*Important Notice : Guided tours to the Parliament Chamber are suspended until further notice as a preventative measure in response to Covid-19

Status of the Bill

Bank Of Guyana (Amendment) Bill 2018

This Act, which amends the Bank of Guyana Act, may be cited as the Bank of Guyana (Amendment) Act 2018.

  • Bill Number:6/2018
  • Bill Status:Passed
  • Date Published:25 April, 2018
  • Date of First Reading:26 April, 2018
  • Date of Second Reading:13 July, 2018
  • Document: 6 of 2018 - Size: 78.85 KB
  • Bill Presented by :

    Hon. Winston DaCosta Jordan

    Minister of Finance

This Billed was tabled during Eleventh Parliament

Progress of this bill

In Bill
Introduced
15/10/15
1 First
Reading
04/05/16
SC Select
Committee
29/06/17
2 Second
Reading
26/07/17
CH Committee of
whole House
28/11/17
3 Third
Reading
30/11/17
PA Presidential
Assent

How does a Bill become law

There are two types of laws in Guyana, common law and statute law. Common law is made by the decisions of judges in court cases. Statute law, or law of the land, is made by Parliament. A legal proposal introduced in the National Assembly is called a bill According to the Constitution, any member of the National Assembly may introduce a bill in the Assembly. However, most bills are sponsored by the Government. Bills relating to the national budget, taxation and other financial matters require the recommendation or consent of the Cabinet.
Learn more...