The principal aim of this Bill is to further improve the Territory’s cooperation regime as it relates to the availability of accounting records to competent authorities. The Bill introduces a requirement for documents and records maintained pursuant to section 98 of the Act to be provided to the registered agent by companies that will cease to exist by virtue of merger or consolidation (where the company is not the surviving company) and companies that continue out of the Virgin Islands under the laws of a foreign jurisdiction. The Bill also introduces a requirement for a voluntary liquidator to file with the Registrar of Corporate Affairs, a declaration that the document and records of the company (including the company’s underlying records and documentation) have been provided to the company’s registered agent, as required under section 201 of the Act.