Tourism Investment (Odyssey Commercial Charter Yacht) Order 2025

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Year2025
CategoryConsolidated
Version19
Last Updated2026-04-05 18:46:54
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Sourcebermudalaws.bm

QU OF NT AT A FE RU

BERMUDA

TOURISM INVESTMENT (ODYSSEY COMMERCIAL CHARTER YACHT) ORDER 2025

BR 94 / 2025

WHEREAS Odyssey Charters Limited has submitted an application dated 4 February

2025 for a tourism investment order under section 3 of the Tourism Investment Act 2017 in respect of the commercial charter yacht Odyssey, a tourism attraction; WHEREAS the Minister responsible for tourism, having considered the application, is satisfied that the Odyssey Commercial Charter Yacht tourism attraction is in the national economic interest of Bermuda; The Minister responsible for tourism, with the written agreement of the Minister of Finance, in exercise of the power conferred by section 5 of the Tourism Investment Act 2017, makes the following Order:

Citation

1 This Order may be cited as the Tourism Investment (Odyssey Commercial Charter Yacht) Order 2025.

Interpretation

2 In this Order— “attraction” means the Odyssey Commercial Charter Yacht, a commercial, 36-foot catamaran luxury yacht; “customs duty” means the duty payable under the Customs Tariff Act 1970; “operator” means Odyssey Charters Limited, a company incorporated in Bermuda on 14 November 2024.

TOURISM INVESTMENT (ODYSSEY COMMERCIAL CHARTER YACHT) ORDER 2025

Relief

3 The operator shall in respect of the attraction be entitled to full relief from customs duty for a period not exceeding five years from the operative date of this Order in respect of any equipment, goods and supplies which are necessary for the operation of the attraction.

Made this 14th day of October 2025

Acting Minister of Tourism and Transport, Culture and Sport

[Operative Date: 15 October 2025]

No cases currently cite this legislation.