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{
    "id": 1256770,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1256770/?format=api",
    "text_counter": 1069,
    "type": "speech",
    "speaker_name": "Hon. Speaker",
    "speaker_title": "",
    "speaker": null,
    "content": "Hon. Members, as I had indicated, my attention was drawn to the existence of an apparent variance in the provisions of Section 39A and Section 40 of the Public Finance Management Act, 2012 with regard to the manner of introduction and consideration of a Finance Bill. Section 40 of the Act provides as followings: 1. Each financial year, with the approval of Cabinet, the Cabinet Secretary shall make a public pronouncement of budget policy highlights and revenue- raising measures for the national Government. 2. In making the pronouncement under Section 1, the Cabinet Secretary shall take into account any regional or international agreements that Kenya has ratified, including the East African Community Treaty and where such arrangements or agreements prescribe the date when the budget policy highlights and revenue-raising measures are to be pronounced, the Cabinet Secretary shall ensure that the measures are pronounced on the appointed date. 3. On the same date that the budget policy highlights and revenue-raising measures are pronounced, the Cabinet Secretary shall submit to Parliament a legislative proposal setting out the revenue raising measures for the national Government together with a policy statement expounding on those measures. 4. Following the submission of the legislative proposal of the Cabinet Secretary, the relevant Committee of the National Assembly shall introduce a Finance Bill in the National Assembly. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}