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"content": "— 48."
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"content": "(1) The Capital Markets Authority shall licence an exchange Licencing and for the purposes of trading coffee. functions of an (2) An exchange shall"
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"id": 1395754,
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"content": "exchange. (a) manage its auction floor, the central sample room, the information registry and the direct settlement system; (b) maintain records relating to coffee sales, coffee samples and sweepings; (c) avail sales catalogues to interested parties in accordance with the Capital Markets Act; (d) disseminate market information for every auction and an analysis of performance on, weekly and monthly basis; and (e) carry out such other function as the Cabinet Secretary for trade may prescribed (3) The proceeds of the sale of coffee at an Exchange shall be deposited in a direct settlement system established in accordance with the Capital Markets Act. The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate."
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"content": "(Question of the amendment proposed)"
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"speaker_name": "Sen. Wakili Sigei",
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"content": " Division will be at the end."
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"content": "Clause 49"
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"speaker_name": "Sen. Methu",
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"content": "Mr. Temporary Chairman, Sir, I beg to move: THAT, Clause 49 of the Bill be amended in"
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"content": "(a) subclause (2) by deleting the word “the” appearing immediately after the words “receipt endorsed by” and substituting therefor the word “an”; (b) by deleting subclause (3); (c) subclause (4) by inserting the words “and is liable, on conviction, to a fine not exceeding five hundred thousand shillings, or to imprisonment for a term not exceeding six months, or to both” immediately after the words “commits an offence”; (d) the marginal note by deleting the word “the” appearing immediately after the words “Management of” and substituting therefor the word “an”."
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