This Act amends the Base Lands Development Act 1996 in section 9 relating to the leasing of land in relation with the right of the Government to lease or let to the Bermuda Land Development Company government land.
Amends: Base Lands Development Act 1996. (2011)
Authors and Publishers
Government of Bermuda
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.
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