The First (1st) Sitting of the First (1st) Meeting of the Third (3rd) Session of the Twelfth (12th) Legislature of the House of Assembly of the Turks & Caicos Islands
The Opening Ceremony for the First (1st) Sitting of the First (1st) Meeting of the Third (3rd) Session of the Twelfth (12th) Legislature of the House of Assembly occurred on the 14th September at 10 o’clock in the forenoon with its usual pomp and fanfare.
During the proceedings, the Honourable Premier and Minister for Public Policy, Hon. C. Washington Misick, moved
the motion that the House of Assembly be suspended to allow for the reading of the Speech from the Throne, presented by Her Excellency, the Governor Dileeni Daniel-Selvaratnam.
The Speech from the Throne, having highlighted some of the Government’s accomplishments since being elected to office on 19th February 2021, culminated with the proposed Legislative Agenda to be considered for the upcoming legislative year which included, but is not limited to:
Constitution (Amendment) Order;
Retiring Allowance (Amendment) Bill;
Community College (Amendment) Bill;
Gaming Control (Amendment) Bill;
Business Licensing (Amendment) Bill;
Real Estate Licensing Bill
Immigration Bill; and
Crown Land (Amendment) Bill
The Speech from the Throne took a long-term perspective and placed emphasis on fulfilling the objectives of the Vision 2040 document and the Government’s strategic plan to move the Turks and Caicos Islands towards developed country status within the next two decades by investing in projects and policies that will result in a more robust triple-bottom-line economy.
The Speech from the Throne also addressed short to medium term deliverables; highlighting that the Governmen
t has twelve (12) high-priority projects being progressed. It posited that the National Delivery Unit (NDU) is tasked with assisting project owners and implementers advance the Government’s priorities. The value added by this Unit is the facilitation with streamlining of project management processes to ensure the most efficient timelines and use of available resources – all for the ultimate benefit of the citizens of the Turks and Caicos Islands.
The day’s proceeding ended with a motion entitled: Write-Off of TC Invest/TOLCO Loan that was tabled by the Minister of Finance, the Honourable E. Jay Saunders. The motion which sought to write off $10.8 million in debt accumulated by scores of borrowers was passed. This write-off was a welcomed intervention by many Turks and Caicos Islanders, laden with debt obligations for over 11 years following the divestiture of the former TC Invest Agency. The write-off directly affects over 150 borrowers but is indirectly beneficial to many more.
For some, giving them a second lease on life, which, when property ownership is considered can be extended to inter-generationally.