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"content": "Senate amendment to clause 42"
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"content": "THAT clause 42 of the Bill be amended by deleting sub-clause (4) and substituting therefor the following new sub-clauses— (4) A person who has made a voluntary saving and has not been allocated an affordable housing unit— (a) may withdraw their savings by issuing ninety days’ written notice to the agency for refund with any accrued interest; or (b) may apply to the Board for approval of issuance of an affordable mortgage to develop a rural affordable housing unit; (5) An application in sub-section (4) (b) will be accompanied by an agreement that the applicant agrees to have their saved deposits and the land upon which the unit is to be built to be used as collateral. (6) Upon approval by the Board, the applicant shall cause a charge on the title in subsection (5) to be executed in favour of the Board."
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"content": "Senate amendment to clause 44"
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"content": "THAT clause 44 (2) of the Bill be amended by deleting paragraph (a) and substituting therefor the following new paragraph– (a) to a fine not exceeding twenty million shillings or imprisonment of a term not exceeding ten years, or both; and."
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"content": "Senate amendment to clause 45"
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"content": "THAT clause 45 of the Bill be amended in sub-clause (1) by deleting the words “he is” appearing in paragraph(b)(i) and substituting therefor the word “they are”."
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"id": 1392317,
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"content": "Senate amendment to clause 47"
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"id": 1392318,
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"content": "THAT clause 47 of the Bill be amended— (a) in sub-clause (2) by inserting the following new paragraphs— (i) immediately after paragraph (a)— (ab) criteria for eligibility of allocation of an affordable housing unit under section 38 after paragraph (a); (ii) immediately after paragraph (i); (j) the typology and dimensions for affordable housing units relative to the incomes of the individual applicants; (k) the procedural guidelines for the Board to off-take affordable housing units under an affordable housing scheme; (l) the interest rate or administration fee for a loan issued under section 41; and (m) criteria for eligibility of allocation of a low interest mortgage under section 42. (b) by inserting the following new sub-clauses— (3) The Cabinet Secretary shall table before Parliament, the regulations made under this section within thirty days of commencement of this Act. (4) Regulations made under this section shall not take effect unless approved by a resolution passed by Parliament. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor"
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"content": "(5) If a House of Parliament does not make a resolution either approving or rejecting any regulations within fifteen sitting days after submission to it for approval, the House shall be deemed to have approved those regulations."
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"content": "Senate amendment to clause 48"
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