The Bahamas is in critical and dire need of an Environmental Protection Act. This legislation has been promised in the past by both the FNM and PLP governments.
Cooperatives and Credit Unions could soon be subject to new legislation and the Department of Cooperative Development (DCD) will surrender its duties to the Central Bank of The Bahamas.
Why is the PLP so eager to drill before protective legislation can be implemented? Do they owe favours to Bahamas Petroleum Company? Unregulated oil drilling could be catastrophic for the country.
Legislation to protect the country’s natural resources is necessary for protection against the continual endangerment to the environment, most recently by two oil slicks.
Minister of Financial Services Ryan Pinder says new legislation dealing with intellectual property will attract industry to our shores… but only if it is enforced, which the current legislation is not.
Thirty-three Bills were passed during the 2010 session of the House of Assembly, such as the Bill for an Act to Require Businesses to hold a Business Licence, to Repeal the Business Licence Act, Chapter 329 and for connected matters.
There are several key pieces of legislation the government must bring to Parliament if it is to fulfill the aggressive legislative agenda it outlined in the Speech from the Throne last year.
New, transformative and progressive environmental legislation, achieved during the 2010/2011 fiscal year, will aid in planning natural resources expansion.