Financial services bills pass in House

Thu, Jul 25th 2019, 08:14 AM

A compendium of financial services bills, including the Non-Profit Organisations (Amendment) Bill, 2019, was unanimously passed in the House of Assembly yesterday.

Exumas and Ragged Island MP Chester Copper, who serves as shadow minister of finance, said the opposition did not have any “burning issues” with the bills.

He described the Non-Profit Organisations (Amendment) Bill, 2019 as “better” than the original bill.

“The amendments also [introduce] this concept of an umbrella organization that can register all of its constituent units one time as opposed to duplicating that process a dozen times for a church with numerous locations,” Cooper said.

Click here to read more at The Nassau Guardian

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