The Bill as introduced requires a special majority in order to be passed. The Bill contains 282 clauses and 13 Schedules.
Bills
5th Session of the 10th Republican Parliament
The Insurance Bill, 2015
An Act to repeal and replace 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
Introduced By:
Larry Howai
Bill No:
Senate Bill 1 of 2015
Introduced In:
Introduced On:
21-Apr-2015
Status
House of Representatives - Bill Lapsed
Progress
21 Apr 2015
Senate
Cyclo-Style Bill
(will be replaced with printed Bill)
(will be replaced with printed Bill)
1 speakersShow Speakers
1.Sen. the Hon. Larry Howai [Minister of Finance and the Economy]
5 May 2015
2nd Reading of the Bill Hansard 
4 speakersShow Speakers
1.Sen. the Hon. Larry Howai [Minister of Finance and the Economy]
2.Sen. Faris Al-Rawi, SC [Opposition Senator]
3.Sen. Helen Drayton [Independent Senator]
4.Sen. the Hon. Larry Howai [Minister of Finance and the Economy]
5 May 2015
Referred to Committee Hansard
Referred to a Joint Select Committee
26 May 2015
Committee Report Debated Hansard
5 speakersShow Speakers
1.Sen. the Hon. Larry Howai [Minister of Finance and the Economy]
2.Sen. Faris Al-Rawi, SC [Opposition Senator]
3.Sen. Dr. Dhanayshar Mahabir [Independent Senator]
4.Sen. David Small [Independent Senator]
5.Sen. the Hon. Larry Howai [Minister of Finance and the Economy]
26 May 2015
3rd Reading and Passage of the Bill Hansard
23 for, none against, four abstentions
1 speakersShow Speakers
1.Sen. the Hon. Larry Howai [Minister of Finance and the Economy]
27 May 2015
House of Representatives
Bill incorporating Senate amendments
1 speakersShow Speakers
1.Sen. the Hon. Larry Howai [Minister of Finance and the Economy]
29 May 2015
2nd Reading of the Bill Hansard
4 speakersShow Speakers
1.Sen. the Hon. Larry Howai [Minister of Finance and the Economy]
2.Hon. Stephen Cadiz, MP [Chaguanas East] [Minister of Transport]
3.Hon. Carolyn Seepersad-Bachan, MP [San Fernando West] [Minister of Public Administration]
4.Hon. Rudranath Indarsingh, MP [Couva South] [Minister of State in the Ministry of Finance and the Economy]
17 Jun 2015
Bill Lapsed