Speeches by The Hon. Jache Adams, JP, MP

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

284 words

Mr. Chairman, clause 2 amends section 24(9) of the principal Act by inserting a new paragraph (f) to enable a member or former member of a defined contribution pension plan or a local retirement product, who has not attained the normal retirement age and who is to be a first time homeowner, for such member, their husband or wife, or …

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

9 words

Mr. Chairman, I move that the preamble be approved.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

11 words

Mr. Chairman, I move that clauses 1 through 5 be approved.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

24 words

Mr. Speaker, I move that the Bill entitled Hotels (Temporary Customs Duty Relief) Amendment Act 2024 be now read for the second time [sic].

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

203 words

Mr. Speaker, Honourable Members are requested now to give consideration to the Bill entitled Hotels (Temporary Customs Duty Relief) Amendment Act 2024. Mr. Speaker, the Bill proposes to amend the Hotels (Temporary Customs Duty Relief) Act 1991 to approve an additional period of duty relief in respect of capital goods to be used in capital investment schemes for hotels. Mr. …

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

235 words

Mr. Speaker, Honourable Minister will appreciate the importance of upgrading Bermuda’s tourism product in order to revitalise the local tourism industry. The vibrant and exciting hotel sector is an essential component in the Government’s quest to provide a first -class experience for our Island’s visitors. Fortunately for Bermuda, most hoteliers are committed to upgrading their facilities to the highest standards …

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

16 words

Yes, thank you. The Speaker: You will sit out and invite other Members to speak now.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

2 words

Thank you.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

65 words

Mr. Speaker, I want to thank honourable colleagues for their contribution to this debate. I think in response to one of the questions that was raised is the fact that the Tourism Investment Act refers to land tax and payroll tax, which this particular ame ndment Act simply refers to customs duty. And so with that, Mr. Speaker, I move …

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

41 words

Clause 1 provides the citation for the Bill. Clause 2 amends section 7(2)(b)(i) of the Hotels (Temporary Customs Duty Relief) Act 1991 by deleting the reference to “31 March 2024” and substituting “31 March 2029.” Clause 3 provides for commencement .

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

67 words

Mr. Chairman, under normal circumstances businesses availing themselves on tempo-rary duty relief under CPC 5000, must adjust their initial customs declaration and pay the outstanding duty; however, hoteliers will not be required to adjust their CPC 5509 [sic] customs duty declaration with CPC 5509. This is due to the manner in which CPC 5509 was configured to be used on— …

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

12 words

I didn’t know how thorough you want me to be, Mr. Chairman.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

10 words

I can be thorough. But yes is the short answer.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

26 words

Mr. Chairman, I think the extension of the period was not progressed during the last two legislative terms due to a number of unforeseen technical issues.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

11 words

Mr. Chairman, I move that clauses 1 through 3 be committed.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

3 words

Be approved. Sorry.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

7 words

I move that the preamble be approved.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

12 words

I move that the Bill be reported to the House as printed.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

22 words

Mr. Speaker, I move that the Bill entitled Restaurants (Temporary Customs Duty Relief) Amendment Act 2024 be now read the second time.

27 Sep 2024 House of Assembly

Official Hansard Report - House Of Assembly

343 words

Mr. Speaker, Honourable Members are requested now to give consideration to the Bill en-titled Restaurants (Temporary Customs Duty Relief) Amendment Act 2024 . Mr. Speaker, the Bill proposes to amend the Restaurants (Temporary Customs Duty Relief) Act 2002 to approve an additional period of duty relief in respect of capital goods to be used in capital investment schemes for restaurants. …