– Anil Nandlall
By Kiana Wilburg
The Deeds Registry which is responsible for maintaining public records and documents pertaining to real estate deeds, including Transports and Powers of Attorney etc, is currently undergoing extreme transformations.
This is according to Attorney General, Anil Nandlall, who also holds Ministerial portfolio over the Registry.
At the recent launching of Guyana’s first credit bureau, “CreditInfo (Guyana) Inc.” the Minister told the audience that all transactions done at the Deeds Registry will be digitized in an effort to enhance accessibility to the information.
“We are starting with it in phases and the first phase will capture documents and transactions between 2004 to 2013. Of course this will be an ongoing exercise as we have nearly 100 years of documents and transactions to digitize, so this will be a process that will take time. However, the Registry stands committed towards working with the Bureau to ensure that it delivers and satisfies its mandate.”
This change, he said, is just one of the many that will be taking place at the Registry.
Nandlall said that while the credit bureau will be an engine that will propel the economic growth of the country, the government will also be committed towards creating the environment that will be conducive towards that kind of development.
The Minister explained that the Deeds Registry is an important institution that the bureau will depend upon to carry out its daily functions.
“The registry is moving from the status of being a department of government to being a semi autonomous agent with functional and financial autonomy and being independent in its operations.”
“We have also passed a law in this regard, which is the Deeds and Commercial Registry Authority Act and the functions now that are to be discharged by the Registry are enumerated. A Board will also be established, which will manage the affairs of the Registry, which will ultimately remove it from being under the control of Central Government.”
He disclosed that the Board will comprise members of the Private Sector, agents from the government and members of the legal profession.
The Attorney General said that the functions of the Registry itself are going to be separated both physically and in its written responsibility.
“Today those functions are performed largely by a single unit comprising common staff and there is going to be a physical separation from the staff, and matters that are core deeds matters; for example the conveyance, Powers of Attorney, registration and transaction, are matters that are going to be handled separately whilst matters of a commercial matter are going to be handled by a separate grouping of staff. In fact, the name of the new entity is called the Deeds and Commercial Registry Authority.”
“There will also be another division that will deal specifically with commercial oriented transactions. The whole purpose of these modifications is to ensure that there is greater efficiency in the delivery of services and more significantly and more relevant to the credit bureau, is having the adequate capacity, mechanism and apparatus to ensure that the documents, records, and transactions done at the Registry are stored properly and are retrievable in an efficient and expedient manner and this is important to the interdependence role that the Credit Company will have with the Registry.”
At the government level, Nandlall mentioned that they are also working on a Deeds Transaction Bill, which will also impact positively on the operations of the credit agency.
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