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Lennox Paton | Bahamas | 30 Sep 2021

Generational property in The Bahamas: how to acquire documentary title

The common problems that arise in relation to generational land in The Bahamas are that there is no documentary title holder, the land often cannot be sold, there is often no certainty of ownership of a particular plot of land and legal title to the land cannot be passed from one person to another. With these issues in mind, how can documentary title to generational land be acquired? In......
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Lennox Paton | Bahamas | 28 Jul 2021

The Bahamas' ship registry and covid-19

As the world transitions into a post-pandemic phase, the Bahamian shipping industry and the Bahamas Maritime Authority are resilient, optimistic and committed to a positive future for The Bahamas' ship registry. The new Bahamas Merchant Shipping Act is also expected to introduce a more updated and comprehensive scheme for the registration and regulation of Bahamian registered vessels.
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Lennox Paton | Bahamas | 22 Jul 2021

The Bahamas' ship registry and covid-19

As the world transitions into a post-pandemic phase, the Bahamian shipping industry and the Bahamas Maritime Authority are resilient, optimistic and committed to a positive future for The Bahamas' ship registry. The new Bahamas Merchant Shipping Act is also expected to introduce a more updated and comprehensive scheme for the registration and regulation of Bahamian registered vessels.
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Lennox Paton | 14 Jun 2021

Public Procurement Act 2021: obtaining government contracts

The government has been criticised both locally and internationally in relation to the transparency and procedure surrounding the procurement of government contracts. Partly as a result of this criticism, the government has enacted the Public Procurement Act 2021, which seeks to modernise the government's use of public funds in its procurement process and add a heightened level of transparency.
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Lennox Paton | Bahamas | 10 Jun 2021

Public Procurement Act 2021: obtaining government contracts

The government has been criticised both locally and internationally in relation to the transparency and procedure surrounding the procurement of government contracts. Partly as a result of this criticism, the government has enacted the Public Procurement Act 2021, which seeks to modernise the government's use of public funds in its procurement process and add a heightened level of transparency.
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Lennox Paton | 2 Apr 2021

Homeowners Protection Act – time to revisit

The Homeowners Protection Act was designed to provide meaningful protection to homeowners by ensuring a true and proper discourse between borrowers and financial institutions and will likely become the epicentre of the mortgage market. However, the act has failed to achieve the balance that it sought to accomplish and is in dire need of reform.
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Lennox Paton | Bahamas | 1 Apr 2021

Homeowners Protection Act – time to revisit

The Homeowners Protection Act was designed to provide meaningful protection to homeowners by ensuring a true and proper discourse between borrowers and financial institutions and will likely become the epicentre of the mortgage market. However, the act has failed to achieve the balance that it sought to accomplish and is in dire need of reform.
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Lennox Paton | 25 Mar 2021

Real Property Tax Forgiveness Programme 2021: overview

The prime minister recently announced a Real Property Tax Forgiveness Programme which will provide waivers to Bahamian and non-Bahamian property owners in The Bahamas who are in arrears. The programme is aimed at collecting outstanding property taxes in order to bring persons into compliance and increase government revenue. It will also assist in easing the financial burden on property owners......
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Lennox Paton | Bahamas | 19 Mar 2021

Real Property Tax Forgiveness Programme 2021: overview

The prime minister recently announced a Real Property Tax Forgiveness Programme which will provide waivers to Bahamian and non-Bahamian property owners in The Bahamas who are in arrears. The programme is aimed at collecting outstanding property taxes in order to bring persons into compliance and increase government revenue. It will also assist in easing the financial burden on property owners......
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Lennox Paton | 22 Jan 2021

CESRA: economic substance reporting deadline extension

The Commercial Entities Substance Requirements Act (CESRA) 2018 requires all legal entities registered in The Bahamas to comply with economic substance reporting by submitting an annual filing to the minister of finance. Economic substance reporting under CESRA must be completed within nine months of the entity's fiscal year end; however, due to the COVID-19 pandemic, the deadline in respect......
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