Speeches by The Hon E. David Burt, JP, MP

12 Feb 2016 House of Assembly

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135 words

Thank you very much, Mr. Speaker. Mr. Speaker, pursuant to Standing Orders, as I had informed you earlier there was a question that was deferred from a previous sitting to the Minister of Finance regarding the compensation that was given to the members of the . . . I want to say “ financial, ” but not Financial -ability Board, …

12 Feb 2016 House of Assembly

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23 words

I have the answer, but I would like the answer to be read into the public domain so the public can hear it.

12 Feb 2016 House of Assembly

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4 words

Thank you, Mr. Speaker.

12 Feb 2016 House of Assembly

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360 words

Thank you very much, Mr. Spea ker. Mr. Speaker, on a matter of condolence, on the first item, I would like to extend condolences to the family of one of my constituents, Ms. Helen Burgess, who passed away over the holiday period. And she passed away in her 89 th year of life. So I would like condolences to be …

12 Feb 2016 House of Assembly

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67 words

Thank you, Mr. Speaker. And as I said, Mr. Speaker, I would like to congratulate the Premier for having the courage to come to this House and deliver bad news. And one would hope that the Honourable Minister responsible for Tourism would come to this House, deliver the news that air arrivals hit a 49- year low. Thank you. Hon. …

12 Feb 2016 House of Assembly

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5 words

Point of order, Mr. Speaker.

12 Feb 2016 House of Assembly

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50 words

Mr. Sp eaker, pursuant to Standing Orders, specifically Standing Order 28(1), “any Member may move for leave to introduce and read a Bill for the first time by its title, which motion shall be put down forthwith and decided without amendment or debate.” There is no notice provision required —

12 Feb 2016 House of Assembly

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4 words

—under Standing Order 28.

12 Feb 2016 House of Assembly

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1 words

Eighteen.

12 Feb 2016 House of Assembly

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1,600 words

Thank you very much, Madam Deputy Speaker, and good afternoon. 548 12 February 2016 Official Hansard Report Bermuda House of Assembly Madam Deputy Speaker, this legislation whic h is quite voluminous (for members of the public who may be listening) it has a total of about 200 pages and has numerous clauses, about 314 clauses, and it is really a …

12 Feb 2016 House of Assembly

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555 words

My sincere apologies. I was not trying to . . . that was . . . I thought your family was involved with Cap. Did you not take it back over after you sold it? I am sorry. Either way, that is not neces-sary for the description. What I am saying is that when it comes to a bank, the …

12 Feb 2016 House of Assembly

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280 words

Thank you very much, Madam Chairman. Madam Chairman, I am on [clause] 12 b ecause [clause] 12, I think, is an important point and there is this issue with the bridge bank. Of course we have various stabilisation options that exist that are defined in the law. We have the private sector purchaser where we can force the sale of …

12 Feb 2016 House of Assembly

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145 words

Thank you very much, Madam Chairman. Madam Chairman, I thank the Minister for his response. But I guess the question is . . . and I just want to get clarity here because I want to speak about the issue, and I do not want to talk about the elephant in the room. The question is when does public money …

12 Feb 2016 House of Assembly

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261 words

Thank you very much. I want to move to clause 85. And clause 85, I think, presents some challenges and questions; of course, challenges when we talk about the institution, I guess, of democracy because this Bill is giving the Minister power to make law without coming to Parli ament. I think this is an issue where it is a …

12 Feb 2016 House of Assembly

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92 words

This says “affirmative.” Hon. E. T. (Bob) Richards: Yes. So if it is not the affirmative resolution procedure, it is the negative resolution procedure. Right? So, I mean, we have lots of situations where the Government can do things by the negative resolution procedure. I am getting a “no” here. [Crosstalk] Hon. E. T. (Bob) Richards: My note says this …

12 Feb 2016 House of Assembly

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300 words

Thank you very much, Madam Chairman. Madam Chairman, I understand what the Mi nister says a nd that is fine because the Act does state that . . . the clause does state that it has to go back to Parliament. However, it states that [if] within 28 days it lapses and if Parliament does not pass it, that the …

12 Feb 2016 House of Assembly

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184 words

Thank you very much, Madam Chairman. I would ask the Minister if he could clarify when this process would take place—the whole issue of bank insolvency —as I know we have the whole i s562 12 February 2016 Official Hansard Report Bermuda House of Assembly sue of stabilisation where they are trying to stabilise the banks to make sure they …

12 Feb 2016 House of Assembly

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183 words

Thank you very much, Madam Chairman. I am not trying to jump back to clauses which we have already approved, but I just want to make it clear, and I just need for understanding purposes, that the insolvency only happens after a stabilisation, or may it be the time where insolvency happens prior to stabilisation? I guess I just want …

12 Feb 2016 House of Assembly

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401 words

Thank you very much. Madam Chairman, although it is not specifically dealing with these clauses I do have something specific with cla use 310, but it is tangentially related to clause 301. And there is a question from one of the Members on my side regarding the schedule of pref-erential debts and the definition of debts and how that applies …

12 Feb 2016 House of Assembly

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382 words

Thank you. I accept the Minister’s answer. The challenge that I have is that unlike the emergency powers which we discussed under Division 2, which specifically states that the Minister can make an order, the order is subject to the affirmative resolution procedure, if Parliament is not sitting and he does not feel the need he can made the order, …