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Bills

2nd Session of the 11th Republican Parliament

The Insurance Bill, 2016

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

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.

Introduced By:
Colm Imbert
Bill No:
House of Representatives Bill 9 of 2016
Introduced On:
01-Jul-2016
Published In Gazette On
01-Jul-2016, Vol. 55, No. 113
Status
House of Representatives - Committee Report Laid

Progress

1 Jul 2016
House of Representatives
This Bill was carried over from the First Session of the 11th Parliament.
1 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
3 Feb 2017
2nd Reading of the Bill
3 speakersShow Speakers
1.Hon. Faris Al-Rawi, SC, MP [San Fernando West] [Attorney General]
2. Dr. Tim Gopeesingh, MP [Caroni East] [Opposition Member]
3.Hon. Faris Al-Rawi, SC, MP [San Fernando West] [Attorney General]
3 Feb 2017
Referred to Committee
Joint Select Committee on the Insurance Bill, 2016
1 speakersShow Speakers
1.Hon. Faris Al-Rawi, SC, MP [San Fernando West] [Attorney General]
8 Sep 2017
Committee Report Laid
The work of the Committee was carried over to the 3rd Session
1 speakersShow Speakers
1.Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
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