Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC, at the Second Reading of the Preservation of Monuments (Amendment) Bill (Bill No. 33/2021) Introduction Mdm, it is important to safeguard our heritage for the benefit of future generations of Singaporeans. This Bill sends a clear signal on the importance of our heritage sites and gives the authorities the tools they need to protect these sites. I have three points of clarification to make. New defence under section 15 My first point is about the punishment for those who damage our monuments.....
Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC, at the Second Reading of the Government Borrowing (Miscellaneous Amendments) Bill (Bill No. 32/2021) Introduction Sir, I support this Bill, which will bring about greater clarity by consolidating and harmonising the government’s borrowing powers. I have three points of clarification to make. Merging of borrowing limits My first point is on the merging of limits under the Government Securities Act and the Local Treasury Bills Act The new section 11 of the Act will replace the separate borrowing limits for government securities and treasury bills with a single borrowing limit.....
Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC, at the Second Reading of the Constitution of the Republic of Singapore (Amendment) Bill (Bill No. 29/2021) and the Judicial Service (Miscellaneous Amendments) Bill (Bill No. 30/2021) Introduction Sir, the Bills propose to establish a Judicial Service Commission (JSC), separate from the Legal Service Commission (LSC). The restructuring will allow both the LSC and JSC to benefit from greater specialisation and flexibility. This is needed to tackle the increasing complexity of the legal landscape. ....
Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC, at the Second Reading of the Goods and Services Tax (Amendment) Bill (Bill No. 31/2021) Introduction Mdm, this Bill will update our GST regime. Significantly, this Bill will extend GST to imported low-value goods. This ensures a level playing field for local suppliers and overseas suppliers. Additionally, the Bill will also update the GST treatment for media sales to more closely reflect the reality of how services are advertised and consumed. ....