Stakeholders in the business sector were yesterday sensitized on the draft moveable property bill during a workshop hosted by the Ministry of Business, at the Marriott Hotel.
According to the Department of Public Information (DPI), the Inter-American Development Bank (IDB)-funded project aims to allow the use of moveable property as collateral when seeking to access finance.
Minister of Business, Dominic Gaskin said “A consultant has been engaged to look at the legislation and he is presenting a draft today. Some stakeholders are present, many of whom are lawyers to actually look at the draft and make comments and recommendations on how to improve it; and how to make it more suitable and appropriate for our situation”, he said.