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Lower House passes cap on RRC waivers amidst Opposition’s disapproval By Kadeem Joseph The ruling administration is continuing its push to improve revenue collection with the passage of a Bill to limit waivers of the revenue recovery charge (RRC). The Revenue Recovery Charge Amendment Bill 2021, which was presented in the Lower House of Parliament on Thursday by Prime Minister Gaston Browne, is expected to cap any exemption to the RRC at 50 percent. The measure was announced in the Budget presentation earlier this year, however, Browne said the law will not affect pre-existing agreements. “There are certain agreements including PLH [Peace, Love and Happiness project] and various projects even at the Mill Reef Club, for example, in which we would have agreed to waive the full amount of the revenue recovery charge for specific investments, and they have argued that they have already done their costings, they would have done fixed price contracts and if now they have to pay an

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