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2nd Session of the 13th Republican Parliament

The Finance Bill, 2026

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

This Bill seeks to amend the Trustee Ordinance, the Gambling and Betting Act, Chap. 11:19; the Prison Service Act, Chap. 13:02; the Police Service Regulations, Chap. 15:01; the Registrar General Act, Chap. 19:03, the Registration of Clubs Act, Chap. 21:01; the Pharmacy Board Act, Chap. 29:52; the Pesticides and Toxic Chemicals Act, Chap. 30:03; the Tobacco Control Act, Chap. 30:04; the Fire Service Act, Chap. 35:50; the Motor Launches Act, Chap. 50:08; the Shipping Act, Chap. 50:10; the Petroleum Regulations, Chap. 62:01; the Copra Products Control Act, Chap. 64:30; the Forests Act, Chap. 66:01; the Sawmills Act, Chap. 66:02; the Conservation of Wild Life Act, Chap. 67:01; the Animal (Diseases, Importation, Health and Welfare) Act, Chap. 67:02; the Exchequer and Audit Act, Chap. 69:01; the Income Tax Act, Chap. 75:01; the Corporation Tax Act, Chap. 75:02; the Miscellaneous Taxes Act, Chap. 77:01; the Customs Act, Chap. 78:01; the Companies Act, Chap. 81:01, the Partnership Act, Chap. 81:02, Registration of Business Names Act, Chap. 82:85, the Liquor Licences Act, Chap. 84:10; the Income Tax (In Aid of Industry) Act, Chap. 85:04, the Spirits and Compounds Act, Chap. 87:54 and the Non-Profit Organisations Act, Act No. 7 of 2019.

Bill Essentials:
Bill No:
House of Representatives Bill 12 of 2026
Introduced In:
Introduced On:
05-Jun-2026
Published In Gazette On
Status
President of the Republic - Assent

Progress

5 Jun 2026
House of Representatives
1 speakersShow Speakers
1.Hon. Davendranath Tancoo, MP [Fyzabad] [Minister of Finance and Minister in the Ministry of Planning, Economic Affairs and Development]
10 Jun 2026
2nd Reading of the Bill Hansard
9 speakersShow Speakers
1.Hon. Davendranath Tancoo, MP [Fyzabad] [Minister of Finance and Minister in the Ministry of Planning, Economic Affairs and Development]
2.Mr. Colm Imbert, MP [Diego Martin North/East] [Opposition Member]
3.Hon. Saddam Hosein, MP [Barataria/San Juan] [Minister of Land and Legal Affairs and Minister in the Ministry of Agriculture and Fisheries]
4.Mr. Stuart Young, SC, MP [Port-of-Spain North/St. Ann’s West] [Opposition Member]
5.Hon. Dr. Roodal Moonilal, MP [Oropouche East] [Minister of Energy and Energy Affairs]
6.Mr. Brian Manning, MP [San Fernando East] [Opposition Member]
7.Hon. Sean Sobers, MP [Tabaquite] [Minister of Foreign and CARICOM Affairs]
8.Mr. Keith Scotland, SC, MP [Port-of-Spain South] [Opposition Member]
9.Hon. Davendranath Tancoo, MP [Fyzabad] [Minister of Finance and Minister in the Ministry of Planning, Economic Affairs and Development]
10 Jun 2026
Committee Stage Hansard

amendments made in the House of Representatives.

10 Jun 2026
3rd Reading and Passage of the Bill Hansard

Division: 28 for, none against, 13 abstentions

1 speakersShow Speakers
1.Hon. Davendranath Tancoo, MP [Fyzabad] [Minister of Finance and Minister in the Ministry of Planning, Economic Affairs and Development]
12 Jun 2026
Senate
1st Reading of the Bill
1 speakersShow Speakers
1.Hon. Davendranath Tancoo, MP [Fyzabad] [Minister of Finance and Minister in the Ministry of Planning, Economic Affairs and Development]
12 Jun 2026
2nd Reading of the Bill
21 speakersShow Speakers
1.Hon. Davendranath Tancoo, MP [Fyzabad] [Minister of Finance and Minister in the Ministry of Planning, Economic Affairs and Development]
2.Sen. Vishnu Dhanpaul [Opposition Senator]
3.Sen. Dr. Marlene Attzs [Independent Senator]
4.Sen. the Hon. Satyakama Maharaj [Minister of Trade, Investment and Tourism]
5.Sen. Faris Al-Rawi, SC [Opposition Senator]
6.Sen. Dr. Desirée Murray [Independent Senator]
7.Sen. the Hon. Phillip Alexander [Minister in the Ministry of Housing]
8.Sen. Melanie Roberts-Radgman [Opposition Senator]
9.Sen. Francis Lewis [Independent Senator]
10.Sen. Ashworth Jack [Government Senator (Temporary)]
11.Sen. Dr. Margaret Rose [Opposition Senator]
12.Sen. the Hon. Darrell Allahar [Minister in the Office of the Prime Minister]
13.Sen. Anthony Vieira, SC [Independent Senator]
14.Sen. David Nakhid [Parliamentary Secretary in the Ministry of Sport and Youth Affairs]
15.Sen. Foster Cummings [Opposition Senator]
16.Mr. Dominic Romain, MP [Malabar/Mausica] [Opposition Member]
17.Sen. Dr. Natalie Chaitan-Maharaj [Parliamentary Secretary in the Ministry of the People, Social Development and Family Services]
18.Sen. the Hon. Eli Zakour [Minister of Transport and Civil Aviation]
19.Sen. the Hon. Ravi Ratiram [Minister of Agriculture and Fisheries]
20.Sen. Dr. Amery Browne [Opposition Senator]
21.Sen. the Hon. Anil Roberts [Minister in the Ministry of Housing]
12 Jun 2026
3rd Reading and Passage of the Bill
1 speakersShow Speakers
1.Sen. the Hon. John Jeremie, SC [Attorney General]
25 Jun 2026
President of the Republic

Gazette Vol. 65, No. 111, 29th June, 2026

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