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4th Session of the 11th Republican Parliament

The Finance Bill, 2018

An Act to provide for the variation of certain duties and taxes and to introduce provisions of a fiscal nature and for related matters

This Bill seeks to amend several pieces of legislation namely,

  • the Retiring Allowances (Legislative Service) Act, Chap. 2:03;
  • the Interpretation Act, Chap. 3:01,
  • the Summary Courts Act, Chap. 4:20,
  • the Administration of Justice (Deoxyribonucleic Acid) Act, Chap. 5:34,
  • the Judges Salaries and Pensions Act, Chap. 6:02;
  • the State Liability and Proceedings Act, Chap. 8:02;
  • the Prison Service Act, Chap. 13:02;
  • the Child Rehabilitation Centre Act, Chap. 13:05,
  • the Retiring Allowances (Diplomatic Service) Act, Chap. 17:04;
  • the Registration of Clubs Act, Chap. 21:01;
  • the National Lotteries Act, Chap. 21:04;
  • the Pensions Act, Chap. 23:52;
  • the Widows’ and Pensions’ Act, Chap. 23: 54,
  • the Municipal Corporations Act, Chap. 25:04,
  • the Municipal Corporations (Pensions) Act, Chap. 25:05;
  • the Litter Act, Chap. 30:52;
  • the Public Assistance Act, Chap. 32:03,
  • the Friendly Societies Act, Chap. 32:50,
  • the Fire Service Act, Chap. 35:50;
  • the Teachers’ Pensions Act, Chap. 39:02;
  • the Assisted Secondary School Teachers’ Pensions Act, Chap. 39:03,
  • the Agricultural Fires Act,
  • the Children Act, Chap. 46:01, Chap. 63:02,
  • the Conservation of Wildlife Act, Chap. 67:01,
  • the Income Tax Act, Chap. 75:01,
  • the Stamp Duty Act, Chap. 76:01,
  • the Financial Institutions Act, Chap. 79:09,
  • the Insurance Act No. 4 of 2018,
  • the Criminal Division and District Criminal and Traffic Courts Act No. 12 of 2018,
  • the Electronic Payments into and out of Court Act No. 14 of 2018 and
  • the Miscellaneous Provisions (Supreme Court of Judicature and Children) Act No. 15 of 2018.

View Bill Essentials here.

Introduced By:
Colm Imbert
Bill No:
House of Representatives Bill 23 of 2018
Introduced On:
07-Dec-2018
Published In Gazette On
07-Dec-2018, Vol. 57, No. 153
Status
President of the Republic - Assent

Progress

7 Dec 2018
House of Representatives
1 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
12 Dec 2018
2nd Reading of the Bill Hansard
8 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
2. Dr. Bhoendradatt Tewarie, MP [Caroni Central] [Opposition Member]
3.Hon. Marlene McDonald, MP [Port-of-Spain South] [Minister of Public Administration]
4. Dr. Surujrattan Rambachan, MP [Tabaquite] [Opposition Member]
5.Hon. Faris Al-Rawi, MP [San Fernando West] [Attorney General]
6. Dr. Tim Gopeesingh, MP [Caroni East] [Opposition Member]
7.Mr. Barry Padarath, MP [Princes Town] [Opposition Member]
8.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
12 Dec 2018
Committee Stage Hansard
Amendments were made.
12 Dec 2018
3rd Reading and Passage of the Bill Hansard
1 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
18 Dec 2018
2nd Reading of the Bill Hansard
19 speakersShow Speakers
1.Sen. the Hon. Allyson West [Minister in the Ministry of Finance]
2.Sen. Wade Mark [Opposition Senator]
3.Sen. Dr. Paul Richards [Independent Senator]
4.Sen. the Hon. Jennifer Baptiste-Primus [Minister of Labour and Small Enterprise Development]
5.Sen. Amrita Deonarine [Independent Senator]
6.Sen. Khadijah Ameen [Opposition Senator]
7.Sen. the Hon. Franklin Khan [Minister of Energy and Energy Industries]
8.Sen. Hazel Thompson-Ahye [Independent Senator]
9.Sen. Taharqa Obika [Opposition Senator]
10.Sen. Avinash Singh [Parliamentary Secretary in the Ministry of Agriculture, Land and Fisheries]
11.Sen. Josh Drayton [Independent Senator (Temporary)]
12.Sen. Anita Haynes [Opposition Senator]
13.Sen. Anthony Vieira [Independent Senator]
14.Sen. the Hon. Kazim Hosein [Minister of Rural Development and Local Government]
15.Sen. Dr. Varma Deyalsingh [Independent Senator]
16.Sen. Saddam Hosein [Opposition Senator]
17.Sen. Gerald Ramdeen [Opposition Senator]
18.Hon. Faris Al-Rawi, MP [San Fernando West] [Attorney General]
19.Sen. the Hon. Allyson West [Minister in the Ministry of Finance]
18 Dec 2018
3rd Reading and Passage of the Bill Hansard
1 speakersShow Speakers
1.Sen. the Hon. Allyson West [Minister in the Ministry of Finance]
31 Dec 2018
President of the Republic
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