11th REPUBLICAN PARLIAMENT: 3rd SESSION

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Bill Progress in the House of Representatives

3rd Session of the 11th Parliament

The Insurance Bill, 2016

An Act to repeal and repalce the Insurance Act, Chap. 84:01; to reform the law relating to insurance companies; to regulate insurance businesses and privately administered pension fund plans and for other related purposes
The purpose of the Insurance Bill, 2016 is to provide a new regulatory framework for the insurance industry and to continue to provide for the regulation of privately administered pension fund plans and to repeal the existing Insurance Act, Chap. 84:01. The Bill as introduced requires a special (three-fifths) majority in order to be passed. View the Bill Essentials here.
This Bill was brought forward from the Second Session of the 11th Parliament after the work of the Joint Select Committee considering the matter was saved.

Bill No.: House of Representatives Bill 9 of 2016
Introduced in: House of Representatives
Introduced by: The Honourable Colm Imbert [Minister of Finance]
Introduced on: 01-Jul-2016
Published in Gazette on:
Progress:
House of Representatives
01-Jul-2016 1st Reading | Hansard PDF icon (931.1 kb)
Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
This Bill was carried over from the Second Session of the 11th Parliament.
09-Feb-2018 Committee Report Debated
Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
Dr. Surujrattan Rambachan, MP [Tabaquite] [Opposition Member]
16-Feb-2018 Committee Report Debated
Hon. Faris Al-Rawi, MP [San Fernando West] [Attorney General]
Dr. Bhoendradatt Tewarie, MP [Caroni Central] [Opposition Member]
Dr. Tim Gopeesingh, MP [Caroni East] [Opposition Member]
Hon. Stuart Young, MP [Port-of-Spain North/St. Ann's West] [Minister in the Office of the Attorney General and Legal Affairs and Minister in the Office of the Prime Minister]
Mr. Ganga Singh, MP [Chaguanas West] [Opposition Member]
Mr. Rudranath Indarsingh, MP [Couva South] [Opposition Member]
Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
16-Feb-2018 3rd Reading and Passage
Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
Senate
20-Feb-2018 1st Reading
Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
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