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ACSOG Want More Time, Chair Says Plenty Given

Adi Cakobau School Old Girls Inc. Limited has raised concerns over what it claims to be lack of time to make submissions on the proposed Companies Bill. These comments were
11 Apr 2015 08:33
ACSOG Want More Time, Chair Says Plenty Given
The President of the ACS Old Girls Inc., Adi Litia Qionibaravi during her submission to the Standing Committee

Adi Cakobau School Old Girls Inc. Limited has raised concerns over what it claims to be lack of time to make submissions on the proposed Companies Bill.

These comments were made before the Parliamentary Standing Committee on Justice, Law and Human Rights this week.

The President of the ACS Old Girls Inc., Adi Litia Qionibaravi, said at least another six months should be given for submissions.

“The committee has been given just a little more than three weeks to receive submissions on the Companies Bill,” she said.

“The people of this country needs more time to consider the bill and make considered views on it.”

But Chair of the committee, Ashneel Sudhkar, in response, told the Fiji Sun, the Bill was first formulated around 2011-2012.

“Thereafter the drafters held various public consultations and received submissions,” he said.

“The Bill before the committee is the product of many months of consultations and public submissions.

“The Bill was referred to the Committee in the last sitting of the parliament in February. Immediately thereafter the advertisements went in the papers and other media calling for submissions.

“In this time, we received many written and oral submissions from groups and individuals who were proactive.

“People had around two months to make their submissions. The submissions process cannot go on forever and we have to reach some finality.”

But, he said they will discuss the issue during committee discussions.

Additional staff

Adi Litia also highlighted the need for additional staff to be recruited for the company’s office and the need to prepare the Companies Office staff members.

“Those who will be administering the Company Law Act also need to fully understand the reformed Company Law Act,” she said.

“They should be able to properly carry out their role in ensuring that the intended objectives of the reformed Company Law are.”

Women Directors

Adi Litia further said there is a need to increase the number of women serving as directors in both private and public companies.

“The women of Fiji have made remarkable progress and contributed to nation building in this country,” she said.

“Women have become CEOs, doctors and lawyers as well as accountants and teachers.”

The Submissions for Companies Bill closed yesterday and the Legislative Scrutiny committee will down under take the necessary changes to the Bill and present it to the Parliament on May 11.

Feedback:  rachael.nath@fijisun.com.fj

 




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