Regulatory Alerts2018-01-01
Finance Act 2018
The Parliament of Trinidad and Tobago enacted the Finance Act 2018 to amend various statutes regarding interim pensions, state liability, and municipal regulations. The legislation mandates a TTD 3,500 monthly interim pension for compulsorily retired persons across multiple service acts while increasing fines under the Litter Act and Children Act. Additionally, the Act updates definitions in the Interpretation Act, modifies the State Liability and Proceedings Act, and adjusts public assistance guidelines.
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