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Phillips tables Bill to amend Pensions Act

Dr. Peter Phillips, Minister of Finance, on Tuesday tabled a bill in Parliament to amend the Pensions Act.

It will validate the collection of licensing fees for pension schemes by the Financial Services Commission (FSC). 

Dr. Phillips also tabled a bill to amend the Income Tax Act. It will repeal parts of the legislation that grant fiscal incentives to specific sectors of the economy.


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