TURKS AND CAICOS POST CABINET MEETING STATEMENT
His Excellency the Governor, Peter Beckingham, chaired the 27th meeting of the Cabinet on Wednesday, 21 October 2015, at the Hon. Hilly Ewing Building in Providenciales.
All Ministers were present except the Hon. Minister of Infrastructure, Housing and Planning and the Hon. Minister of Tourism, Environment, Heritage and Culture.
At this meeting Cabinet:
Advised His Excellency the Governor to approve the draft Trusts Bill 2015 for forwarding to the House of Assembly but to convene a further consultative meeting before the House of Assembly meeting;
Advised His Excellency the Governor to approve the draft Trust Companies (Licensing and Supervision) Bill 2015 for forwarding to the House of Assembly but to convene a further consultative meeting before the House of Assembly meeting;
Discussed proposals for refinancing of the $170 million UK-guaranteed loan bond;
Advised His Excellency the Governor that the Electronic Transactions (Certification Service Providers Relevant Criteria) Regulation 2015 be made;
Agreed to grant a sand dredging licence to Parrot Cay for the urgent replenishment of Parrot Cay beach;
Finalised the Ambergris Cay Development Agreement between TCIG and Big Ambergris Cay Limited. A date for signing the Agreement will be announced shortly;
Advised His Excellency the Governor to include amendments to the Elections Ordinance and the Political Activities Ordinance on the legislative agenda for December 2015 in preparation for the next general election in TCI.
Further information on these matters will be provided by Ministers in due course.