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{
    "id": 1143452,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1143452/?format=api",
    "text_counter": 286,
    "type": "speech",
    "speaker_name": "Kipipiri, JP",
    "speaker_title": "Hon. Amos Kimunya",
    "speaker": {
        "id": 174,
        "legal_name": "Amos Muhinga Kimunya",
        "slug": "amos-kimunya"
    },
    "content": "As the Court of Appeal reversed the High Courts’ decision regarding the nullification of 20 Acts, three of those Acts including this one were upheld. The decision to nullify this particular one was upheld on the understanding that it had not gone to the Senate. So, the decision that we then took from House Business Committee (HBC) and following guidance from the Chair was that we republish this Bill. It had already gone through public participation and it has been completed in this House for purposes of then forwarding it to the Senate. The bits that the courts were uncomfortable with, that it had not gone to the Senate, will now be completed. If we concur with everything, we can then have it reassented to, so that it can become law. It is so clear to everyone what the content of this Bill was. It was thoroughly debated in this House. Public Participation was done and the Members unanimously agreed to it. Therefore, apart from just highlighting what this Bill intends to do, this is something to just refresh our minds. This Bill is providing for establishment and operationalisation of an electronic filing system for all the statutory terms and documents by the SACCO Societies. It also makes provision for the issuance and publication of specific guidelines and directions on how the electronic processes are supposed to be realised. Generally, looking at the issues more specifically, the Bill seeks to modernize the operations of SACCOs in Kenya. Some of the processes that it is talking to is the registration of the SACCOs through introduction of an electronic filing system, issuance and cancellation of authentication codes to the registered users, the process of transmission of documents and other relevant information, correction of errors if any, amendments to statutory terms, documents and other information and remedy procedures in case of breakdown of the electronic system amongst other things. This Bill also proposes to alter the SACCO Societies Act No. 14 of 2008 by amending Section 53 which allows the use of Information Communication Technology in collection and receipt of statutory instruments. Clause 9 further states that an authority be established and administer electronic filing system to electronically submit statutory terms and documents. These were the amendments that were being proposed. The provisions of this Bill will reduce the regulatory reporting burden on SACCOs. They will ensure faster and more efficient accurate reporting; monitoring and analysis of the financial conditions of the SACCOs as well as introducing the risk-based supervision on the SACCO societies."
}