Income Tax (Amendment) Bill 2016
- Bill Number:31/2016
- Bill Status:On Order Paper
- Date Published:20 December, 2016
- Date of First Reading:20 December, 2016
- Document: Bill no. 31 of 2016 - Size: 732.59 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.
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