Subject: Polity
The veto power serves as an important check on the legislative process. When a bill is presented to the President, he has the authority to either give his assent, withhold his assent, or return the bill to Parliament for reconsideration (a suspensive veto) if it is not a money bill.
This power can be exercised in three forms: an absolute veto, where the bill is entirely rejected; a suspensive veto, where the bill is returned for reconsideration; and a pocket veto, where the President neither approves nor rejects the bill, effectively stalling the process. Should Parliament pass the returned bill again, the President is then obliged to grant assent.
By using these veto mechanisms, the President ensures that legislation is thoroughly vetted and that potentially hasty or unconstitutional laws are re-examined before becoming binding.