ARTICLE
8 July 2016

Statement From The Department Of Commerce And Investment (DCI) - DCI Addresses Illegal Vending

CI
Cayman Islands Government

Contributor

The Ministry of Financial Services is part of the Cayman Islands Government. The Ministry engages with local and international stakeholders to address policy, regulatory, and legal matters that affect financial services in the Cayman Islands.
The Department of Commerce and Investment (DCI) is obligated to abide by all commerce-related legislation – such as the Trade and Business Licensing (TBL) Law.
Cayman Islands Corporate/Commercial Law

The Department of Commerce and Investment (DCI) is obligated to abide by all commerce-related legislation – such as the Trade and Business Licensing (TBL) Law. DCI has been following the provisions in the law that relate to the enforcement of illegal vending.

However, the Ministry of Tourism is currently implementing a plan to have vendors regularised and has requested an extension to the time allocated for the issuance of fines – with the TBL Board agreeing to a one-month extension.

While the enforcement process has been delayed, DCI welcomes collaboration with other Government entities and accepts the TBL Board's ruling on this matter.

For the vendors involved, this decision is not a reprieve, but rather an opportunity to secure a valid business licence – and gain permission to operate on crown land, such as the Public Beach and West Bay docks – to avoid further enforcement action.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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