Directors and other Officers

The Companies Acts in the Commonwealth Caribbean, except in Belize, Jamaica and St Christopher/Nevis, expressly vest the responsibility for the management of the company in the directors. ¹ At the same time, these statutes recognise that many of the administrative and executive tasks involved in management can only be effectively performed by delegation to officers acting under the supervision of the directors. ² In Belize, Jamaica and St Christopher/Nevis, the management powers of directors are regarded as being as supremely important as under the Acts in the other territories. However, directors’ management powers in Belize, Jamaica and St Christopher/Nevis are to be found, not in the statutes, but in the company’s articles of association (Belize and St Christopher/Nevis) and the articles of incorporation (Jamaica).