The BVI Beacon
HOA passes 11 bills in two days
Over the past week, legislators passed 11 bills in two days, including one that will alter their retirement package in a way that has not yet been disclosed to the …
Before adjourning late Tuesday night, the House of Assembly passed 11 bills ranging in subject from retirement benefits to tax evasion and other financial crimes. The ninth sitting started on May 13 and continues next Thursday. (Screenshot: HOA YOUTUBE)
Over the past week, legislators passed 11 bills in two days, including one that will alter their retirement package in a way that has not yet been disclosed to the public.
Court of Justice Fees Amendment Act 2021 passed by Parliament
The Court of Justice Fees Amendment Act 2021 has been passed in Parliament.
This as the Eastern Caribbean Supreme Court commenced implementation of a new filing system, the E-Litigation Portal, in November of 2018.
The court is seeking to implement the portal in the Commonwealth of Dominica and in order for the portal to be introduced, it was necessary for an amendment of the Courts of Justice Fees Act to be passed by Parliament.
Minister for Justice, Immigration and National Security, Hon. Rayburn Blackmoore, who introduced the Bill to Parliament, explained the new portal will reduce the filing of court documents on paper.
NAGICO has assumed control of CLICO St. Lucia non-EFPA policies
Pursuant to a Scheme for Transfer of Insurance Business Agreement between CLICO International Life
Insurance Limited (“CLICO”) and NAGICO Life Insurance (EC) Limited (“NAGICO Life”) which was approved by the Eastern Caribbean Supreme Court on January 15, 2021, the Insurance Business of CLICO the annuity/pension, life, and medical insurance policies were assumed by NAGICO Insurances.
List of policies include the following:
Individual Medical Policies (names include Advantage Silver, Advantage Gold, Advantage Platinum and
Col-Med)
Individual Deferred Annuities (specific name Flexible Premium Annuity NOT to be confused with the
Executive Flexible Premium Annuity aka EFPA)
The BVI Beacon
Cabinet Briefs (March 31, April 7 and April 14, 2021)
Governor John Rankin chaired Cabinet meetings on March 31, April 7 and April 14 at the Financial Services Commissionâs Conference Room in Pasea. All members were present at all three …
Governor John Rankin chaired Cabinet meetings on March 31, April 7 and April 14 at the Financial Services Commissionâs Conference Room in Pasea. All members were present at all three meetings.
March 31 meeting
On March 31, the Cabinet took the following actions, according to a summary provided by the Cabinet Office.
1. Noted that the contract with WorldReach Software Corporation to establish the passport processing system and the secure network infrastructure and passport application processing services using the PassportReachTM was extended for an additional four years, commencing April 1, 2021, followed by six optional one-year periods, and noted the increase in passport application processing fee from $27 to $28
The BVI Beacon
HOA members review their retirement plan
Following reported complaints from retired legislators about an âanomalyâ with how their retirement funds are tabulated, the House of Assembly is considering changing a law to address the issue. Premier …
A review of public service employees is in the works at the same time that House of Assembly members are scrutinising elected officials’ retirement plans. (Screenshot: HOA YOUTUBE)
Following reported complaints from retired legislators about an âanomalyâ with how their retirement funds are tabulated, the House of Assembly is considering changing a law to address the issue.
Premier Andrew Fahie brought the Retiring Allowances (Legislative Services) Amendment Act 2021 to the HOA for a first reading on April 29, and then amended the order paper for special permission to move the bill forward for second and third readings that day. The bill was not