Wednesday, April 24, 2024

Bill to address theft of metals

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Government’s efforts to arrest the rising incidence of copper wire theft and illegal cash-for-gold operations will take another step towards fruition when the Senate meets today at 11 a.m.
Leader of Public Business Senator Maxine McClean is scheduled to introduce the Precious Metals And Second-Hand Metals Bill 2013 – approved Tuesday by the House of Assembly and repealing the old Metal Dealers Act enacted in?May 1919, and the 1848 Sale Of Old Metals Act.
The new measure contains provisions to control the sale of precious metals and second-hand metals, essentially through licensing, with a maximum penalty of $50 000 or ten years’ imprisonment or both – up from the previous $48.
Another bill would repeal the Social?Investment Fund Act passed in 1998 to support projects and programmes designed to eradicate poverty by the creation of enterprises. (AB)

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