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    "id": 1144233,
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    "content": "The annexed memorandum to the Regulations which was given to us indicates that several stakeholders were consulted, including the Committee on Delegated Legislation. However, on further scrutiny, the Committee noted that the sections as stated above were not adhered to by the regulatory-making body. The Biashara Kenya Fund Regulations, 2021, created an offence without attendant penalties and references to any provisions of the Act, making it un-implementable. Hon. Speaker, in conclusion, pursuant to Standing Order No.210(4) and having examined the Public Finance Management (Biashara Kenya Fund) Regulations, in accordance with the Constitution of Kenya, the Interpretations and General Provisions Act (Cap. 2), the Public Finance Act (No.18 of 2012) pursuant to which they were made and the Statutory Instruments Act, the Committee recommends that the House annuls the said statutory instruments in accordance with Section 24(2A) of the Public Finance Management Act (No.18 of 2012). Hon. Speaker, I beg to move and ask my Vice Chairman, Hon Njagagua, to second."
}