{"id":1080218,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/1080218/?format=json","text_counter":367,"type":"speech","speaker_name":"Homa Bay CWR, ODM","speaker_title":"Hon. (Ms.) Gladys Wanga","speaker":{"id":590,"legal_name":"Gladys Atieno Nyasuna","slug":"gladys-atieno-nyasuna"},"content":"Amendment of 4A. The Income Tax Act is amended in section 11 by inserting the following section 11 of Cap. new subsection immediately after subsection (3)- 470 (3A) In the case of a registered trust, sub-section (3) shall only apply to- (a) any amount that is paid out of the trust income on behalf of any beneficiary and is used exclusively for the purpose of education, medical treatment or early adulthood housing; (b) income paid to any beneficiary which is collectively below ten million shillings in the year of income; (c) such other amount as the Commissioner may prescribe from time to time and at such rate as prescribed in paragraph 5 of the Third Schedule."}