Ghana’s Parliament has passed a number of Bills into Law during the Second Meeting of the Fourth Session of the Sixth Parliament.
During the Meeting, the House passed a total of 19 (nineteen) Bills. The passed Bills are the Maritime Pollution Bill, 2015, the Chartered Institution of Taxation Bill, 2014, the Revenue Administration Bill, 2016, the National Disaster Management Organisation Bill, 2015, the Supplementary Appropriation Bill, 2015 and the Technical Universities Bill, 2016.
The others are the Bank of Ghana (Amendment) Bill, 2016, the Securities Industry Bill, 2015, the Public Financial Management Bill, 2016, the Petroleum (Exploration and Production) Bill, 2016, the Ghana Deposit Protection Bill, 2015 and the Banks and Specialised Deposit Taking Institutions Bill, 2015.
The rest are the Land Use and Spatial Planning Bill, 2016, the Public Private Partnership Bill, 2016, the Ghana Geological Survey Authority Bill, 2016, the Hazardous and Electronic Waste Control Management Bill, 2016, the Customs (Amendment) Bill, 2016, the Companies (Amendment) Bill, 2016 and the Income Tax (Amendment) (Number 2) Bill, 2016.
‘Mr. Speaker, the Ghana Deposit Protection Bill, 2015 and the Banks and Specialised Deposit Taking Institutions Bill, 2015 are particularly instructive as they represent a timely response to the call by the House for the Bank of Ghana (BOG) to take urgent measures to protect the interest of depositors particularly, funds of innocent investors with microfinance companies’, the Deputy Majority Leader of Parliament, Alfred Agbesi (Hon.) said this on the floor of the House. He urged the BOG to implement the provisions of the Bills when they come into force.
At the Second Meeting, the House had 45 Sittings within a period of 11 (eleven) weeks which commenced on Tuesday, the 17th of May, 2016 and ended on Friday, the 5th of August, 2016. The House has been on recess since the 5th of August, 2016 and it is expected to reconvene soon for the Third Meeting, which will end the life of the Fourth Session of the Sixth Parliament of the Fourth Republic of Ghana.