Bill passed: Finance Minister seeks to oversee WASA, T&TEC borrowing
A Bill outlining amendments to borrowing powers for the Water and Sewerage Authority (WASA) and the Trinidad and Tobago Electricity Commission (T&TEC) was passed with amendments in Parliament. The legislation, titled ‘The Miscellaneous Amendments (Powers of Statutory Authorities and Matters related to certain Boards) Bill, 2020’, was committed to a Committee of the Whole Senate for consideration. According to the Bill Essentials, the Bill would amend Section 21 of the Trinidad and Tobago Electricity Commission Act by mandating that T&TEC obtain approval from the Minister of Finance rathe...
Source: looptt.com