Bill No. 161
Family Business Bill
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Twelfth Legislature (2013 - 2017)
| Debated in | 1st Reading | 2nd Reading | Committee | Recommittal | 3rd Reading |
|---|---|---|---|---|---|
|
Sitting No. 397
-
01 Jun 2016
Plenary Session |
⦿ | ||||
|
Sitting No. 404
-
20 Jun 2016
Plenary Session |
⦿ | ||||
|
Sitting No. 410
-
27 Jun 2016
Plenary Session |
⦿ | ||||
|
Sitting No. 107
-
06 Jul 2016
Consideration of Bills Committee |
⦿ | ||||
|
Sitting No. 420
-
19 Jul 2016
Plenary Session |
⦿ |
Objects and Reasons
The objects and reasons of this Bill are to provide a legal framework to assist and facilitate family businesses to prepare themselves for transferring the business from one generation to the next by providing benefits including governance and incentives for the better management and organisation within the family and the business.
Motion No. 350 - Family Business Bill
Act No. XLVIII of 2016 - Family Business Act
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