Speeches by Scott Pearman, MP

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

9 words

I believe mine should be the same as yours.

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

4 words

Thank you, Mr. Chairman.

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

26 words

Grateful. Oh, it was a point of order. I think I was . . . was I sitting down? Oh, no. I had one more matter.

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

161 words

I was on my feet for one more matter and that was clause 5(5)(b) and that is the clause that commences [with clause 5(5)], talking about . . . “may advise the Minister on matters that relate to the general administration and enforcement of Bermuda’s corporate [income] tax regime, except that nothing in this Act authorises the Board” and I …

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

16 words

So those are my questions in relation to clauses 1 through 5. Thank you, Mr. Chairman.

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

125 words

Thank you, Mr. Chairman. And I am happy to provide that clause. It is clause 5(5)(a). Hon. E. David Burt: Thank you, Mr. Chairman. In regard to clause 5(5)(a) where it speaks to these particular matters, I will say that given the tech-nical area of expertise which lies in the technical team and consistent with other tax agencies, it has …

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

94 words

Thank you, Mr. Chairman. I believe there was one additional question which was the [clause] 5(5)(b) which was the meaning of tax matters. And while I am on my feet, I notice that there was in fact another point that I did not ask in relation to clause 5 which is why is the Board not being Bermuda House of …

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

16 words

Well, it would be in clause 5 in relation to the Board of Directors. Thank you.

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

6 words

So, it is those two points.

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

112 words

Thank you, Mr. Chairman. In relation to clause 6(1), the appointment of the Chief Executive Officer is being carried out with the approval of the Minister. And I would just like to know from the Honourable Finance Minister why that decision is not being left to the Board? The second of three questions is at [clause] 6(2), and it relates …

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

3 words

Over the page.

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

20 words

Well, I don’t know how my printer worked, so . . . clause 6(6). It begins, “If the Minister delegates.”

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

42 words

So, my question there is, Why is the Board being effectively bypassed there? Why wouldn’t that be channelled through the Board and what might be said to be in the usual way? Those are the three questions for clause 6. Thank you.

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

104 words

Thank you, Mr. Chairman. My question is at clause 10(3) which is the provision that requires the submission to the Minister for his approval a draft budget that has been approved by the Board. And I am just . . . we did cover this in general debate, but if I could have a more specific answer. Just the interplay …

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

78 words

Thank you, Mr. Chairman. At Schedule 2, [paragraph] 2, which is the inserting of section 50A, there is reference there to the establishment of a “tax refund reserve fund.” Obviously, that is probably self -evident what a tax refund reserve fund is, but could the Honourable Minister kindly speak to the interplay envisaged at [section] 50A(2) between the tax refund …

19 Jul 2024 House of Assembly

Official Hansard Report - House of Assembly

59 words

The Honourable Minister is misleading the House. We do not have a balanced budget. We have a projected balanced budget. We will not know if we are on a balanced budget until we see the end of the economic period. And at the rate we are going with extra money being thrown around, I doubt we will see that.

12 Jul 2024 House of Assembly

Official Hansard Report - House Of Assembly

70 words

Thank you, Mr. Speaker. Honourable Premier, your Government is proposing legislative changes around clean air coming on the back of the BELCO emissions concerns. Government allowed only three weeks for the consultation period, and stakeholders have requested an extension of time and have been denied that request for an extension of time. Can you explain why that extension request was …

12 Jul 2024 House of Assembly

Official Hansard Report - House Of Assembly

69 words

Thank you, Mr. Speaker, and good morning. Thank you, Honourable Premier. In your Statement you referred to reforms in relation to pensions and the capping of fees by pension providers. You referred to this being collaborative between the Government and the pension administrators. And you referred to private sector. So it was no t clear from your Statement: Will this …

12 Jul 2024 House of Assembly

Official Hansard Report - House Of Assembly

76 words

All of my interests are declared on the website of the Parliament, and I do have a pension, yes. Hon. E. David Burt: Thank you, Mr. Speaker. Just for full note, I know that [the Honourable Member’s] declarations do include matters related to Bermuda Fire and Marine and also Argus [Insurance Company] as well, who are pension administrators, Mr. Speaker. …

12 Jul 2024 House of Assembly

Official Hansard Report - House Of Assembly

75 words

Point of order. Those interests are declared on the public website in accordance with the law. Thank you. Bermuda House of Assembly The Speaker: Yes. I was about to say that we like to make sure that Members keep that registry current. And I think his is current on that. Any changes to it? Please make it known. Thank you. …