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Clause 1 provides the short title of the legislation. Clause 2 amends section 2 of the principal Act to insert a definition for the words \u201cchief officer\u201d. The words \u201cchief officer\u201d are defined as the person appointed pursuant to the Public Service Management Act (2018 Revision) as chief officer in the ministry with responsibility for the Office. Clause 3 amends section 14(2) of the principal Act to provide for the new structure and constitution of the Board. The proposed subsection (2) provides that, subject to section 14(3) and (4) of the principal Act, the Board shall consist of eleven individuals being \u2014 (a) the Chair; (b) nine non-executive members; and (c) the Chief Executive Officer, as an ex officio executive member. Clause 4 amends section 18(2) of the principal Act to replace the Cabinet Secretary as the chairperson of the Nominating Committee with the chief officer. Clause 5 provides for consequential amendments to section 19 of the principal Act to remove references to the Cabinet Secretary and replace them with references to the chief officer. The amendment provides, among other things, that a non-executive member who is eligible for reappointment shall indicate by instrument in writing addressed to the chief officer the member\u2019s interest in being reappointed as a non-executive member not later than one hundred and twenty days prior to the expiration of the member\u2019s term. Clause 6 provides for a consequential amendment to section 21 of the principal Act to remove references to the Cabinet Secretary and replace them with references to the chief officer. The amendment provides that a Member may resign office by instrument in writing addressed to the Cabinet, and the resignation shall take effect as from the date of the receipt of the instrument by the chief officer. Clause 7 provides for a consequential amendment to section 23(5) of the principal Act to remove references to the Executive Directors and the Chief Fuels Inspector as clause 3 of this Bill seeks to remove these officers from the Board. Objects and Reasons Utility Regulation and Competition (Amendment) Bill, 2022 Introduced Clause 8 amends section 26 of the principal Act to provide that the chairperson of the Risk and Audit Subcommittee shall be appointed from among the Members. Clause 9 amends section 110 of the principal Act to remove the words \u201cnegligence or\u201d, thereby providing that the only claims which will not be indemnified by the Government will be claims caused by bad faith. Utility Regulation and Competition (Amendment) Bill, 2022 Arrangement of Clauses Introduced UTILITY REGULATION AND COMPETITION (AMENDMENT) BILL, 2022 Arrangement of Clauses Clause 1.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_2\", \"num\": \"2.\", \"text\": \"Amendment of section 2 of the Utility Regulation and Competition Act (2021 Revision) - 3. 4. 5. 6. 7. 8.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_9\", \"num\": \"9.\", \"text\": \"Utility Regulation and Competition (Amendment) Bill, 2022 Clause 1 Introduced UTILITY REGULATION AND COMPETITION (AMENDMENT) BILL, 2022 A BILL FOR AN ACT TO AMEND THE UTILITY REGULATION AND COMPETITION ACT (2021 REVISION) TO CHANGE THE STRUCTURE AND CONSTITUTION OF THE BOARD IN ORDER TO IMPROVE THE GOVERNANCE OF THE OFFICE; TO AMEND THE CONSTITUTION OF THE NOMINATING COMMITTEE; TO AMEND THE INDEMNIFICATION PROVISION TO PROVIDE THAT ONLY CLAIMS CAUSED BY BAD FAITH WILL NOT BE INDEMNIFIED BY THE GOVERNMENT; AND FOR INCIDENTAL AND CONNECTED PURPOSES ENACTED by the Legislature of the Cayman Islands.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_1\", \"num\": \"1.\", \"text\": \"Short title 1. This Act may be cited as the Utility Regulation and Competition (Amendment) Act, 2022. 2. Amendment of section 2 of the Utility Regulation and Competition Act (2021 Revision) - interpretation 2. The Utility Regulation and Competition Act (2021 Revision), in this Act referred to as the \u201cprincipal Act\u201d, is amended in section 2(1) by inserting after the definition of the words \u201cChief Fuels Inspector\u201d, the following definition \u2014 Clause 3 Utility Regulation and Competition (Amendment) Bill, 2022 Introduced \u201c \u201cchief officer\u201d means the person appointed pursuant to the Public Service Management Act (2018 Revision) as chief officer in the ministry with responsibility for the Office\u201d;\u201d.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_3\", \"num\": \"3.\", \"text\": \"Amendment of section 14 - structure of Board 3. The principal Act is amended in section 14 by repealing subsection (2) and substituting the following subsection \u2014 \u201c(2) Subject to subsections (3) and (4), the Board shall consist of eleven individuals being \u2014 (a) the Chair; (b) nine non-executive members; and (c) the Chief Executive Officer, as an ex officio executive member.\u201d.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_4\", \"num\": \"4.\", \"text\": \"Amendment of section 18 - appointment of non-executive members 4. The principal Act is amended in section 18(2)(a) by deleting the words \u201cCabinet Secretary\u201d and substituting the words \u201cchief officer, \u201d.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_5\", \"num\": \"5.\", \"text\": \"Amendment of section 19 - reappointment of non-executive members 5. The principal Act is amended in section 19 by deleting the words \u201cCabinet Secretary\u201d, wherever they appear, and substituting the words \u201cchief officer\u201d.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_6\", \"num\": \"6.\", \"text\": \"Amendment of section 21 - resignation 6. The principal Act is amended in section 21 by deleting the words \u201cCabinet Secretary\u201d and substituting the words \u201cchief officer\u201d.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_7\", \"num\": \"7.\", \"text\": \"Amendment of section 23 - procedure and meetings 7. The principal Act is amended in section 23(5) by deleting the words \u201c, the Executive Directors and Chief Fuels Inspector\u201d.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_8\", \"num\": \"8.\", \"text\": \"Amendment of section 26 - the Risk and Audit Subcommittee 8. The principal Act is amended in section 26(2) as follows \u2014 (a) by inserting after the words \u201cThe Office shall appoint the chairperson\u201d the words \u201cfrom among the Members\u201d; and (b) in paragraph (a), by deleting the words \u201ca Member or\u201d. Utility Regulation and Competition (Amendment) Bill, 2022 Clause 9 Introduced 9. Amendment of section 110 - indemnity 9. The principal Act is amended in section 110 by deleting the words \u201cnegligence or\u201d. Passed by the Parliament the      day of                           , 2022. 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The words \u201cchief officer\u201d are defined as the person appointed pursuant to the\nPublic Service Management Act (2018 Revision) as chief officer in the ministry with\nresponsibility for the Office.\nClause 3 amends section 14(2) of the principal Act to provide for the new structure and\nconstitution of the Board. The proposed subsection (2) provides that, subject to section\n14(3) and (4) of the principal Act, the Board shall consist of eleven individuals being \u2014\n(a) the Chair;\n(b) nine non-executive members; and\n(c) the Chief Executive Officer, as an ex officio executive member.\nClause 4 amends section 18(2) of the principal Act to replace the Cabinet Secretary as the\nchairperson of the Nominating Committee with the chief officer.\nClause 5 provides for consequential amendments to section 19 of the principal Act to\nremove references to the Cabinet Secretary and replace them with references to the chief\nofficer.\nThe amendment provides, among other things, that a non-executive member who is eligible\nfor reappointment shall indicate by instrument in writing addressed to the chief officer the\nmember\u2019s interest in being reappointed as a non-executive member not later than one\nhundred and twenty days prior to the expiration of the member\u2019s term.\nClause 6 provides for a consequential amendment to section 21 of the principal Act to\nremove references to the Cabinet Secretary and replace them with references to the chief\nofficer.\nThe amendment provides that a Member may resign office by instrument in writing\naddressed to the Cabinet, and the resignation shall take effect as from the date of the receipt\nof the instrument by the chief officer.\nClause 7 provides for a consequential amendment to section 23(5) of the principal Act to\nremove references to the Executive Directors and the Chief Fuels Inspector as clause 3 of\nthis Bill seeks to remove these officers from the Board.\n\nObjects and Reasons\nUtility Regulation and Competition (Amendment) Bill, 2022\n\nPage 4\n Introduced\nc\n\nClause 8 amends section 26 of the principal Act to provide that the chairperson of the Risk\nand Audit Subcommittee shall be appointed from among the Members.\nClause 9 amends section 110 of the principal Act to remove the words \u201cnegligence or\u201d,\nthereby providing that the only claims which will not be indemnified by the Government\nwill be claims caused by bad faith.\n\nUtility Regulation and Competition (Amendment) Bill, 2022\nArrangement of Clauses\n\nc\n Introduced\nPage 5\n\nCAYMAN ISLANDS\n\nUTILITY REGULATION AND COMPETITION\n(AMENDMENT) BILL, 2022\n\nArrangement of Clauses\nClause\nPage\n1.\nShort title ...................................................................................................................................7\n2.\nAmendment of section 2 of the Utility Regulation and Competition Act (2021 Revision) -\ninterpretation..............................................................................................................................7\n3.\nAmendment of section 14 - structure of Board ...........................................................................8\n4.\nAmendment of section 18 - appointment of non-executive members .........................................8\n5.\nAmendment of section 19 - reappointment of non-executive members ......................................8\n6.\nAmendment of section 21 - resignation ......................................................................................8\n7.\nAmendment of section 23 - procedure and meetings .................................................................8\n8.\nAmendment of section 26 - the Risk and Audit Subcommittee ...................................................8\n9.\nAmendment of section 110 - indemnity ......................................................................................9\n\nUtility Regulation and Competition (Amendment) Bill, 2022\nClause 1\n\nc\n Introduced\nPage 7\n\nCAYMAN ISLANDS\n\nUTILITY REGULATION AND COMPETITION\n(AMENDMENT) BILL, 2022\n\nA BILL FOR AN ACT TO AMEND THE UTILITY REGULATION AND COMPETITION ACT\n(2021 REVISION) TO CHANGE THE STRUCTURE AND CONSTITUTION OF THE\nBOARD IN ORDER TO IMPROVE THE GOVERNANCE OF THE OFFICE; TO AMEND\nTHE CONSTITUTION OF THE NOMINATING COMMITTEE; TO AMEND THE\nINDEMNIFICATION PROVISION TO PROVIDE THAT ONLY CLAIMS CAUSED BY BAD\nFAITH WILL NOT BE INDEMNIFIED BY THE GOVERNMENT; AND FOR INCIDENTAL\nAND CONNECTED PURPOSES\nENACTED by the Legislature of the Cayman Islands.\n1.\nShort title\n1.\nThis Act may be cited as the Utility Regulation and Competition (Amendment) Act,\n2022.\n2.\nAmendment of section 2 of the Utility Regulation and Competition Act (2021\nRevision) - interpretation\n2.\nThe Utility Regulation and Competition Act (2021 Revision), in this Act referred to\nas the \u201cprincipal Act\u201d, is amended in section 2(1) by inserting after the definition of\nthe words \u201cChief Fuels Inspector\u201d, the following definition \u2014\n\nClause 3\nUtility Regulation and Competition (Amendment) Bill, 2022\n\nPage 8\n Introduced\nc\n\n\u201c \u201cchief officer\u201d means the person appointed pursuant to the Public\nService Management Act (2018 Revision) as chief officer in the\nministry with responsibility for the Office\u201d;\u201d.\n3.\nAmendment of section 14 - structure of Board\n3.\nThe principal Act is amended in section 14 by repealing subsection (2) and\nsubstituting the following subsection \u2014\n\u201c(2) Subject to subsections (3) and (4), the Board shall consist of eleven\nindividuals being \u2014\n(a) the Chair;\n(b) nine non-executive members; and\n(c) the Chief Executive Officer, as an ex officio executive member.\u201d.\n4.\nAmendment of section 18 - appointment of non-executive members\n4.\nThe principal Act is amended in section 18(2)(a) by deleting the words \u201cCabinet\nSecretary\u201d and substituting the words \u201cchief officer, \u201d.\n5.\nAmendment of section 19 - reappointment of non-executive members\n5.\nThe principal Act is amended in section 19 by deleting the words \u201cCabinet Secretary\u201d,\nwherever they appear, and substituting the words \u201cchief officer\u201d.\n6.\nAmendment of section 21 - resignation\n6.\nThe principal Act is amended in section 21 by deleting the words \u201cCabinet Secretary\u201d\nand substituting the words \u201cchief officer\u201d.\n7.\nAmendment of section 23 - procedure and meetings\n7.\nThe principal Act is amended in section 23(5) by deleting the words \u201c, the Executive\nDirectors and Chief Fuels Inspector\u201d.\n8.\nAmendment of section 26 - the Risk and Audit Subcommittee\n8.\nThe principal Act is amended in section 26(2) as follows \u2014\n(a)\nby inserting after the words \u201cThe Office shall appoint the chairperson\u201d the\nwords \u201cfrom among the Members\u201d; and\n(b) in paragraph (a), by deleting the words \u201ca Member or\u201d.\n\nUtility Regulation and Competition (Amendment) Bill, 2022\nClause 9\n\nc\n Introduced\nPage 9\n\n9.\nAmendment of section 110 - indemnity\n9.\nThe principal Act is amended in section 110 by deleting the words \u201cnegligence or\u201d.\nPassed by the Parliament the      day of                           , 2022.\n\nSpeaker\n\nClerk of the Parliament","akn_extracted_at":"2026-06-22 15:41:46.379661+00","cms_id":"2022-0020","law_type":"bill","year":"2022","number":"20","title":"Limited Liability Companies (Amendment of section 80) Regulations, 2022 (SL 20 of 2022)","status":"bill"},"provenance":{"files":[{"file_id":"7092","expr_id":"2293","kind":"akn_xml","filename":"2022-0020.akn.xml","source_url":null,"storage_path":"\/Users\/q\/kyleg-data\/working\/BILLS\/2022\/2022-0020\/2022-0020.akn.xml","content_md5":"21d34c6843711b4b6211700d8937b9fc","byte_size":"10774","http_last_modified":null,"fetched_at":"2026-06-22 15:41:46.457455+00"},{"file_id":"4585","expr_id":"2293","kind":"pristine_pdf","filename":"2022-0020.pdf","source_url":"\/cms\/images\/LEGISLATION\/BILLS\/2022\/2022-0020\/2022-0020.pdf","storage_path":"\/Users\/q\/kyleg-data\/pristine\/BILLS\/2022\/2022-0020\/2022-0020.pdf","content_md5":"67ac0db3300427d2cbf2b13039899e8d","byte_size":"577580","http_last_modified":null,"fetched_at":"2026-06-16 04:01:11.345152+00"},{"file_id":"4586","expr_id":"2293","kind":"working_pdf","filename":"2022-0020.pdf","source_url":"\/cms\/images\/LEGISLATION\/BILLS\/2022\/2022-0020\/2022-0020.pdf","storage_path":"\/Users\/q\/kyleg-data\/working\/BILLS\/2022\/2022-0020\/2022-0020.pdf","content_md5":"67ac0db3300427d2cbf2b13039899e8d","byte_size":"577580","http_last_modified":null,"fetched_at":"2026-06-16 04:01:11.345152+00"}],"paragraph_count":16,"latest_history":null},"quality":{"expr_id":"2293","doc_id":"2293","quality_state":"known_issue","quality_score":"51","needs_human_review":"t","deterministic_categories":"{duplicate_text,page_header_footer_noise,title_mismatch}","llm_categories":"{}","repair_actions":"{collapse_duplicate_text,strip_page_furniture,verify_title_metadata}","finding_severity_counts":"{\"high\": 1, \"medium\": 2}","finding_summary":"stored title is not visible in the opening extracted text; 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