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{
"id": 1080332,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1080332/?format=api",
"text_counter": 481,
"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": "THAT, the Bill be amended by inserting the following new clause immediately after clause 11 – Amendment 11C. The First Schedule to the Income Tax Act is amended − of the First Schedule to (a) in paragraph 36 by inserting the following new paragraph immediately Cap.470. after paragraph (h)- (g) property, including investment shares, which is transferred or sold for the purpose of transferring the title or the proceeds into a registered family trust. (b) by inserting the following new paragraphs immediately after paragraph 56- 57. The income or principal sum of a registered family trust. 58. Any capital gains relating to the transfer of title of immovable property to a family trust."
}