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{
    "id": 1126123,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1126123/?format=api",
    "text_counter": 342,
    "type": "speech",
    "speaker_name": "Nominated, ANC",
    "speaker_title": "Hon. Godfrey Osotsi",
    "speaker": {
        "id": 13172,
        "legal_name": "Godfrey Osotsi",
        "slug": "godfrey-osotsi"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker. I have listened to the Leader of the Majority Party and I have also read the Bill. I concur that there is justification for repealing the Asian Widows and Orphans Pension Act which is one of the very old pieces of legislation, as has been pointed out by the Leader of the Majority Party. The main reason for this is because in that piece of legislation there is the fund called the Asian Widows and Orphans Pension Fund which is being aligned to the Public Finance Management Act, 2012. As we are aware, there is a policy to try and rationalise and centralise the management of various funds under the National Treasury. This is what is happening so that all the funds comply to the requirements of the Public Finance Management Act, 2012 for better management so that the beneficiaries benefit and the Government is able to manage the funds better. There is justification why we need these amendments. As it has been pointed out by the Leader of the Majority Party, there are some aspects of this Bill which are quite old and maybe in the Committee of the whole House we may need to propose amendments so that they are aligned to the current realities. But majorly, the amendment is trying to align the fund to the Public Finance Management Act."
}