šŸ“œ Consumer Protection and Guarantees Bill to be discussed in parliament

šŸ›ļø The long-awaited legislation aims to protect consumers from unfair practices and establish a redress system

šŸ“œ Consumer Protection and Guarantees Bill to be discussed in parliament

Speaker of the House Sir Alden McLaughlin has announced that the third meeting of the 2023-2024 parliamentary session will commence on Monday, 26 February. Among the various pieces of legislation to be discussed is the Consumer Protection and Guarantees Bill, 2023. This much-anticipated law seeks to provide consumers with a right of redress when they encounter issues with products or services. The legislation aims to promote the social and economic welfare of consumers by protecting them from fraudulent and unfair practices. It also establishes a Consumer Affairs Commission for the resolution of consumer complaints.šŸ›ļø

The proposed law applies to anyone engaged in trade or business, and its objective is to create a fair, efficient, and responsible consumer market. The legislation aims to promote fair business practices and protect consumers from deceptive conduct. It also seeks to improve consumer awareness and encourage responsible consumer behavior. Despite being published in October last year, the public can still lobby their MPs to support the legislation or suggest improvements. The government must gazette any new legislation it wishes to pass in the next parliamentary meeting by Friday.šŸ‘„

Two government motions have already been filed for the Business Committee's review, including a "Motion to Establish a Fuel Review Select Committee" filed by Planning Minister Jay Ebanks. The other motion, filed by Tourism Minister Kenneth Bryan, calls for the issuance of a deed of indemnity to the Cayman Airways Board of Directors. All documents related to the meeting will be available on the House of Parliament's website, and the proceedings can be viewed live by the public.šŸ“ŗ