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Bill Progress in the House of Representatives

2nd Session of the 11th Parliament

The Insurance Bill, 2016

An Act to repeal and repalce 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.

Bill No.: House of Representatives Bill 9 of 2016
Introduced in: House of Representatives
Introduced by: The Honourable Colm Imbert [Minister of Finance]
Introduced on: 01-Jul-2016
Published in Gazette on: 06-Oct-2016, Vol. 55, No. 113
House of Representatives
01-Jul-2016 1st Reading PDF icon (537.5 kb) | Hansard PDF icon (931.1 kb)
Hon. Colm Imbert, MP [Diego Martin North/East] [Minister of Finance]
This Bill was carried over from the First Session of the 11th Parliament.
03-Feb-2017 2nd Reading | Hansard PDF icon (607.5 kb)
Hon. Faris Al-Rawi, MP [San Fernando West] [Attorney General]
Dr. Tim Gopeesingh, MP [Caroni East] [Opposition Member]
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