Financial Deregulation And Land Ownership Act of 2022
Passing
in the National Assembly
Opened
16 Jan 2022
Voting closes
17 Mar 2022
Chambers
1 legislature
Articles
2 changes
Rationale
These reforms modernise regulation to attract investment, boost economic growth, and ensure housing remains affordable for citizens while maintaining public oversight.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Light-touch regulation
|
Deregulated financial centre
|
|
| 2 | Foreign Land Ownership |
Ban all foreign ownership of land and property
|
Foreign ownership limited to commercial property only; residential banned
|
1
Banking & Financial RegulationPrevious law
Light-touch regulation
Deregulated financial centre
2
Foreign Land OwnershipPrevious law
Ban all foreign ownership of land and property
Foreign ownership limited to commercial property only; residential banned
Proposer
Party
Freedom & Liberty
A party of open skies and open hearts where freedom flows like the wind and no dream is ever caged
Core pillars
👮♂️
💰
🗽
📈
CB
Charles Baker
Activist · Age 43
25,486 social followers
A self-made industrialist turned activist, Charles Baker leverages his inherited fortune and sharp political instincts to strategically advance his party's agenda from the inside.
🚀 Ambitious
⚖️ Pragmatist
💰 Wealthy
Timeline
-
Draft11 November 2021
-
Vote Open16 January 2022
-
Vote Closed17 March 2022
-
Became Law17 March 2022
Vote tally
Live tally across each chamber. Weighted by seats held.
National Assembly
Passed
63Yes
0No
137Not voted
200 seats
For: 63 / 200 seats (31.5%)
Against: 0 · Abstained: 0 · Not voted: 137
50.1% of those voting must vote in favour (actual = 100.0%)
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Freedom & Liberty Proposer | 63 | Yes | No reason given |
| Empty seats | 51 | Not voted |