CABINET at its meeting on Wednesday, received an up-date on the progress to re-finance the $170m UK-guaranteed loan bond by 22 February 2016. A Draft Request for Proposal will be presented to the next meeting of Cabinet on 23 September for approval;
Minister of Finance is expected to sign a non-binding Aide Memoire produced by the Caribbean Development Bank (CDB) following its Policy Reform Mission to TCI in August, subject to amendments to existing wording. A Country Strategy Paper produced by the CDB, will also be presented to the next meeting of Cabinet on 23 September for approval.
CABINET noted procurement waivers granted between April-June 2015 according to the provisions of Section 21 of the Public Procurement Ordinance 2012.
It noted as well recommendations of the Procurement Board to award contracts in line with the Public Procurement Ordinance 2012 as follows – TR14/39 an amendment to the Grand Turk Master Plan; TR15/5 Framework Agreement for Consultancy for TCIG Capital Projects; and TR15/20 Energy Audit and Evaluation of the Hon. N J S Francis Building;
Governor Beckingham was advised to agree to the extension of the UK Armed Forces Act 2006 and the UK Armed Forces Bill 2015 to the Turks and Caicos Islands.
At that meeting on Wednesday, CABINET considered a request for change to the Draft Development Agreement and Accreted Land Lease between the developer, TCI Toscana GP Ltd and Vista Development Ltd, and the Turks and Caicos Islands Government and agreed to request the developer to provide an up-to-date description of the proposed amendment to the scope of the development with confirmation of eligibility requirements and to meet other conditions stipulated by TCIG in response to proposals put forward by the developer.
His Excellency the Governor was advised to approve the Telecommunication Taxation (Amendment) Bill 2015 for forwarding to the House of Assembly; Gov. Beckingham was advised to grant a business license to Crust Holding Ltd to operate in reserved business activities under the Business Licensing Regulations 5 Section 30 and to notify the Permanent Secretary at the Ministry of Finance of Cabinet’s decision; to grant a business licence to the owners of the M/V Lady Aria to operate in reserved business activities under the Business Licensing (Amendment), (No.3) and in both instances, to notify the Permanent Secretary at the Ministry of Finance of Cabinet’s decision.
CABINET at its meeting on Wednesday, advised His Excellency the Governor to make several appointments to the various boards. Captain Harold Williams is the Deputy Chairman of the TCI Civil Aviation Authority Board for a period of one year;
Mr. Norman Hamilton, a member of the National Insurance Board has been appointed as Employer Representative for a period of one year; Ms. Naysia Missick to the post of Collector of Stamp Duty in accordance with Section 3 (1) of the Stamp Duty Ordinance;
The Physical Planning Appeal Tribunal has as its Chairman, Mr. Royal Robinson; members are John A. Williams; Paul A Gardiner; Brian Cyrus and James Parker; and Natasha Hall has been appointed Secretary of the Physical Planning Tribunal;
CABINET at Wednesday’s meeting, also approved the submission of the Statement of Net Excess Expenditure to the House of Assembly; It agreed that the Department for Planning should budget for the cost of 15 meetings of the Physical Planning Board per annum; and it approved the renewal of a lease arrangement for the rental of office space for the Internal Audit Department on the second floor of the building on block parcel 10306/68 in Grand Turk owned by J C Development; Physical Planning Appeal Tribunal – Royal Robinson (Chairman); John A Williams (Member); Paul A Gardiner (Member); Brian Cyrus (Member); James Parker (Member); and the appointment of Natasha Hall as Secretary of the Physical Planning Tribunal.
