Estonia: Bill on Amendments to the Bank of Estonia (Eesti Pank) Act passed the first reading in the Riigikogu

NordenBladet — The Bill will specify the formation of the membership of the Supervisory Board of the Bank of Estonia, and the requirements for members of the supervisory board, and the term of their mandate.

The Bill on Amendments to the Bank of Estonia (Eesti Pank) Act (97 SE), initiated by the Finance Committee, will introduce the requirement according to which the membership of the supervisory board will have to include representatives of all political parties in the Riigikogu, in addition to experts in the field. The amendments specify that the factions of the Riigikogu will appoint their representatives, and the Chairman of the Supervisory Board of the Bank of Estonia will appoint the experts in the field. The Bill will specify that the members of the supervisory board will have to have sufficient knowledge and experience to participate in the work of the board, and no member of the Supervisory Board of the Bank of Estonia may be appointed for more than two consecutive terms. The Bill requires a majority vote in the Riigikogu to be passed.

In the debate, Jürgen Ligi, took the floor on behalf of the Reform Party Faction and noted that the amendment of the Act was motivated by the behaviour of the current Chairman of the Supervisory Board of the Bank of Estonia.

Aivar Kokk took the floor on behalf of the Faction Isamaa. He stressed that every member of the Riigikogu had the right to submit motions to amend a draft Resolution on the appointment of members of the Supervisory Board of the Bank of Estonia before the second reading.

Henn Põlluaas took the floor on behalf of the Estonian Conservative People’s Party Faction and expressed his delight that all factions of the Riigikogu supported the Bill.

Another Bill passed the first reading

The Bill on Amendments to the State Fees Act, the Identity Documents Act and the Consular Act (78 SE), initiated by the Government, will amend the rates of the state fees for acts performed in foreign missions, and will establish new state fees for acts which as yet are not subject to a fee. With the amendments, the planned state fees for acts performed in foreign missions are intended to be brought in line with actual costs. The state fee charged for acts performed under Acts in foreign missions will be raised so that it will be higher by 30 euro than the state fee charged for the performance of the same acts in Estonia. The Bill has been drafted in particular to cover the costs related to accepting applications, issuing documents and using the postal service. A state fee for issuing documents in Estonian foreign missions and through honorary consuls will also be established. This service has so far been free of charge.

The Riigikogu passed two Resolutions

The Resolution of the Riigikogu “Amendment of the Resolution of the Riigikogu “Formation of the Estonian Delegation to the Parliamentary Assembly of the Organization for Security and Co-operation in Europeˮ” (86 OE), initiated by the Foreign Affairs Committee. Head of the delegation Mart Nutt is excluded from the membership of the delegation, and Sven Sester is appointed head of the delegation. In addition, with the Resolution, member of the delegation Kerstin-Oudekki Loone is excluded from the membership of the delegation, and Marko Šorin is appointed member of the delegation to replace her.

76 members of the Riigikogu voted in favour of the passage of the Resolution.

With the Resolution of the Riigikogu “Appointment of an Auditor to Audit the Activities of the National Audit Office in 2019-2021” (92 OE), initiated by the Finance Committee, the Finance Committee proposes to appoint AS Deloitte Audit Eesti to audit the activities of the National Audit Office in 2019–2021. Under the Riigikogu Rules of Procedure and Internal Rules Act, such a draft Resolution is deliberated in a single reading and a majority vote of the Riigikogu is required to pass it.

74 members of the Riigikogu voted in favour of the passage of the Resolution.

 

Source: Parliament of Estonia

 


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