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{
    "id": 1128310,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1128310/?format=api",
    "text_counter": 577,
    "type": "speech",
    "speaker_name": "Kipipiri, JP",
    "speaker_title": "Hon. Amos Kimunya",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": "Hon. Temporary Deputy Speaker, by dint of Section 24(8) of the PFM Act, the CS National Treasury is empowered to wind up a Fund with the approval of the House, where it appears to him or the National Treasury, that the Fund is not serving its intended purposes or has become defunct or dormant. This is exactly the situation we have with this Fund, which was started and has been overtaken by events. It has just been sitting there, doing nothing and it is not being operationalised. Hence, we now need to close it off and move whatever balance there is to the Consolidated Fund, pay whatever is due to anyone, collect whatever is due to the Fund from anyone and clean up the books so that we move to the current pension schemes catering for people in the public service."
}