Financial Assistance (Amendment) Bill, 2026
BillAs published — Extraordinary Gazette 37/2026, Supplement 1; not yet verified against legislation.gov.ky
Reproduced with the permission of the Attorney General of the Cayman Islands. Crown copyright. Commercial reuse requires permission from the Cayman Islands Attorney General's Chambers. This is an unofficial research copy; verify the official PDF.
FINANCIAL ASSISTANCE (AMENDMENT) BILL, 2026
A BILL FOR AN ACT TO AMEND THE FINANCIAL ASSISTANCE ACT, 2022 TO REDUCE THE PRESCRIBED RESIDENCY PERIOD FOR FINANCIAL ASSISTANCE ELIGIBILITY; AND FOR INCIDENTAL AND CONNECTED PURPOSES.
PUBLISHING DETAILS
Sponsoring Member: Hon. Kenneth V. Bryan, JP, MP, George Town Central
Introduced
Financial Assistance (Amendment) Bill, 2026 Objects and Reasons
Memorandum of OBJECTS AND REASONS
This Bill amends the Financial Assistance Act, 2022.
Clause 1 provides the short title and commencement.
Clause 2 amends section 10(3)(b) of the Act to reduce the prescribed residency timeline from eight months to three months. This amendment aims to remove a significant barrier for Caymanians returning from overseas, ensuring they are not left without support and are eligible to access critical financial support without undue delay during the critical period of repatriation.
Introduced
Introduced
Financial Assistance (Amendment) Bill, 2026 Clause 1
FINANCIAL ASSISTANCE (AMENDMENT) BILL,
A BILL FOR AN ACT TO AMEND THE FINANCIAL ASSISTANCE ACT, 2022
ENACTED by the Legislature of the Cayman Islands.
Short title and commencement
#1. (1) This Act may be cited as the Financial Assistance (Amendment) Act, 2026.
(2) This Act shall come into force on such date as may be appointed by Order made by the Cabinet.
Introduced
Financial Assistance (Amendment) Bill, 2026 Clause 2
Amendment of section 1 0 o f the Financial Assistance Act, 2022
#2. The Financial Assistance Act is amended in section 10(3)(b) by deleting the word
“eight” and substituting the word “three”.
Passed by the Parliament the day of , 2026.
Speaker
Clerk of the Parliament
Introduced