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Parliament resumes
5/5/2009
THE House of Assembly returns from recess today with Government set to ask Parliament’s approval of functions already performed by the Anti-Money Laundering Authority.
In what is the newest item on the Order Paper, Attorney General Freundel Stuart is set to move the First Reading of the Money Laundering and Financing of Terrorism (Prevention and Control) (Validation of Functions) Bill, 2009.
It is asking Parliament to approve “certain acts performed by the Anti-Money Laundering Authority in pursuance of its functions under the Money Laundering and Financing of Terrorism (Prevention and Control) Act, Cap. 129”.
“All functions purported to have been performed by the Anti-Money Laundering Authority in pursuance of the Money Laundering and Financing of Terrorism (Prevention and Control) Act during the period August 1, 2006 to September 14, 2008 (both dates inclusive), and all matters purported to have been done under that Act shall be deemed to have been lawfully and validly performed and done as if the Authority had been lawfully and validly appointed under section 5 of that Act,” the notice stated.
Other matters on the Order Paper had been there prior to the Lower House rising on recess and including Stuart moving the Second Reading of the Caribbean Court of Justice (Amendment) Bill, 2009, and the Second Reading of the Constitution (Amendment) Bill, 2009.
Additional items in the name of Prime Minister David Thompson included moving the passing of a Resolution to approve the Arts and Sport Promotion Fund (Amendment) Regulations, 2008; moving the passing of a Resolution to approve the guarantee by the Minister responsible for Finance of the payment of the principal sum of $ 50 million and interest thereon to be borrowed by the Barbados Port Inc. from BNB Finance & Trust Corporation for the purpose of financing a portion of the Company’s existing debt and its ongoing capital works programme.
Today’s session marks the 35th sitting of this current session of the 2008-2013 Parliament, which began on February 12 last year.
The House is scheduled to discuss a number of matters over the next few weeks in the lead-up to this year’s Budget, previously scheduled to be delivered by the Prime Minister and Minister of Finance Thompson on May 18.
Parliament has already debated and approved the 2009/2010 Estimates of Revenue and Expenditure. (SC)
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