Control and Management of Covid-19 Regulations, 2022

PUBLIC RECORDER (AMENDMENT) BILL, A BILL FOR AN ACT TO AMEND THE PUBLIC RECORDER ACT (2010 REVISION) TO PROVIDE FOR A FIFTY PER CENT REDUCTION IN FEES PAYABLE BY OLDER PERSONS FOR THE RECORDING OF A DEED POLL BY THE PUBLIC RECORDER; AND FOR INCIDENTAL AND CONNECTED PURPOSES

PUBLISHING DETAILS Sponsoring Ministry/Portfolio: Ministry of Financial Services and Commerce (FSC)

Objects and Reasons

Memorandum of OBJECTS AND REASONS This Bill seeks to amend the Public Recorder Act (2010 Revision) to provide for a fifty per cent reduction in fees for older persons for the recording of a deed poll by the Public Recorder and for incidental and connected purposes. Clause 1 of the Bill provides the short title of the legislation. Clause 2 amends section 4 of the Public Recorder Act (2010 Revision) to provide for a fifty per cent reduction in fees for older persons for the recording of deed polls by the Public Recorder.

Clause 1

A BILL FOR AN ACT TO AMEND THE PUBLIC RECORDER ACT (2010 REVISION) TO PROVIDE FOR A FIFTY PER CENT REDUCTION IN FEES PAYABLE BY OLDER PERSONS FOR THE RECORDING OF A DEED POLL BY THE PUBLIC RECORDER; AND FOR INCIDENTAL AND CONNECTED PURPOSES ENACTED by the Legislature of the Cayman Islands. Short title This Act may be cited as the Public Recorder (Amendment) Act, 2022.

Clause 2

Amendment of section 4 of the Public Recorder Act (2010 Revision) - documents for recording The Public Recorder Act (2010 Revision) is amended in section 4 by inserting after subsection (2) the following subsection — “(2A) Notwithstanding subsection (2)(b), where a person who is sixtyfive years of age or older submits a deed poll to the Public Recorder to be recorded, the person shall pay to the Public Recorder fifty per cent of the fee specified in subsection (2)(b).”. Passed by the Parliament the day of

Speaker

Clerk of the Parliament