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1st Session of the 12th Republican Parliament

The Finance Bill, 2021

An Act to make provisions of a financial nature and other related matters

This Bill seeks to amend the Praedial Larceny Prevention Act, Chap. 10:03, the Summary Offences Act, Chap. 11:02, the Registration of Clubs Act, Chap. 21:01, the Tobacco Control Act, Chap. 30:04, the Children Act, Chap. 46:01, the State Lands Act, Chap. 57:01, the Minerals Act, Chap. 61:03, the Petroleum Act, Chap. 62:01, the Petroleum Production Levy and Subsidy Act, Chap. 62:02, the Development Loans Act, Chap. 71:04, the Government Savings Bonds Act, Chap. 71:41, the Income Tax Act, Chap. 75:01, the Unemployment Levy Act, Chap. 75:03, the Health Surcharge Act, Chap. 75:05, the Value Added Tax Act, Chap. 75:06, the Stamp Duty Act, Chap. 76:01, the Property Tax Act, Chap. 76:04 and the Liquor Licences Act, Chap. 84:10.
View the Bill Essentials here.

Introduced By:
Colm Imbert
Bill No:
House of Representatives Bill 5 of 2021
Introduced On:
25-Jun-2021
Published In Gazette On
25-Jun-2021, Vol. 60, No. 103
Status
President of the Republic - Assent

Progress

25 Jun 2021
House of Representatives
Gazette Version
1 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
2 Jul 2021
2nd Reading of the Bill Hansard
11 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
2.Mr. Davendranath Tancoo, MP [Oropouche West] [Opposition Member]
3.Hon. Stuart Young, MP [Port-of-Spain North/St. Ann’s West] [Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister]
4.Ms. Anita Haynes, MP [Tabaquite] [Opposition Member]
5.Hon. Brian Manning, MP [San Fernando East] [Minister in the Ministry of Finance]
6.Mr. Rushton Paray, MP [Mayaro] [Opposition Member]
7.Hon. Pennelope Beckles-Robinson, MP [Arima] [Minister of Housing and Urban Development]
8.Mr. Ravi Ratiram, MP [Couva North] [Opposition Member]
9.Hon. Faris Al-Rawi, MP [San Fernando West] [Attorney General]
10.Mr. Arnold Ram, MP [Caroni Central] [Opposition Member]
11.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
2 Jul 2021
Committee Stage Hansard
Approved with amendments
2 Jul 2021
3rd Reading and Passage of the Bill Hansard
1 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
5 Jul 2021
Senate
1 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
6 Jul 2021
2nd Reading of the Bill Hansard
17 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
2.Sen. Wade Mark [Opposition Senator]
3.Sen. Amrita Deonarine [Independent Senator]
4.Hon. Stuart Young, MP [Port-of-Spain North/St. Ann’s West] [Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister]
5.Sen. the Hon. Allyson West [Minister of Public Administration and Digital Transformation]
6.Sen. Damian Lyder [Opposition Senator]
7.Sen. Charrise Seepersad [Independent Senator]
8.Sen. the Hon. Paula Gopee-Scoon [Minister of Trade and Industry]
9.Sen. Jearlean John [Opposition Senator]
10.Sen. Dr. Maria Dillon-Remy [Independent Senator]
11.Sen. the Hon. Avinash Singh [Minister in the Ministry of Agriculture, Land and Fisheries]
12.Sen. Jayanti Lutchmedial [Opposition Senator]
13.Sen. Renuka Rambhajan [Opposition Senator (Temporary)]
14.Sen. Dr. Varma Deyalsingh [Independent Senator]
15.Sen. David Nakhid [Opposition Senator]
16.Sen. the Hon. Clarence Rambharat [Minister of Agriculture, Land and Fisheries]
17.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
6 Jul 2021
Committee Stage Hansard
Approved with amendments
6 Jul 2021
3rd Reading and Passage of the Bill Hansard
1 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
9 Jul 2021
House of Representatives
Senate Amendments Hansard
Amendments were approved.
2 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
2.Mr. Rushton Paray, MP [Mayaro] [Opposition Member]
15 Jul 2021
President of the Republic
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