Bermuda National Trust changes backed by Senate

Bermuda National Trust changes backed by Senate

An organisational revamp of the Bermuda National Trust was backed by the Senate.

The legislation, which increased the number of people to be elected to the trust’s council to 13 and ended appointment to the council by entitlement, was passed unopposed by the Upper House.

The council can now run its affairs through the passing of by-laws and has been given the power to appoint its own auditor each year to review accounts.

Owen Darrell, the junior education minister, said: “The trust is an organisation that is critical to Bermuda’s sustainability and the preservation and the remembrance of our natural, built and cultural heritage.

“These changes would enable better governance and efficient administration for the trust.

“It would also provide the trust with more power and flexibility to run its own affairs.”

The opposition said it had no objections to the Bermuda National Trust Amendment Act 2021.

The BNT was founded in 1969 and looks after 277 acres of land and 82 properties.

Its portfolio includes historic houses, three museums, nature reserves, farmland and cemeteries.

The Senate also approved a fee rate for permission to live in Bermuda under an economic investment certificate.

A fee of $2,625 for the granting of ministerial permission to live on the island was set – the same price as a residential certificate under 1956 legislation.

The Government Fees Amendment and Validation Act 2021 was also supported by the Opposition.

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December 9, 2021 News