Applications to the Governor, under section 83 of the Act, for the grant of a licence to acquire land in Bermuda shall: (a) in the case of a Commonwealth citizen who is a restricted person, be in the form set out in the First Schedule; and (b) in the case of an alien, or the specially restricted child of an alien, be in the form set out in the Second Schedule, and shall be accompanied by the fee prescribed in the Regulations made under the Government Fees Act 1965; and (c) in any other case, be in the form set out in the Third Schedule, and shall where the beneficiary or any of them is an alien be accompanied by the fee prescribed in the Regulations made under the Government Fees Act 1965 as if the application had been made by an alien, and shall be forwarded to the Secretary to the Cabinet verified in the case of an application by an alien or the specially restricted child of an alien, by affidavit.
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Bermuda was first settled in 1609 by shipwrecked English colonists heading for Virginia. Self-governing since 1620, Bermuda is the oldest and most populous of the British overseas territories. Vacationing to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has also developed into a highly successful offshore financial center. A referendum on independence from the UK was soundly defeated in 1995.