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Chile protests: Clashes in Santiago as unrest continues

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Statement from CAIPO Deputy Registrar at compliance symposium

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Speech delivered by Jodie-Anne Johnson, Deputy Registrar, Corporate Affairs and Intellectual Property Office (CAIPO) at the compliance symposium hosted by the Financial Intelligence Unit (FIU), the Anti Money Laundering and Combating Counter-Terrorism Financing (AML/CTF) Commission, and the Corporate Affairs and Intellectual Property Office (CAIPO) held on 19 February 2020.

A non-profit organisation is a type of company that has no share capital. They are tax-exempt or charitable, meaning they do not pay tax on the money they receive for their organisation.

Pursuant to the Companies Act No. 35 of 1994 now contained in the Continuous Revised Edition of the Laws of Grenada, 2010, Cap 58A no individual who is 18 years of age; is of unsound mind and has been found so by a tribunal in Grenada or elsewhere; and has the status of a bankrupt shall form or join the formation of non-profit company.

The Companies (Amendment) Regulations SRO No. 36 of 2014, allows for an attorney-at-law to swear a declaration on beh3alf of his client declaring that no signatory to the articles is an individual recently described when submitting the articles for incorporation.

It is a requirement under the Companies Act Cap 58A, that prior to registration at the Corporate Affairs and Intellectual Property Office (CAIPO), the Articles of Incorporation must be approved by the Attorney General Chambers. The fee to register a non-profit company at CAIPO is $100.

In order to qualify for approval at the Attorney General Chambers, a non-profit company shall restrict its business to one that is either patriotic, religious, philanthropic, charitable, educational, scientific, literary, historical, artistic, social, professional, fraternal, sporting or athletic nature.

The word Incorporation or Corporation or the abbreviations “Inc” or “Corp” shall be the last word of the name of every non-profit company and that every non-profit company must first reserve its name, by filing a Name Search and Reservation Form at CAIPO before sending the articles to the Attorney General Chambers. A name can only be reserved for 90 days. The fee for the Name Search and Reservation Form is $10.

Every Article of Incorporation, pursuant to section 329 of the Companies Act shall state (a) the restrictions that the company is to carry on, (b) that the company has no share capital and is to be carried without pecuniary gain and that profits or other accretion shall be used in furthering its business, (c) if the business of social nature, the address in full of the clubhouse or similar building and (d) that each first director becomes a member upon its incorporation.

Once incorporated, every non-profit company must file its by-laws at CAIPO and every Articles of Incorporation shall not be contrary to its by-laws. By-laws are rules established by an organisation to regulate itself. By-laws are also necessary when opening an account in any financial institution.

In accordance with the Companies (Amendment) Act No. 23 of 2014, it is mandatory that the Articles of Incorporation of a Non-Profit Company, include information on the beneficial ownership of the company. Beneficial ownership refers to the natural person or legal person who has the direct control over the company. If such information is not included in the articles, then the application together with such articles will not be approved by the Attorney General Chambers.

Every non-profit organisation upon incorporation shall have no fewer than three (3) Directors and at the time of sending the Articles of the Company for registration, a Notice with the names of the Directors together with a Notice of Address of the Registered Office shall be filed with CAIPO.

Where there is a change after incorporation in the composition of the Directors or in the particulars of the non-profit company, that company must within 15 days of the date of the change, file with the Registrar, a notice that contains the particulars of the change. Any non-profit company in default of this requirement is liable to a penalty of $550.

It is provided in the Companies (Amendment) Act No. 23 of 2014, that a non-profit company must within 15 days after its annual meeting, send to the Registrar, a copy of its annual financial statement showing (a) the assets and liabilities of the company in form of a balance sheet (b) the revenue and expenditure of the company since date of incorporation or the date of its previous financial statement.

Such Annual Financial Statement must be accompanied by a financial report of the auditor of the company and approved by the Directors of the Company and such approval must be evidenced by the signature of at least two directors. A person in respect of a non-profit company who fails to transmit to the Registrar any financial statement as required is guilty of an offence and is liable to a fine of $5,000 or imprisonment for 6 months or both or to a further fine of $500 for every day or part thereof that the offence continues after a conviction is first obtained.

A non-profit company must also file, no later than the first day of April in each year after its incorporation, Annual Returns. In default, the Registrar may strike off that company of the Register. An Annual Return is a document which contains details of the company’s directors, secretaries, and registered office address.

These requirements are also necessary when requesting a Certificate of Good Standing. A certificate of good standing is a document that says your company is legally registered with CAIPO and under the Laws of Grenada. The document is proof that you are authorised to do business and that you have followed all the requirements in law, like submitting required documents and paying fees.

Where the Registrar has reasonable cause to believe that a non-profit organisation is not carrying on business or in operation, a letter to the effect will be sent by post to the organisation, inquiring whether that Company carrying on business or in operation. If no answer is received within one month of sending the letter, 14 days after the expiration of the month, another letter will be issued stating that no answer has been received. If no answer is received to the second letter within one month thereof, a notice will be published in the Gazette with a view to striking the name of the company off the register.

CAIPO

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Prime Minister to oversee Caricom technical committee negotiating elimination of roaming rates

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Prime Minister, Dr the Right Honourable Keith Mitchell, will have technical oversight of a Caricom Technical Committee that will conduct negotiations to eliminate roaming rates in the region.

This decision was among those taken at the just concluded 31st Inter-Sessional Meeting of the Conference of Heads of Government of the Caribbean Community, which was attended by Dr Mitchell and Minister for Trade, Industry, Cooperatives and Caricom Affairs, Honourable Oliver Joseph.

In the communique issued at the conclusion of the meeting, Caricom Heads identified the removal of roaming rates in the Caribbean as one of the key components of efforts being made toward digital transformation and building technological resilience.

According to the communique, “Heads of Government welcomed the efforts of the Rt Hon. Dr Keith Mitchell, Lead Head of Government for Science and Technology who along with Colleague Heads, are advocating for the telecommunications operators to institute a modest fixed single Caricom roaming rate for Caricom nationals. The rate would include local and regional voice calls, data and over time will include more services.”

The removal of roaming rates is regarded as a priority intervention for 2020.

In Grenada’s presentation to the meeting on the subject, the Prime Minister called for unity and the unwavering support of all Caricom leaders in the negotiations with telecommunications providers to remove roaming charges. He noted that “historically, telecoms provision has been used as a subtle tool to attempt to divide the region and we must guard against this, in this round of negotiations.”

Dr Mitchell cited critical information gaps that must be addressed, even before the start of negotiations and he called on fellow Heads of Government to work with their Ministers of ICT and national regulators, to provide any available information as soon as possible and to support the actions of the negotiations team.

The basis for the negotiations will be founded in the development of the Caricom Single ICT Space, which in turn, is at the core of building technological resilience in the region.

The Grenadian leader told fellow Caribbean leaders attending the meeting that, “while the removal of roaming rates is a lynchpin for our digital hopes for transformation of the region — digital transformation is multi-dimensional and therefore, while we have identified removal of roaming and zero-rating government websites — there are many other strands which must be addressed and which will help to improve our negotiation posture and which must be very visible to the watching world.”

Dr Mitchell highlighted the fact that digital transformation starts with digital leadership which will, in turn, facilitate greater awareness among Caribbean nationals. He said, “We have to start talking about digital transformation in our meetings and it should be present in our various utterances to our citizens. Our citizens must be aware of our regional digital transformation goals and how they are given life by what we say and more importantly do, nationally.”

Office of the Prime Minister

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57-year-old bodybuilder promotes maintaining a healthy body

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by Curlan Campbell, NOW Grenada

  • 57-year-old bodybuilder Leslie ‘Strongman’ Hutchinson has the physique of a 30-year-old
  • Competed in several bodybuilding competitions without protein powders and other supplements for muscle growth
  • Outfitted his home gym is with equipment made from readily available materials

Although not having the bulging muscles mass in comparison to the likes of local professional bodybuilders Damion Daniel or Hafid Tyrone James, 57-year-old bodybuilder Leslie ‘Strongman’ Hutchinson has the physique of a 30-year-old. He boasts of being able to compete with the best without the use of protein powders and other supplements for muscle growth.

But what’s even more interesting about Hutchinson, who is from the village of Telescope in St Andrew, is that he was able to maintain his daily training and powerlifting regimen and still be the proud father of 22 children with his wife of over 14 years, Delma.

Hutchinson fell in love with bodybuilding in 1983 and has since gone on to partake in several strongman competitions for which he has trophies and medals to show, despite not being able to afford the expertise of local trainers or specialised professional equipment. Hutchinson did not allow this to stop him and constructed his personal home gym outfitted with equipment made using readily available materials.

In his middle age years, Hutchinson was witnessed bench pressing upwards of 300 lbs, curling dumbbells weighing 100 lbs and leg pressing over 500 lbs. He said, “I still keep the discipline and principle of bodybuilding and I all the time tell guys that a gym is no place for jokers and idlers because when it comes to the gym it is serious business.”

He admitted that bodybuilding was an escape from the temptation of overindulging in alcohol which was and still is quite prevalent within the community. “The time I go and sit down by the block and drink rum with friends, the same friend who may turn around and burst my head after I had the rum with him, I should go to the gym. So when I to the gym and train when 10 pm all rum shops close and in doing so my friends hardly seeing me, because every evening after I finish work, I head straight to the gym,” he said.

Image of bodybuilder Leslie ‘Strongman’ Hutchinson training in the early 90s at his home gym.

During the span of his passion, Hutchinson competed in several bodybuilding competitions including placing 1st in the Return of Legion in heavyweight category; 1st in Mr Grenada Middleweight category in 2009; 2nd place in the St Andrew’s South West Father’s Day Best Talent Competition and 2nd place in Grenada Olympia Clash of the Titans 2015 Lightweight category. While most bodybuilders garner sponsors to assist in preparation for the competitions, Hutchinson said his wife Delma, has been his main supporter and sponsor since as a poor man he is unable to afford the luxuries afforded to bodybuilders who can get cooperate sponsorship. He constantly speaks of being in good health which he attributes to eating healthy foods especially ground provisions in small portions. He also frowns upon the use of supplements to promote muscle growth.

“On mornings, I get a cup of black sage water and roast fig with a tip of salt and I am good for the day. I eat a lot of green fig, yam, breadfruit and tannia. I would tell bodybuilders to eat natural and stay healthy like me. I will have 2 eggs for the morning maybe once a week because I am a poor man and I have never gotten any sponsors. If I need any sponsor I have to call on my wife and I all-time say to her we are not begging anybody, what little we have we will make it do.”

Hutchinson who weighs 170 lbs is closely approaching his 58th birthday and still manages to spend up to 3 hours in his gym every evening while maintaining a full-time job as a security guard for Gravel and Concrete Production Corporation.

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