\nTransfer of licence\n24. (1) A licensee shall not transfer or assign a licence to any other person, including a\ncompany.\n(2) Notwithstanding subsection (1), a person owning or holding a significant\ninterest in a licensee shall not sell, transfer, charge or otherwise dispose of that\nperson\u2019s interest in the licensee, or any part of that person\u2019s interest, unless \u2014\n(a)\nthe licensee is a listed entity and the disposition is a trade in its securities\non a recognised securities exchange under the Securities Investment\nBusiness Act (2020 Revision); or\n(b) the person has the Board\u2019s prior written approval.\n(3) A licensee shall not, unless with the written approval of the Board \u2014\n(a)\ncause, permit or acquiesce in a sale, transfer, charge or other disposition\nreferred to in subsection (2); or\n(b) issue or allot any shares or cause, permit or acquiesce in any other\nreorganisation of its share capital that results in \u2014\n(i)\na person acquiring a significant interest in the licensee; or\n(ii) a person who already owns or holds a significant interest in the\nlicensee, increasing or decreasing the size of that person\u2019s interest.\n(4) Repealed by section 9(b) of the the Trade and Business (Amendment) Act, 2017\n[Law 8 of 2017].\n\nSection 25\nTrade and Business Licensing Act (2026 Revision)\n\nPage 24\nRevised as at 31st December, 2025\nc\n\n(5) The Board shall not unreasonably withhold the approval required under\nsubsections (2) or (3).\n(6) Notwithstanding anything in this section, where a sale, transfer, charge or other\ndisposition referred to in this section is as a result of an internal reorganisation\nof a body corporate that constitutes ultimate transfer of control of a licensee, a\nnew licence will be required in addition to the prior written approval of the\nBoard.\n(7) Repealed by section 9(b) of the the Trade and Business (Amendment) Act, 2017\n[Law 8 of 2017].\n25.\nAmendment of licence or Register particulars for licence\n25. (1) The Board may make the following amendments to or relating to a licence, if\nthe licensee applies to it to do so \u2014\n(a)\namendments to the licence, except in a way that has the effect of\ntransferring or assigning the licence; or\n(b) amendments to a particular mentioned in section 32(2) relating to the\nlicence.\n(2) The application shall be in the prescribed form and accompanied by the\namendment fee specified in Schedule 1 made payable to the general revenue of\nthe Islands.\n26.\nNotification of changes of addresses, etc.\n26. (1) A licensee who, during the currency of the licence, changes address or, being a\ncorporation, its corporate identity or the scope of its trade or business shall notify\nthe Board no later than thirty days after such change of address, corporate\nidentity or scope.\n(2) A licensee who fails to notify the Board in the circumstances set out in\nsubsection (1) commits an offence and shall be liable on summary conviction to\na fine of five hundred dollars.\n27.\nSurrender of licence\n27. A licensee shall, within thirty days of voluntarily ceasing to carry on a trade or\nbusiness, give notice in writing to the Board and surrender the licence which shall be\ndeemed to be invalid from the date the licensee ceased to carry on the trade or business\nor such other date as may be determined by the Board.\n\nTrade and Business Licensing Act (2026 Revision)\nSection 28\n\nc\nRevised as at 31st December, 2025\nPage 25\n\n28.\nBreaches by licensee\n28. (1) Where the Board or Department reasonably suspects that a licensee is in breach\nof any provision of this Act, the Board or Department may conduct any\ninvestigation it considers necessary in relation to the licensee and may upon\nobtaining a warrant perform any of the following in the course of such\ninvestigation \u2014\n(a)\nenter any premises for the purpose of ascertaining compliance with this\nAct;\n(b) compel the production of books, records and documents in the custody or\ncontrol of the licensee;\n(c)\ncompel the appearance of an employee or officer of a licensee or any other\nperson for the purpose of ascertaining compliance with this Act or the\nrelevant licence;\n(d) inspect, examine or make copies of any book, record or document in the\npossession of the licensee relevant to the licence held by the licensee;\n(e)\nrequire verification of income and all other matters pertinent to the licence;\nand\n(f)\nseize or remove any document or records relating to the licence for the\npurpose of examination and inspection.\n(1A) The Board shall, where the licensee is a DNFBP or carrying out business as a\nDNFBP, upon receipt of a notice pursuant to regulation 55J of the Anti-Money\nLaundering Regulations (2025 Revision) suspend or revoke a licence.\n(2) A person shall not \u2014\n(a)\nhinder, obstruct, prevent or interfere with the Board in the exercise of a\npower pursuant to this section;\n(b) fail without reasonable excuse to answer any question relating to any\nregister, book, record or other document or any relevant matter when\nrequired to do so by the Board under subsection (1); or\n(c)\nprovide false or misleading information to the Board that leads to an\ninvestigation or during the course of an investigation.\n(3) A person who contravenes subsection (2) commits an offence and is liable on\nsummary conviction to a fine of five thousand dollars or to imprisonment for a\nterm of one year, or to both.\n(4) Where, after an investigation under this section, the Board finds that \u2014\n(a)\nthe allegations or suspicions under subsection (1) are substantiated, the\nBoard shall so notify the licensee of its findings and, where appropriate,\nissue directions to the licensee requesting the licensee to stop the breach\nand take remedial action within a specific time period; or\n\nSection 29\nTrade and Business Licensing Act (2026 Revision)\n\nPage 26\nRevised as at 31st December, 2025\nc\n\n(b) where the allegations under subsection (1) are found by the Board to be\nunsubstantiated, the Board shall cease its investigations.\n(5) A licensee who fails to comply with a direction of the Board given pursuant to\nsubsection (4)(a) commits an offence and is liable on summary conviction to a\nfine of ten thousand dollars or to imprisonment for a term of two years, or\nto both.\n(6) Any document or record seized or removed under this section for the purpose\nof examination or inspection shall be returned promptly on completion of the\nexamination or inspection.\n29.\nSuspension or revocation of licence\n29. (1) Notwithstanding section 28(5), where a licensee fails to comply with any\ndirection given by the Board under section 28(4), the Board may suspend or\nrevoke the licence.\n(1A) The Board shall, where the licensee is a DNFBP or carrying out business as a\nDNFBP, upon receipt of a notice pursuant to regulation 55J of the Anti-Money\nLaundering Regulations (2025 Revision) suspend or revoke a licence.\n(2) Prior to the suspension or the revocation of a licence pursuant to subsection (1)\nor section 20, the Board shall give the licensee notice in writing of the intention\nto do so, specifying the grounds on which the Board considers that the licence\nought to be suspended or revoked and shall require the licensee to submit to it,\nwithin a specified period being not less than fourteen days of receipt of the\nnotice by the licensee, a written statement of objection to the suspension or\nrevocation, where the licensee intends to object to the suspension or revocation.\n(3) A notice issued under subsection (2) shall be served on a licensee \u2014\n(a)\npersonally or at the licensee\u2019s registered office; or\n(b) if service is not possible in accordance with paragraph (a), by notice\npublished in the Gazette and in any other medium as the Board determines.\n(4) The Board shall, where it has considered a statement of objection submitted\npursuant to subsection (2), inform the licensee of its decision and shall give the\nreasons for its decision in writing.\n(5) A person aggrieved by the decision of the Board under subsection (4) shall have\nthe right of appeal under section 37.\n(6) A licence that is revoked is invalid.\n(7) A licence that is suspended is invalid for the period during which it is suspended.\n(8) The Board shall, by notice published in the Gazette and any other medium as\nthe Board determines, inform the public of the suspension or revocation of a\nlicence pursuant to this section.\n\nTrade and Business Licensing Act (2026 Revision)\nSection 30\n\nc\nRevised as at 31st December, 2025\nPage 27\n\n30.\nRevocation order\n30. (1) In the event of a licensee under this Act being convicted of any offence\nconnected with the conduct of the licensee\u2019s trade or business licensed under\nthis Act, the convicting court may order that the licence be revoked and may\norder that the licensee be disqualified for a period not exceeding three years\nfrom applying for the grant of any new licence for any business.\n(2) The Clerk of the Court shall forthwith give notice to the Board of the making of\nthe order under subsection (1).\n(3) No refund of any licence fee shall be payable as the result of such revocation\nunder subsection (1).\n31.\nRevocation under Local Companies (Control) Act\n31. In the event of a revocation under the Local Companies (Control) Act (2025 Revision)\nof a licence under that Act authorising the holder to carry on any trade or business in\nrespect of which the holder also holds a licence under this Act, such revocation shall\nby that fact itself revoke the licence under this Act and no refund of any licence fee\nshall be payable as a result.\n32.\nRegister\n32. (1) Subject to subsection (2), the Board shall keep and maintain a register of all\nlicensees, in such form as may be determined by the Board.\n(2) The Board shall record the following particulars in the Register for each\nlicensee \u2014\n(a)\nthe name of the licensee;\n(b) the postal address of the licensee;\n(c)\nthe address of the premises at which the trade or business is being\ncarried out;\n(d) the category of the licence;\n(e)\nthe date of expiry of the licence; and\n(f)\nthe terms and conditions of the licence.\n(3) Subject to subsection (4), the Board shall allow \u2014\n(a)\nthe public access to the Register and shall take such steps as may be\nnecessary to give effect to this; and\n(b) a person to inspect the Register and make a copy of any part of the Register\non payment of the inspection fee specified in Schedule 1.\n(4) Nothing in this section shall be read as repealing any provision of a Law that\nrestricts access to records.\n\nSection 33\nTrade and Business Licensing Act (2026 Revision)\n\nPage 28\nRevised as at 31st December, 2025\nc\n\n33.\nPermission under other Laws\n33. (1) A licence issued pursuant to this Act shall not have the effect of dispensing with\nthe necessity of obtaining permission where such permission is required\npursuant to any other Law.\n(2) In this section \u201cpermission\u201d includes registration, licence, authorisation and\npermit.\n34.\nRestriction on the use of the word \u201clicensed\u201d\n34. (1) A licensee shall not use the word \u201clicensed\u201d in juxtaposition with any word\ndescribing a trade or business carried on by the licensee on the ground only that\nthe licensee is licensed under this Act.\n(2) A licence under this Act has no relevance to the qualification, skill or financial\nstability of the licensee.\n(3) A licensee who contravenes subsection (1) commits an offence and is liable on\nsummary conviction to a fine of five thousand dollars or to imprisonment for a\nterm of one year, or to both.\nPART 4 - MISCELLANEOUS\n35.\nTicketable offences\n35. (1) Notwithstanding any other provision of this Act, the offences set out in Schedule\n2 are designated as ticketable offences.\n(2) The payment of the fixed penalty stated on the ticket up to twenty-eight days\nafter being served is an option to discharge liability to conviction for the offence\nset out on the ticket.\n(3) Where a person is served with a ticket under this section in respect of an offence\nset out in Schedule 2, criminal proceedings in respect of the act that constitutes\nthe offence specified on the ticket, shall not commence except where the fixed\npenalty remains unpaid after twenty-eight days of the service of the ticket.\n(4) Payment of a fixed penalty under this section shall be made to the Department\nand all fixed penalties paid under this Act shall, unless otherwise expressly\nstated, form part of the general revenue of the Islands.\n(5) In any proceedings, a certificate that payment of the fixed penalty was or was\nnot made to the Department by the date specified in the certificate shall, where\nthe certificate is signed by the Director, be sufficient evidence of the facts stated\nunless the contrary is proved.\n(6) A ticket shall be in the form set out in Schedule 3 and shall \u2014\n\nTrade and Business Licensing Act (2026 Revision)\nSection 35\n\nc\nRevised as at 31st December, 2025\nPage 29\n\n(a)\ncontain a statement signed by the trade officer certifying that the trade\nofficer has reason to believe that an offence has been committed under this\nAct;\n(b) include a summary of the facts of the offence and the specific section of\nthis Act that has been contravened;\n(c)\nindicate with reasonable precision, having regard to all the circumstances,\nthe time and place at which the offence was committed;\n(d) set out the fixed penalty for the offence;\n(e)\nset out the options that the person served with the ticket has in responding\nto it and the time within which the person shall respond;\n(f)\nstate the period of time during which proceedings will not be commenced\nfor the offence;\n(g) require the person, in the event that the fixed penalty is not paid nor the\nplea under subsection (12) entered within the period specified in the\nnotice, to attend before the summary court to enter a plea on such date as\nmay be specified, the date being not earlier than ten days after the\nexpiration of the period specified in subsection (3); and\n(h) state that the ticket may be used as the evidence of the Department.\n(7) The fixed penalty for ticketable offences shall be as specified in Schedule 2.\n(8) Service of a ticket on the person whom a trade officer has reason to believe\ncommitted an offence is effected by the trade officer delivering a copy of the\nticket to the person or by leaving it at the last known place of business or abode\nof the person or by sending it by registered mail to the last known place of\nbusiness or abode of the person.\n(9) A trade officer who serves a ticket shall complete and sign a certificate of service\nstating that the ticket was, on the date set out in the certificate, served on the\nperson whom the trade officer had reason to believe committed the offence and\nthe certificate shall be evidence that, on the date set out in the certificate, a ticket\nwas served on the person whom the trade officer had reason to believe\ncommitted the offence.\n(10) A person may pay the total amount set out in the ticket in accordance with\nsubsection (11), enter a \u201cnot guilty\u201d plea in accordance with subsection (12) or\nattend the summary court on the date set out on the ticket and enter a plea.\n(11) The payment of the total fixed penalty within twenty-eight days of being served\nconstitutes a discharge from liability for conviction for the offence.\n(12) A person who is served with a ticket who wishes to enter a \u201cnot guilty\u201d plea\nmay request a trial by signing the request for trial on the ticket and delivering it\nto the Clerk of Court within twenty-eight days of being served with the ticket\nand the Clerk shall enter the plea of \u201cnot guilty\u201d.\n\nSection 35\nTrade and Business Licensing Act (2026 Revision)\n\nPage 30\nRevised as at 31st December, 2025\nc\n\n(13) As soon as practicable after a person requests a trial under subsection (12), the\nClerk of the Court shall notify the Department of the request, request the\nduplicate ticket, fix the time and place of the trial and notify the defendant and\nthe prosecution of the time and place of the trial.\n(14) A person who has been served with a ticket under this section and has not\nexercised any of the options referred to in subsection (10) or (12) shall attend at\nthe court on the date specified in the ticket which shall be no earlier than thirtyeight days after the date that the ticket was served on the person and the notice\nof the court date on the ticket shall be notice to the defendant and the prosecution\nof the same.\n(15) The Department shall, within forty-eight hours, file with the Clerk every ticket\nthat remains unpaid after twenty-eight days of having been served.\n(16) A ticket filed with the Clerk of Court is evidence of the facts alleged in the ticket\nwithout proof of the signature or official character of the person appearing to\nhave completed the ticket or the person on whom the ticket was served.\n(17) Except as otherwise provided, a notice or document required or authorised to be\ngiven or delivered under this section may be given or delivered personally by\nregistered mail or by other prescribed means.\n(18) Evidence that a notice or document required or authorised to be given or\ndelivered to a person under this section was sent by registered mail or any other\nprescribed means to the person at the last known place of abode or business\naddress appearing on a ticket, certificate of service or other document in the\ncourt file, is sufficient evidence that the notice or document was given or\ndelivered to the person, unless the contrary is proved.\n(19) A person who is convicted of a ticketable offence in a trial requested under\nsubsection (12) or in a trial as a result of a failure to exercise the options under\nsubsection (10) may be liable to a fine greater than the fixed penalty provided\nfor that ticketable offence but not exceeding the maximum fine provided for that\noffence under this Act.\n(20) The ticket, for the purposes of a trial under subsection (12) and subsection (14),\nis deemed to be a complaint within the meaning of section 14 of the Criminal\nProcedure Code (2026 Revision).\n(21) Notwithstanding anything in law to the contrary, where the ticket remains\nunpaid at the expiration of the time specified for the payment of the fixed penalty\nor where the person served requests a trial the ticket shall be deemed to be a\nsummons issued in accordance with section 15 of the Criminal Procedure Code\n(2026 Revision).\n(22) Proceedings in respect of an offence deemed to be instituted by a ticket under\nthis Act shall not be listed for hearing in Court unless \u2014\n\nTrade and Business Licensing Act (2026 Revision)\nSection 36\n\nc\nRevised as at 31st December, 2025\nPage 31\n\n(a)\nthe trade officer delivers the duplicate of the ticket with an endorsement\nstating that the fixed penalty had not been received within the twentyeight-day period within which it was payable; and\n(b) a period of ten days has elapsed from the last day on which the fixed\npenalty was payable.\n(23) Where the fixed penalty is not paid within the time specified in the ticket or the\nperson served requests a trial, proceedings in respect of the offence specified in\nthe ticket shall be in accordance with the procedure set out for Category C\noffences under the Criminal Procedure Code (2026 Revision).\n36.\nAppeals Tribunal\n36. (1) For the purposes of this Act, there is established an Appeals Tribunal which\nshall comprise the following members \u2014\n(a)\na Chairperson who shall be an attorney-at-law;\n(b) a Deputy Chairperson; and\n(c)\nthree other members,\nall of whom shall be appointed by the Cabinet for a period not exceeding two\nyears.\n(2) For the purpose of exercising its jurisdiction under this Act, the Appeals\nTribunal shall sit and be duly constituted to hear and determine appeals with\nthree of its members sitting together, one of whom shall be the Chairperson or\nin the absence of the Chairperson, the Deputy Chairperson.\n(3) The Chairperson or, in absence of the Chairperson, the Deputy Chairperson shall\npreside over meetings of the Appeals Tribunal.\n(4) The Cabinet shall appoint a person to be the secretary to the Appeals Tribunal\nwho shall record and keep all minutes of the meetings, proceedings and\ndecisions of the Appeals Tribunal, and such secretary shall have no right to vote.\n(5) The Appeals Tribunal shall meet at such times as may be necessary or desirable\nin the public interest.\n(6) If a member of the Appeals Tribunal has any personal or pecuniary interest,\ndirect or indirect, in any matter which is to be determined by the Tribunal, the\nmember shall, if present at the meeting of the Tribunal at which such matter is\nto be determined, as soon as practicable after the commencement of the meeting,\ndisclose the fact, and shall not take part in the consideration or discussion of\nsuch matter or vote on any question with respect to the matter.\n(7) The Appeals Tribunal shall reach its decision by a majority of votes of its\nmembers present and voting at a meeting and the Chairperson or Deputy\nChairperson or other member of the Appeals Tribunal presiding at the meeting\nshall, in addition to the original vote, have a casting vote.\n\nSection 37\nTrade and Business Licensing Act (2026 Revision)\n\nPage 32\nRevised as at 31st December, 2025\nc\n\n(8) Subject to subsections (3) to (7), and sections 37 and 38, the Appeals Tribunal\nshall regulate its own procedure.\n37.\nAppeals from decisions of the Board\n37. (1) A person aggrieved by, or dissatisfied with, a decision of the Board made under\nthis Act may, within twenty-eight days of the communication of the decision, or\nsuch longer period as the Appeals Tribunal may allow for good cause shown,\nappeal against that decision to the Appeals Tribunal.\n(2) For the purposes of subsection (1), the decision shall, if notice of it is sent to a\nperson by registered mail, be deemed to have been communicated to the person\nat the time at which it would have been received.\n38.\nConduct of appeals\n38. (1) Appeals under section 37 shall be by notice in writing addressed to the Appeals\nTribunal, and shall specify \u2014\n(a)\nthe decision against which the appeal is made;\n(b) the Board\u2019s reasons for its decision;\n(c)\nthe grounds of the appeal; and\n(d) whether the appellant wishes to be heard personally or by a representative,\nand the notice of appeal shall be accompanied by the non-refundable processing\nfee specified in Schedule 1.\n(2) On receipt of the notice of appeal, the Appeals Tribunal shall, where the\nappellant has applied to be heard personally or by a representative, decide\nwhether the appellant shall be so heard and, if it is so decided, fix a time and\ndate for such hearing and shall notify the appellant and the Board thereof.\n(3) At the hearing of an appeal where the appellant or the appellant\u2019s representative\nis present, the appellant or the representative shall be given an opportunity to\naddress the Appeals Tribunal, and a representative of the Board shall be heard\nin answer if called upon by the Appeals Tribunal in that behalf, and the Appeals\nTribunal may call upon either party to address it further.\n(4) Representatives of either party need not be persons having legal qualifications.\n(5) The decision of the Appeals Tribunal shall be communicated to the appellant\nand the Board no later than twenty-eight days after the hearing.\n(6) On an appeal, the Appeals Tribunal may make such order in accordance with\nthis Act as it thinks fit.\n(7) An appeal may be made to the Grand Court from a decision of the Appeals\nTribunal on a point of law only.\n(8) The Cabinet may make regulations prescribing the procedure and forms to be\nused for appeals under this section.\n\nTrade and Business Licensing Act (2026 Revision)\nSection 39\n\nc\nRevised as at 31st December, 2025\nPage 33\n\n39.\nOffences by officers of body corporate\n39. (1) Where an offence under this Act which has been committed by a body corporate\nis proved to have been committed with the consent or connivance of, or to be\nattributable to any neglect on the part of any director, manager, secretary or\nother officer of the body corporate or any person who was purporting to act in\nany such capacity, the officer or any person purporting to act in that capacity, as\nwell as the body corporate commits that offence and are both liable to be\nproceeded against and punished accordingly.\n(2) Where the affairs of a body corporate are managed by its members,\nsubsection (1) shall apply in relation to the acts and defaults of the member in\nconnection with the member\u2019s functions of management as if the member were\na director of the body corporate.\n40.\nRegulations\n40. (1) The Cabinet may make regulations prescribing all matters that are required or\npermitted by this Act to be prescribed or as are necessary or convenient to be\nprescribed for giving effect to the purposes of this Act.\n(2) Regulations made pursuant to subsection (1) may \u2014\n(a)\nprescribe categories of licences and impose conditions for such categories\nof licences;\n(b) reserve specified businesses and specified categories of licences for\nCaymanians and may impose restrictions or prohibitions on the carrying\nout of specified businesses and the granting of specified categories of\nlicences to persons who are not Caymanian;\n(c)\ngrant, from time to time, incentives to micro businesses and small\nbusinesses in the form of reduced licensing fees or schedules for the\npayment of licensing fees under this Act;\n(d) create offences punishable by a fine not exceeding five thousand dollars;\n(e)\namend the definition of the terms \u201cmicro business\u201d and \u201csmall\nbusiness; and\n(f)\namend Schedules 1, 2 and 3.\n41.\nRepealed\n41. The Trade and Business Licensing Law (2007 Revision) was repealed by section 41\nof the Trade and Business Licencing Act, 2014 [Law 21 of 2014].\n\nSection 42\nTrade and Business Licensing Act (2026 Revision)\n\nPage 34\nRevised as at 31st December, 2025\nc\n\n42.\nSavings and transitional provisions\n42. (1) Every application for a licence or renewal of a licence under the repealed Trade\nand Business Licensing Law (2007 Revision), in this section referred to as \u201cthe\nrepealed Law\u201d, that has not been wholly dealt with by the Board when this Act\ncomes into force shall be processed in the manner that the application would\nhave been processed under the repealed Law and on the grant of the licence,\nthe Board shall direct the licensee of any steps to be taken by the licensee in\norder that there is compliance with this Act and the period of time within which\nthe steps shall be taken, such directions having the same legal effect as directions\nunder section 28.\n(2) Any approval, decision, appeal or other matter in progress under the repealed\nLaw that has not been wholly dealt with by the Board or other person or body\nwhen this Act comes into force shall be handled as the respective matter would\nhave been handled under the repealed Law until the matter is wholly dealt with.\n(3) Except as otherwise expressly provided in this Act every civil matter and\nproceeding commenced in any court under the repealed Law and pending or in\nprogress immediately before this Act comes into force may be continued,\ncompleted and enforced under this Act.\n(4) All proceedings in respect of offences committed in contravention of the\nrepealed Law may be commenced or continued as if this Act had not come into\nforce.\n(5) Subject to subsection (6), every licence, approval, incentive, temporary\nreduction in fees or direction made or granted under the repealed Law and in\nforce immediately before this Act comes into force shall continue in force after\nthis Act comes into force on the same conditions and with the same effect as if\nthey had been made or granted in accordance with this Act.\n(6) A licensee existing at the coming into force of this Act who is not in compliance\nwith this Act shall comply within six months of the coming into force of this\nAct or such longer period as the Board may, for good cause shown, permit.\n(7) Every form issued or prescribed for use under the repealed Law is to be\nregarded as issued or approved for use under this Act until another form is issued\nor prescribed for use under this Act in place of that form.\n(8) Where any period of time specified in the repealed Law is current at the coming\ninto force of this Act, and there is a corresponding provision in this Act, this Act\nshall have effect as if that corresponding provision had been in force when that\nperiod began to run.\n\nTrade and Business Licensing Act (2026 Revision)\n\nSCHEDULE 1\n\nc\nRevised as at 31st December, 2025\nPage 35\n\n SCHEDULE 1\n(sections 18, 21, 23, 25, 32, and 38)\nFEES\nPart A\nDescription\nSection\nFee\n1.\nApplication fee (nonrefundable)\n18(2)(e)\n$75 for each year of\nthe period that is to\nbe specified in the\nrelevant licence in\naccordance with the\napplication for the\ngrant of the licence\n2.\nLicence fee\n18(2)(f)\nAs set out in the\nrespective category\nin\nPart\nB\nbut\npayable at the time\nof the grant of the\nlicence\nfor\neach\nyear of the period\nthat\nis\nto\nbe\nspecified\nin\nthe\nrelevant\nrenewed\nlicence\n3.\nRenewal fee\n18(2)(f),\n23(2)\nAs set out in the\nrespective category\nin\nPart\nB\nbut\npayable at the time\nof the grant of the\nlicence\nfor\neach\nyear of the period\nthat\nis\nto\nbe\nspecified\nin\nthe\nrelevant\nrenewed\nlicence\n\nSCHEDULE 1\nTrade and Business Licensing Act (2026 Revision)\n\nPage 36\nRevised as at 31st December, 2025\nc\n\n4.\nRe-submission fee\n18(5)\n$50\n5.\nExpedited licence fee\n21(5)\n$400\n(In addition to the\nrelevant licence fee in\nNo. 2 and the processing\nfee.)\n6.\nExpedited renewal of licence\nfee\n21(5)\n$100\n(In\naddition\nto\nthe\nrelevant licence fee in\nNo. 2 and the processing\nfee.)\n7.\nAmendment fee\n25\n$50\n8.\nInspection of Register fee\n32(3)\n$10\n9.\nNon-refundable\nprocessing\nfee (Appeals)\n38(1)\n$100\nPart B\nThe respective licence fee and renewal fee are as set out below and are payable for each\nyear of the period that is to be specified in the relevant licence \u2014\u2014\nProfessional\nFor the purposes of this heading \u2014\n\u201caffiliated agent\u201d means a real estate agent who trades under, or holds out to be affiliated\nwith, a name that is the same as, or similar to, or the derivative of, the name of a real estate\nagency licensed under this Act under item 11;\n\u201ccomputer specialist\u201d means a person (whether industry certified or not) involved in the\ndevelopment, assembly, building, maintenance or repair of computer equipment and\ncomputer programmes or similar work relating to computers;\n\u201cdeals in\u201d, for land, means to deal, or offer to deal in the land, or both, by any or all of the\nfollowing transactions relating to the land \u2014\n(a)\npurchases;\n(b) sales; or\n(c)\nrentals, tenancies or leasing;\n\u201cfirm\u201d means a company, a partnership or other business enterprise;\n\nTrade and Business Licensing Act (2026 Revision)\n\nSCHEDULE 1\n\nc\nRevised as at 31st December, 2025\nPage 37\n\n\u201cmember\u201d means a partner, director, associate or other professional;\n\u201cother professional\u201d means \u2014\n(a)\na person who engages in a trade or business (such as an accountant,\nactuary, architect, engineer, statistician and surveyor) which is different\nfrom the employer\u2019s main trade or business; and\n(b) a person who provides chargeable services in a trade or business to the\nemployer\u2019s customers;\n\u201cprofessional\u201d includes accountant, actuary, architect, civil engineer, electrical engineer,\nland surveyor, mechanical engineer, quantity surveyor, statistician, surveyor, or similar\nprofession; and\n\u201coutsourced employee\u201d means a person who \u2014\n(a)\nis employed in a trade or business which provides staffing for other\nbusinesses and is deployed to work in other trades or businesses for short\nperiods of time or on a long term basis; and\n(b) provides chargeable services in the trade or business to the employer\u2019s\ncustomers.\n\n  Category of trade or business\nFee\n1. Accountant\nincluding\nauditor,\nactuary,\nbookkeeper\nand\nstatistician\n$2,000 for each\nprofessional member\nof the business\n2. Accountancy\nfirms \u2014\nthe fee in No.1 for each accountant employed by\nthe firm is in addition to the fee set out below \u2014\n\n(a)\nA firm of 1-5 accountants and other\nprofessionals;\nExempt\n\n(b) A firm of 6-10 accountants and other\nprofessionals;\n$20,000\n\n(c)\nA firm of 11-15 accountants and other\nprofessionals;\n$40,000\n\n(d) A firm of 16-20 accountants and other\nprofessionals;\n$60,000\n\n(e)\nA firm of 21-25 accountants and other\nprofessionals;\n$200,000\n\n(f)\nA firm of 26-30 accountants and other\nprofessionals;\n$250,000\n\n(g) A firm of 31-40 accountants and other\nprofessionals;\n$300,000\n\n(h) A firm of 41-50 accountants and other\nprofessionals;\n$350,000\n\n(i)\nA firm of 51 or more accountants and\nother professionals\n$400,000\n\n3. Agency providing\ntemporary\nemployees\n\n$1,000 for each\nagency and\n$750 for each\noutsourced employee\n\nSCHEDULE 1\nTrade and Business Licensing Act (2026 Revision)\n\nPage 38\nRevised as at 31st December, 2025\nc\n\nOutsourced employee\nfee not applicable where\nemployee is Caymanian\n\n4. Agent\nincluding airline, shipping or travel agent,\nsalesman, immigration assistance agent,\nadvertising agent, consultant, and any other\nprofessional agent not mentioned herein\n$1,000\n\n5. Auctioneer\nbeing a person other than a Government officer or\nan officer of the Court acting in the course of the\nduties of the auctioneer who sells or offers for sale\nany kind of property or right to property to another\nwhether by public auction or private treaty\n$750 for each\nprofessional member\nof the business\n\n6. Broker\n\n7. Computer specialist\n\nbeing a person who, for a commission or other\nreward, negotiates contracts between other brokers\nor principals and includes a commission agent, a del\ncredere agent and factor\n\n$750 for each\nprofessional member\nof the business\n$1,500\n\n8. Firms of\nprofessionals in the\nconstruction sector\n(accountants\nexcluded)\nIn addition to the fee at No. 10 for each\nprofessional employed in the firm \u2014\n\n(a)\nA firm of 1-5 professionals;\nExempt\n\n(b) A firm of 6-10 professionals;\n$1,500\n\n(c)\nA firm of 11-15 professionals;\n$2,500\n\n(d) A firm of 16-20 professionals;\n$4,000\n\n(e)\nA firm of 21-25 professionals; or\n$5,000\n\n(f)\nA firm of 26 or more professionals\n$10,000\n\n9. Property\ndeveloper\nbeing a person who carries out property\ndevelopment\n$750\n\n10. Professionals in the\nconstruction sector\n(accountants\nexcluded)\nincluding architect, civil engineer, electrical\nengineer, mechanical engineer, land surveyor,\nquantity surveyor or any other professional in the\nconstruction sector\n$1,500 for each\nprofessional member\nof the business\n\n11. Real estate agency\nor real estate agent,\nor both\na real estate agency (an \u201cagency\u201d) or being a real\nestate agent (an \u201cagent\u201d), or both, who as an agent\ndeals in land\n$750 for each agency,\nplus an additional\n$750 for each\naffiliated agent of the\nagency; or\n$750 for a selfemployed agent who\nis not an affiliated\nagent\n\nTrade and Business Licensing Act (2026 Revision)\n\nSCHEDULE 1\n\nc\nRevised as at 31st December, 2025\nPage 39\n\n12. Recruitment and\nselection agency\n\n$1,000 in addition to\n$750 for each\noutsourced employee\nTrades and Technical\nCategory of trade or business\nFee\n1. Baker\nincluding a person carrying on the business of making\nbread, buns, cakes, biscuits, pastry and any other article\nof food incidental thereto \u2014\n\na business employing 7 or fewer persons\n$350\n\na business employing 8 to 15 persons\n$1,000\n\na business employing 16 or more persons\n$3,000\n\n2. Barber\nany person engaged in the trimming and styling of\nmen\u2019s hair\n$150\n\n3. Building and\nEngineering\nTrade\nincluding any person carrying on the business of a\nmason, carpenter, joiner, plasterer, painter, electrician,\nplumber, welder or other trade within the construction\nindustry with less than ten employees\n$750\n\n4. Car and Scooter\nrental or Car\nand Scooter\nEquipment\nRental, or both\n\n$300\n\n5. Car wash\nincluding mobile car wash\n$300\n\n6. Gardening\nincluding landscaping\n$300\n\n7. Health and\nfitness business\nincluding personal trainers\n$300\n\n8. Janitorial\n\n$300\n\n9. Hairdresser or\nMassaging Spa\nOperator (nonmedical), or\nboth\nincluding beautician, manicurist and pedicurist\n$350\n\n10. Job Printer\nincluding all persons carrying on the business of printing\nother than newspaper printing\n$500\n\n11. Launderer\nincluding any person carrying on the business of\ncleaning of wearing apparel, household textiles and\nother materials by means of immersion in water or\notherwise with or without the addition of soap, dry\nsolvent or other cleaning aids and includes the pressing\nor ironing of any such material by any means\nwhatsoever save laundry services rendered by\n$300\n\nSCHEDULE 1\nTrade and Business Licensing Act (2026 Revision)\n\nPage 40\nRevised as at 31st December, 2025\nc\n\nindividuals or family units in premises not normally\nopen to the public\n\n12. Music and\ndance schools\n\n$300\n\n13. Photography\nand videography\nservices\n\n$300\n\n14. Pre-school care\nand child care\n\n$300\n\n15. Property\nManagement or\nProperty\nMaintenance, or\nboth\nincluding office equipment and minor building\nmaintenance\n\n$300\n\n16. Recycling\n\n$300\n\n17. Retailer\nincluding any person who buys from a merchant or who\nthemselves imports and offers for sale direct to the\npublic in small quantities and who manufactures and\nsells that person\u2019s own products \u2014\n\nfor a business with 800 square feet or less of\nselling area \u2014\n$200\n\nfor a business with 801-1200 square feet of\nselling area \u2014\n$450\n\nfor a business with 1201-1500 square feet of\nselling area \u2014\n$1200\n\nfor a business with 1501-2000 square feet of\nselling area \u2014\n$2000\n\nfor a business with 2001-4000 square feet of\nselling area \u2014\n$3000\n\nfor a business with more than 4000 square feet\nof selling area \u2014\n$4000\n\n17A.Dealer in\nPrecious Metals\nand Stones\nbeing a person who buys or sells precious metals,\nprecious stones or jewellery in the course of its business\nactivities \u2014\n\nfor a business with 800 square feet or less of\nselling area \u2014\n$200\n\nfor a business with 801-1200 square feet of\nselling area \u2014\n$450\n\nfor a business with 1201-1500 square feet of\nselling area \u2014\n$1,200\n\nfor a business with 1501-2000 square feet of\nselling area \u2014\n$2,000\n\nfor a business with 2001-4000 square feet of\nselling area \u2014\n$3000\n\nfor a business with more than 4000 square feet of\nselling area \u2014\n$4000\n\nTrade and Business Licensing Act (2026 Revision)\n\nSCHEDULE 1\n\nc\nRevised as at 31st December, 2025\nPage 41\n\n18. Service Station,\nGarage or\nMarina\nincluding any person carrying on the business in any\npremises of fuelling motor vehicles with petroleum or\ndiesel or of lubricating such vehicles or of repairing\ntyres or tubes of such vehicles and also includes any\nmarina for the servicing of sailing or power boats \u2014\n\nfor a business which consists only of a service\nstation \u2014\n$800\n\nfor a business which consists of a garage or\nmarina, with or without service station \u2014\n$800\n\nfor a business which consists of a service station\nwith or without a garage or marina, but with a\nconvenience store of 800 square feet or less of\nselling area \u2014\n$1500\n\nfor a business which consists of a service station\nwith or without a garage or marina, but with a\nconvenience store of 801 square feet or more of\nselling area \u2014\n$2000:\n\nProvided that any service station or garage on Grand\nCayman other than in West Bay or George Town shall\npay at the rate of fifty per cent.\n\n19. Shoe Repairs\nincluding a person who repairs boots and shoes\n$150\n\n20. Super Cargo\nincluding the master or other person selling goods on\nboard any vessel within the waters of the Islands,\nexcluding local persons who fish\n$600\n\n21. Tailor\nincluding a dressmaker and a fitter and repairer of\nclothes\n$150\n22. Training\nIncluding education and career guidance services\n$300\n\n23. Undertaker\nincluding a mortician and an embalmer\n$600\n\n24. Weddings,\nevent planning,\ndisc jockeys,\nentertainment\n\n$300\n\n25. Security and\nInvestigation\n\n$300\n\n26. Payday\nLending\nincluding a person carrying on the business of private\ninvestigation, debt collection or serving summonses or\nother legal process, and similar business operations\nbeing in the business of making cash loans or cash\nadvances\n$300\n\n27.  Courier\nServices\nbeing in the business of transporting packages or\ndocuments\n$300\n\n28. Graphic and\nWeb Design\n\n$300\n\nSCHEDULE 1\nTrade and Business Licensing Act (2026 Revision)\n\nPage 42\nRevised as at 31st December, 2025\nc\n\nCommerce\nCategory of trade or business\nFee\n1. Bulk Fuel\nInstallation\nbeing the business of storing, for distribution to other persons,\npetroleum products or other fuel products, except propane gas\n$125,000\n\nPropane gas\n$12,500\n\n2. Contractor\nincluding any person carrying on the business of building or civil\nengineering contracting or labour broking\n(a)\na business employing ten or fewer persons \u2014\n(b) a business employing eleven or more persons \u2014\n\n$1,000\n$3,500\n\nany other person, being a company carrying on such a business,\nto whom a licence has been granted under section 11(1) of the Local\nCompanies (Control) Act (2025 Revision)\n\n$25,000\n\n3. Merchants and\nWholesalers\nincluding a person who imports or holds goods for sale or resale\nto retailers \u2014\n\nfor a business with 800 square feet or less of selling area \u2014\n$2,000\n\nfor a business with 801-1200 square feet of selling area \u2014\n$2,250\n\nfor a business with 1201-1500 square feet of selling area \u2014\n$3,000\n\nfor a business with 1501-2000 square feet of selling area \u2014\n$4,000\n\nfor a business with 2001-4000 square feet of selling area \u2014\n$6,000\n\nfor a business with more than 4000 square feet of selling area \u2014\n$7,500\n\n4. Restaurateur\nincluding any person other than a hotel operator or a guest house\noperator carrying on, in any premises, the business of selling, or\noffering for sale, food or drink for human consumption on or off\nthe premises \u2014\n\nfor a business with seats for 30 or fewer customers \u2014\n$325\n\nfor a business with seats for 31 to 60 customers \u2014\n$500\n\nfor a business with seats for 61 to 100 customers \u2014\n$1,000\n\nfor a business with seats for 101 to 150 customers \u2014\n$1,600\n\nfor a business with seats for 151 to 200 customers \u2014\n$2,500\n\nfor a business with seats for more than 200 customers \u2014\n$3,500\n\n5. Secondhand\ndealer\nExcluding exempt persons\n$1,000\n\n6. Vendor of\nintoxicating\nliquor\n\nbeing a business which is an applicant for a licence or the renewal of a\nlicence under the Liquor Licensing Act (2019 Revision) but excluding\nmerchants and wholesalers, restaurateurs, service stations and any other\nbusiness for which the disposal of intoxicating liquor is only a part of the\ngoods or services offered and for which this Schedule provides an\nappropriate category\n\n$100\n\nTrade and Business Licensing Act (2026 Revision)\n\nSCHEDULE 1\n\nc\nRevised as at 31st December, 2025\nPage 43\n\nIndustry, Agriculture and Primary Activities\nCategory of trade or business\nFee\n1. Agricultural\nproduction and agro\nbased industries\nincluding turtle, poultry and animal husbandry, hydroponics\nExempt\n\n2. Block making,\nquarrying and\nbuilding materials\nincluding any person carrying on the business of making\nblocks or building components\n$4,000\n\n3. Jewellery\nmanufacturer\n\n$400\n\n4. Miscellaneous\nmanufacturing\n\n$400\n\n5. Newspaper Printer\nbeing any person carrying on the business of printing and\npublishing a newspaper or magazine-\n$2,000\nper\npublication\n6. Transportation\n\n\u2022 Land\nincluding any person operating a public bus, taxi or jitney\nservice\n$250\n\u2022 Sea\nincluding any person operating ferries, etc., or water sports\nservice\n$200\n\n7. Utility Services\nincluding the operating of desalination or well water services\nproviding water to the public; the provision of a service for\nemptying cesspools and septic tanks \u2014\n\na bulk water distributor\u2019s business \u2014\n$5,000\n\na retail water distributor\u2019s business \u2014\n$2,000\n\na business of emptying or maintaining cesspools or\nseptic tanks \u2014\n$300\n\nany other person being a company carrying on such a\nbusiness to whom a licence has been granted under\nsection 11(1) of the Local Companies (Control) Act (2025\nRevision) \u2014\n$5,000\nMiscellaneous\nCategory of trade or business\nFee\n\nAny other business or trade not specified herein in\nwhich a service is offered for reward\n$300\n\nA non-resident company or an exempted company or\nlimited liability company\n$800\nLicensing Fee for Little Cayman and Cayman Brac\nA trade or business carried out in Cayman Brac or Little Cayman the relevant fee shall be fifty percent of the\nrespective licence fee or renewal fee set out in this Schedule.\n\nSCHEDULE 2\nTrade and Business Licensing Act (2026 Revision)\n\nPage 44\nRevised as at 31st December, 2025\nc\n\nSCHEDULE 2\n(section 35)\nTICKETABLE OFFENCES\nDescription of ticketable offence\nSection\nFixed\nPenalty\n1.\nCarrying on a trade or business in or from\nwithin the Islands without a valid licence\n(first\noffence\nonly).\nAny\nfurther\ncontravention of this provision shall not be\nconsidered as a ticketable offence.\n17(1)\n$500\n2.\nDestroying or altering or causing to be\ndestroyed or altered, any document, record,\nequipment or other property found in the\ncourse of a search.\n17(6)(a)\n$2,500\n3\nHindering or obstructing or preventing or\ninterfering with a trade officer or police\nofficer in the exercise of any power under this\nAct\n17(6)(b)\n$2,500\n4.\nFailing\nto\nremove\nall\nadvertising\nin\ncontravention of section 17\n17(6)(c)\n$500\n5.\nFailing to comply with a condition or\nrestriction\n21(4)\n$1000\n6.\nFailing to display licence as required\n22(1)\n$100\n7.\nFailing to notify Board of change of address\n26(1)\n$100\n8.\nHindering or obstructing or preventing or\ninterfering with the Board in the exercise of\nits powers under section 28.\n28(2)(a)\n$2,500\n\n9.\nFailing without reasonable excuse to answer\nany question relating to any register, book,\n28(2)(b)\n$2,500\n\nTrade and Business Licensing Act (2026 Revision)\n\nSCHEDULE 2\n\nc\nRevised as at 31st December, 2025\nPage 45\n\nrecord or other document or any relevant\nmatter when required to do so by the Board.\n10.\nFailing to comply with a direction of the\nBoard.\n28(5)\n$1,000\n11.\nUsing the word \u201clicensed\u201d in juxtaposition\nwith any word describing a trade or business\ncarried out by the licensee on the ground only\nthat the licensee is licensed under this Act.\n\n34(1)\n$2,500\n\nSCHEDULE 3\nTrade and Business Licensing Act (2026 Revision)\n\nPage 46\nRevised as at 31st December, 2025\nc\n\nSCHEDULE 3\n(sections 35 and 40)\nFORM OF TICKET\nTRADE AND BUSINESS LICENSING ACT\n(2026 Revision)\nFRONT OF TICKET\nTICKET NUMBER\nNAME OF PERSON & DATE OF BIRTH:\n\nDATE & TIME:\nTRADE OR BUSINESS NAME\/LICENCE\nNo.:\nLOCATION:\nTELEPHONE & EMAIL:\nLIST OF TICKETABLE OFFENCES\nNo.\nDescription of ticketable offence.\nSection\nFixed\npenalty\nTick\nrelevant\nbox\n1.\nCarrying on a trade or business in the Islands without a\nvalid licence (first offence)\n17(1) TBL\n$500\n\u206e\n2.\nDestroying or altering or causing to be destroyed or\naltered, any document, record, equipment required to be\nproduced\n17(6)(a)TBL\n$2,500\n\n\u206e\n3\nHindering or obstructing or preventing or interfering with\na trade officer or police officer in the exercise of  the trade\nofficer\u2019s or the police officer\u2019s powers under this Act\n17(6)(b)TBL\n$2,500\n\u206e\n4.\nFails to remove all advertising in contravention of section\n17\n\n17(6)(c)TBL\n$500\n\n5.\nFailing to comply with a condition or restriction\n21(4) TBL\n$1000\n\n6.\nFailing to display licence as required\n22(1) TBL\n$100\n\n7.\nFailing to notify Board of change of address\n26(1) TBL\n$100\n\n8.\nHindering or obstructing or preventing or interfering with\nthe Board in the exercise of the Board\u2019s powers under this\nAct.\n28(2)(a)TBL\n$2,500\n\u206e\n9.\nFailing without reasonable excuse to answer any question\nrelating to any register, book, record or other document\nor any relevant matter when required to do so by the\nBoard.\n28(2)(b)TBL\n$2,500\n10.\nFailing to comply with a direction of the Board.\n28(5) TBL\n$1,000\n\u206e\n11.\nUsing the word \u201clicensed\u201d in juxtaposition with any\nword describing a trade or business carried on by the\nlicensee on the ground only that the licensee is licensed\nunder this Act.\n34(1) TBL\n$2,500\n\u206e\n\nTrade and Business Licensing Act (2026 Revision)\n\nSCHEDULE 3\n\nc\nRevised as at 31st December, 2025\nPage 47\n\nI, the undersigned trade officer of the Department of Commerce and Investment, have reason to believe that\n_____________________________________________________\n(Name of Person)\nhas committed the following ticketable offence detailed in the second column with the respective fixed\npenalty in the fourth column \u2014\n_______________________________________________________________________________________\n_\nthe facts being that\n________________________________________________________________________\n_______________________________________________________________________________________\n_\n_______________________________________________________________________________________\n_\n_______________________________________________________________________________________\n_\n(Provide a summary of the facts of offence and the provision contravened)\nTime and place at which offence committed:\n___________________________________________________\n_______________________________________________________________________________________\nThe person on whom this ticket is served \u2014\n(a)\nmay pay the fixed penalty prior to the ________ day of _________, 20___;\n(b) may enter a plea of \u201cnot guilty\u201d up to twenty-eight days after being served and indicate now an\nintention to plead \u201cnot guilty\u201d by ticking box \uf06f; or\n(c)\nwhere the ticket is not paid or there is no notification of an intention to plead \u201cnot guilty\u201d, must\nattend the Summary Court:\nin Grand Cayman, at 10 am on Tuesday, _______________________ 20 ;\nin Cayman Brac, at 10 am on Thursday, ________________________ 20\nI am an officer authorised by the Department of Commerce and Investment and I certify that I served this\nticket on the person named on the date and time stated above.\n_______________________________ _________________________\n(Name of Officer) (Signature)\nPLEASE SEE BACK OF TICKET\nCriminal proceedings shall not commence until thirty-eight days after being served with this ticket. If\nyou fail to pay the fixed penalty or to attend Court, a warrant of arrest may be issued and you may be\nkept in custody until you can be brought before the Court.\nBACK OF TICKET\nPLEASE READ CAREFULLY\n1.\nPAYMENT\nYou may discharge liability to being convicted by delivering a copy of this ticket and the\ntotal amount of the penalty set out in this ticket to the Department of Commerce and\n\nSCHEDULE 3\nTrade and Business Licensing Act (2026 Revision)\n\nPage 48\nRevised as at 31st December, 2025\nc\n\nInvestment at the address indicated below prior to the date set out at (a) on the Front of\nTicket, being twenty-eight days after the service of this ticket.\nPayments by cheque or money order are to be made payable to the Cayman Islands\nGovernment. Please print the ticket number on the front of the cheque or money order.\n2.\nPLEA OF NOT GUILTY\nIf you wish to plead not guilty, deliver a copy of the ticket to the Clerk of Court within 28\ndays of being served with this ticket. You must attend court on the date given at (c) on the\nFront of Ticket.\nYou may deliver the copy of the ticket to the Clerk of Court \u2014\n(i)\nwhere ticket is served in Grand Cayman by taking a copy of\nthe ticket to the Criminal Registry at the Court, George Town on any\nworking day between 9 am and 3 pm or by sending the copy of the\nticket by email to TBLTickets@judicial.ky; or\n(ii) where ticket is served in Cayman Brac or Little Cayman, by sending\nthe copy of the ticket by email to TBLTickets@judicial.ky or taking\na copy of the ticket to the Department of Commerce and Investment\nat the Bodden and Bodden Building #143 Stake Bay.\n3.\nFAILURE TO PAY\nConsequent on your failure to pay the fixed penalty specified in paragraph (a) or to enter a\nplea under paragraph (b), you are summoned to appear at the Summary Court at George\nTown or, where served on Cayman Brac or Little Cayman, at Cayman Brac at 10:00 a.m.\non the date set out at paragraph (c) on this ticket.\nIf you fail to appear, the magistrate may issue a warrant of arrest to compel your attendance.\nThe date of the hearing shall be no less than thirty-eight days after the service of the ticket.\nNOTICE\nThis ticket may be used as evidence of the Department or the Board\nSubmit or send payment to: The Department of Commerce and Investment, Government\nAdministration Building, Elgin Avenue, George Town or at the District Administration\nOffice in Cayman Brac or Little Cayman.\nHours of operation - (George Town and Cayman Brac): 8:30 am - 4:00 pm;\n(Little Cayman): 9:00 am - 4:00 pm\n\nTrade and Business Licensing Act (2026 Revision)\n\nSCHEDULE 3\n\nc\nRevised as at 31st December, 2025\nPage 49\n\nPublication in consolidated and revised form authorised by the Cabinet this 28th\nday of January, 2026.\nKim Bullings\nClerk of the Cabinet\n\nTrade and Business Licensing Act (2026 Revision)\n\nENDNOTES\n\nc\nRevised as at 31st December, 2025\nPage 51\n\nENDNOTES\nTable of Legislation history:\nSL #\nAct\/Law #\nLegislation\nCommencement\nGazette\n14\/2025\n Trade and Business Licensing (Amendment of Schedule 1)\nRegulations, 2025\n27-Feb-2025\nLG17\/2025\/s1\n\n Trade and Business Licensing Act (2021 Revision)\n25-Feb-2021\nLG18\/2021\/s4\n\n56\/2020 Citation of Acts of Parliament Act, 2020\n3-Dec-2020\nLG89\/2020\/s1\n\n27\/2019 Trade and Business Licensing (Amendment) Law, 2019\n1-Jun-2020\nLG42\/2020\/s1\n\n Trade and Business Licensing Law (2019 Revision)\n21-Feb-2019\nLG4\/2019\/s8\n\n2\/2018 Trade and Business Licensing (Amendment) Law, 2018\n18-Jun-2018\nGE33\/2018\/s1\n39\/2015\n\nTrade and Business Licensing (Amendment of Schedules)\nRegulations, 2015\n1-Jan-2016\nGE99\/2015\/s3\n21\/2018\n\nTrade and Business Licensing (Amendment) Law, 2018\n(Commencement) Order, 2018\n15-Jun-2018\nGE47\/2018\/s1\n\n Trade and Business Licensing Law (2018 Revision)\n28-Mar-2018\nGE26\/2018 s3\n\n8\/2017 Trade and Business Licensing (Amendment) Law, 2017\n26-May-2017\nGE43\/2017\/s2\n50\/2015\n\nTrade and Business Licensing Law, 2014 (Commencement)\nOrder, 2015\n18-Dec-2015\nGE99\/2015\/s2\n\n21\/2014 Trade and Business Licensing Law, 2014\n1-Jan-2016\nG2\/2015\/s3\n\nENDNOTES\nTrade and Business Licensing Act (2026 Revision)\n\nPage 52\nRevised as at 31st December, 2025\nc\n\n(Price: $10.40)","akn_extracted_at":"2026-06-22 15:37:47.805243+00","cms_id":"2014-0021","law_type":"principal","year":"2014","number":"21","title":"Trade and Business Licensing Act","status":"in_force"},"provenance":{"files":[{"file_id":"6039","expr_id":"766","kind":"akn_xml","filename":"2014-0021_2026 Revision.akn.xml","source_url":null,"storage_path":"\/Users\/q\/kyleg-data\/working\/PRINCIPAL\/2014\/2014-0021\/2014-0021_2026 Revision.akn.xml","content_md5":"4631b1ef38562a93d859f56b27b264b4","byte_size":"101645","http_last_modified":null,"fetched_at":"2026-06-22 15:37:48.235537+00"},{"file_id":"1531","expr_id":"766","kind":"pristine_pdf","filename":"2014-0021_2026 Revision.pdf","source_url":"\/cms\/images\/LEGISLATION\/PRINCIPAL\/2014\/2014-0021\/2014-0021_2026 Revision.pdf","storage_path":"\/Users\/q\/kyleg-data\/pristine\/PRINCIPAL\/2014\/2014-0021\/2014-0021_2026 Revision.pdf","content_md5":"1a195b9c1240c1cfa424944b834e642b","byte_size":"869054","http_last_modified":null,"fetched_at":"2026-06-21 23:09:38.101109+00"},{"file_id":"1532","expr_id":"766","kind":"working_pdf","filename":"2014-0021_2026 Revision.pdf","source_url":"\/cms\/images\/LEGISLATION\/PRINCIPAL\/2014\/2014-0021\/2014-0021_2026 Revision.pdf","storage_path":"\/Users\/q\/kyleg-data\/working\/PRINCIPAL\/2014\/2014-0021\/2014-0021_2026 Revision.pdf","content_md5":"1a195b9c1240c1cfa424944b834e642b","byte_size":"869054","http_last_modified":null,"fetched_at":"2026-06-21 23:09:38.101109+00"}],"paragraph_count":43,"latest_history":null},"quality":{"expr_id":"766","doc_id":"766","quality_state":"needs_review","quality_score":"72","needs_human_review":"t","deterministic_categories":"{duplicate_text,page_header_footer_noise,paragraph_numbering_problem}","llm_categories":"{truncated_text,other}","repair_actions":"{collapse_duplicate_text,manual_review,rebuild_paragraphs,reextract_full_text,strip_page_furniture}","finding_severity_counts":"{\"low\": 1, \"medium\": 1}","finding_summary":"Extraction captures most structural elements but shows abrupt truncation at section list end and includes stray pricing note; human review recommended to confirm completeness and clean extraneous data.","assessed_at":"2026-06-22 15:29:45.362714+00","updated_at":"2026-06-22 15:29:45.362714+00"}}