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"id": 1161673,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1161673/?format=api",
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"type": "speech",
"speaker_name": "Sen. Kinyua",
"speaker_title": "The Temporary Speaker",
"speaker": {
"id": 13202,
"legal_name": "John Kinyua Nderitu",
"slug": "john-kinyua-nderitu-2"
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"content": " Hon. Senators, we have Messages from the National Assembly. I will start with the passage of The SACCO Societies (Amendment) Bill (National Assembly Bill No. 55 of 2021). Hon. Senators, I wish to report to the Senate that, pursuant to Standing Order No. 41(3), I have received the following Message from the Speaker of the National Assembly regarding the passage by the National Assembly of the SACCO Societies (Amendment) Bill ((National Assembly Bill No. 55 of 2021). Pursuant to the said Standing Order, I now report the Message- Pursuant to the provisions of Standing Order Nos. 41(1) and 42 of the National Assembly Standing Orders, I hereby convey the following Message from the National Assembly – WHEREAS the SACCO Societies (Amendment) Bill (National Assembly Bill No. 55 of 2021) was published vide Kenya Gazette Supplement No. 218 of 26th November, 2021 as a Bill concerning county governments in terms of Article 110(4) of the Constitution seeking to amend the SACCO Societies Act No. 14of 2008 to, among other things, provide for the usage of Information Communication Technology (ICT) in collecting and receiving statutory reports with a view to reducing the regulatory reporting burden on SACCOs and ensuring a faster, efficient and accurate reporting, monitoring and analysis of SACCOs financial status at any time, being the cornerstone of Risk-Based Supervision (RBS); AND WHEREAS"
}