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Senate sitting, today

By Office of the Parliament

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(PRESS RELEASE) – A Sitting of the Senate is scheduled for Tuesday, December 3rd, 2019 at 10 a.m. view details below.

ORDER PAPER

PRAYERS

ANNOUNCEMENTS BY MADAM PRESIDENT

STATEMENTS BY MINISTERS

PAPERS TO BE LAID

By the Honourable Minister for Health and Wellness and Leader of

Government Business:

Statutory Instrument No. 146 of 2019

Legal Profession (Eligibility) (Andrew Ramjohn) Order

Statutory Instrument No. 149 of 2019

Value Added Tax – Resolution of Parliament to approve draft Value Added Tax

(Amendment of Schedules 1 and 3) Oder

Statutory Instrument No. 150

Burial and Cremation (Designation of Public Burial Ground) Notice

Statutory Instrument No. 151 of 2019

Standards (Appointment of Director of the Saint Lucia Bureau of Standards)

(Validation) Notice

Statutory Instrument No. 152 of 2019

Price Control (Amendment) (No. 17) Order

Statutory Instrument No. 153 of 2019

Excise Tax (Amendment of Schedule 1) (No. 15) Order

By the Honourable Minister in the Ministry of Tourism, Information,

Broadcasting, Culture and Creative Industries:

Statutory Instrument No. 147 of 2019

Tourism Incentives (Fond Doux Estate Limited) Order

Statutory Instrument No. 148 of 2019

Tourism Incentives (Carib Invest Capital Ltd.) (Revocation) Order

MOTION

By the Honourable Minister for Health and Wellness and Leader of

Government Business:

1. BE IT RESOLVED that Parliament authorizes the Minister for Finance to borrow by

means of advances sums not exceeding fifty-five million dollars from commercial

banks, for a period of six months from the date hereof, which sums shall be charged

on and paid out of the Consolidated Fund.

2. BE IT RESOLVED that Parliament authorizes the Minister for Finance to borrow

US$6,000,000.00 by way of credit (in this Resolution referred to as “the Credit”) from

the International Development Association for capital expenditure for the OECS

Regional Health Project;

BE IT FURTHER RESOLVED that –

(a) The Maximum Commitment Charge Rate payable on the Unwithdrawn

Financing Balance is ½ of 1% per annum;

(b) a Service Charge is payable on the Withdrawn Credit Balance that is equal to

the greater of –

(i) the sum of ¾ of 1% per annum plus the Basis Adjustment, and

(ii) ¾ of 1% per annum;

(c) an Interest Charge is payable on the Withdrawn Credit Balance that is equal

to the greater of –

(i) the sum of one and ¼% per annum plus the Basis Adjustment, and

(ii) 0% per annum; and

(d) the principal amount of the Credit is repayable on each 15th day of February

and 15th day of August –

(i) commencing on the 15th day of August, 2029 to, and including, the 15th day

of February, 2039 at the rate of 1%,and

(ii) commencing on the 15th day of August, 2039 to, and including, the 15th

day of February, 2059 at the rate of 2%.

BILLS

By the Honourable Minister for Health and Wellness and Leader of

Government Business:

*Millennium Heights Medical Complex (Amendment) – First Reading

*Fiscal Incentives (Amendment) – First Reading

* It is the intention of the Honourable Minister to seek leave of the Senate to enable

these Bills to go through all its stages at this Sitting.

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