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Clause 1 of the Bill provides the short title and commencement of the legislation. Clause 2 amends section 5(6)(b) of the Companies Management Act (2024 Revision) to provide that the fee for an application for a licence is non-refundable. Clause 1 Introduced COMPANIES MANAGEMENT (AMENDMENT) BILL, 2024 A BILL FOR AN ACT TO AMEND THE COMPANIES MANAGEMENT ACT (2024 REVISION) TO PROVIDE THAT THE FEE FOR AN APPLICATION FOR A LICENCE IS NON-REFUNDABLE; AND FOR INCIDENTAL AND CONNECTED PURPOSES ENACTED by the Legislature of the Cayman Islands.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_1\", \"num\": \"1.\", \"text\": \"Short title and commencement 1. (1) This Act may be cited as the Companies Management (Amendment) Act, 2024. (2) This Act shall come into force on such date as may be appointed by Order made by the Cabinet. 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AND FOR INCIDENTAL AND CONNECTED PURPOSES\u2000\n\nPage 2\n Introduced\nc\n\nPUBLISHING DETAILS\nSponsoring Ministry\/Portfolio: Ministry of Financial Services and Commerce (FSC)\n\nCompanies Management (Amendment) Bill, 2024\nObjects and Reasons\n\nc\n Introduced\nPage 3\n\nMemorandum of\nOBJECTS AND REASONS\nThis Bill seeks to amend the Companies Management Act (2024 Revision) to provide that\nthe fee for an application for a licence is non-refundable, and for incidental and connected\npurposes.\nClause 1 of the Bill provides the short title and commencement of the legislation.\nClause 2 amends section 5(6)(b) of the Companies Management Act (2024 Revision) to\nprovide that the fee for an application for a licence is non-refundable.\n\nCompanies Management (Amendment) Bill, 2024\nClause 1\n\nc\n Introduced\nPage 5\n\nCAYMAN ISLANDS\n\nCOMPANIES MANAGEMENT (AMENDMENT)\nBILL, 2024\n\nA BILL FOR AN ACT TO AMEND THE COMPANIES MANAGEMENT ACT (2024\nREVISION) TO PROVIDE THAT THE FEE FOR AN APPLICATION FOR A LICENCE IS\nNON-REFUNDABLE; AND FOR INCIDENTAL AND CONNECTED PURPOSES\nENACTED by the Legislature of the Cayman Islands.\n1.\nShort title and commencement\n1.\n(1) This Act may be cited as the Companies Management (Amendment) Act, 2024.\n(2) This Act shall come into force on such date as may be appointed by Order made\nby the Cabinet.\n\nClause 2\nCompanies Management (Amendment) Bill, 2024\n\nPage 6\n Introduced\nc\n\n2.\nAmendment of section 5 of the Companies Management Act (2024 Revision)\n- application to be made to Authority\n2.\nThe Companies Management Act (2024 Revision) is amended in section 5(6)(b) by\ndeleting the word \u201csuch\u201d and substituting the words \u201cthe non-refundable\u201d.\nPassed by the Parliament the\nday of\n, 2024.\nSpeaker\nClerk of the Parliament","akn_extracted_at":"2026-07-18 12:35:56.202501+00","cms_id":"2024-0016","law_type":"bill","year":"2024","number":"16","title":"Companies Management (Amendment) Bill, 2024","status":"bill"},"provenance":{"files":[{"file_id":"7136","expr_id":"2337","kind":"akn_xml","filename":"2024-0016.akn.xml","source_url":null,"storage_path":"\/Users\/q\/kyleg-data\/working\/BILLS\/2024\/2024-0016\/2024-0016.akn.xml","content_md5":"66376e6c466e47f9a74870794a19ef3c","byte_size":"4527","http_last_modified":null,"fetched_at":"2026-07-18 12:35:56.246607+00"},{"file_id":"4673","expr_id":"2337","kind":"pristine_pdf","filename":"2024-0016.pdf","source_url":"\/cms\/images\/LEGISLATION\/BILLS\/2024\/2024-0016\/2024-0016.pdf","storage_path":"\/Users\/q\/kyleg-data\/pristine\/BILLS\/2024\/2024-0016\/2024-0016.pdf","content_md5":"8aa0f1f484cbb643345173f879e2152f","byte_size":"197985","http_last_modified":null,"fetched_at":"2026-06-16 04:01:11.371563+00"},{"file_id":"4674","expr_id":"2337","kind":"working_pdf","filename":"2024-0016.pdf","source_url":"\/cms\/images\/LEGISLATION\/BILLS\/2024\/2024-0016\/2024-0016.pdf","storage_path":"\/Users\/q\/kyleg-data\/working\/BILLS\/2024\/2024-0016\/2024-0016.pdf","content_md5":"8aa0f1f484cbb643345173f879e2152f","byte_size":"197985","http_last_modified":null,"fetched_at":"2026-06-16 04:01:11.371563+00"}],"paragraph_count":10,"latest_history":{"history_id":"270315","change_type":"UPDATE","changed_at":"2026-07-18 00:00:00+00","change_source":"MIGRATION_027","change_reason":"CMS-id-collision audit 2026-07-18: title corrected from the document's own PDF and\/or the (law_type, cms_id)-keyed official legislation.gov.ky listing."}},"quality":{"expr_id":"2337","doc_id":"2337","quality_state":"known_issue","quality_score":"55","needs_human_review":"t","deterministic_categories":"{commencement_metadata_problem,duplicate_text,page_header_footer_noise,title_mismatch}","llm_categories":"{}","repair_actions":"{collapse_duplicate_text,strip_page_furniture,verify_commencement_metadata,verify_title_metadata}","finding_severity_counts":"{\"low\": 2, \"high\": 1, \"medium\": 1}","finding_summary":"stored title is not visible in the opening extracted text; 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