The House of Assembly heard a slew of financial bills to be amended, passing one and approving the draft regulations of three.

The Insurance Amendment Act was passed which will mean insurance accounts regulations can be obtained retroactively.

And the related Insurance Accounts Amendment Regulations had its regulations approved and a message was sent to the Governor for approval.

The other pieces of legislation included the Government Fees Amendment Regulations and the Government Fees (Trade Marks and Service Marks) Amendment Regulations. These set out the costs of permits and licenses.

Finance Minister Paula Cox explained the amendments in the House of Friday night.

"The Government Fees Amendment Regulations represents the conclusion of the biennial review of Government fees. By way of standing policy, Government reviews the fees on a regular basis to ensure that there is reasonable cost recovery for the provision of the various services offered by a range of Government departments."

Shadow Finance Minister Bob Richards said: "The Honourable Minister has said that there's a three percent general increase that allows for inflation and that sounds about right and then there are some other ones that have been increased because of costs."

For the Government Fees (Trade Marks and Service Marks) Amendment Regulations, Ms Cox said the regulations deal with the application of license fees associated with intellectual property law.

"Intellectual property is the term used to describe a class of property rights that emanate from creations and expression of one's mind or intellect.

"In general terms, intellectual property rights are the products of thought, creativity and intellectual effort, examples of which include copyrights, patents, designs, registered and unregistered trade makers and service marks, confidential information and other matter such as semiconductor chip designs."

Ms Cox said an example would be the well-known recipe of Coca Cola and the law of trade marks and service marks protects names and logos which are used to identify businesses, products and services.

Those two bills had had the regulations approved and a message was sent to the Governor for approval.