Samuda, Mair missing in action

Published: Sunday | December 8, 2013 Comments 0

Opposition duo miss all sittings of SIIPP joint select committee

OPPOSITION MEMBERS Karl Samuda and Gregory Mair had the worst attendance records at the joint select committee which considered and reported to the Parliament on the Security Interest In Personal Property (SIIPP) bill.

The committee, which had five sittings, saw Mair failing to show for a single meeting, apologising on only one occasion.

Samuda, the opposition spokesman on industry and investment, attended only one of the five meetings.

The SIIPP, which was passed in the House of Representatives with 84 amendments, aims to facilitate the creation of security interest in personal property to provide for a single registration process for the recognition of such interests, and to stipulate the rules which govern the way such interests are enforceable.

A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payments of debts.

It gives the beneficiary of the security certain preferential rights in the disposition of secured assets.

The persons with the best attendance records during the meetings of the committee were Industry Minister Anthony Hylton, government backbencher Mikael Phillips, and senators Sophia Frazer Binns, Imani Duncan-Price and Kavan Gayle, all of whom attended four of the five meetings held.

Government ministers Mark Golding, Horace Dalley and Peter Bunting attended two meetings each.

The other members of the committee were Andre Hylton (three meetings), Richard Parchment (two meetings), Delroy Chuck (three meetings), Norman Grant (three meetings), and Arthur Williams (three meetings).

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