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"id": 1260540,
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"type": "speech",
"speaker_name": "Molo, UDA",
"speaker_title": "Hon. Kimani Kuria",
"speaker": null,
"content": " I welcome the good remarks by my colleagues. I just want to inform this House that there are two fundamental changes that we made on this particular clause that are important. I realise that I did not mention them when I was moving the amendment. We agreed that re-introduction of exemption on taxable food supplies for the School Feeding Programme be moved to exempt supplies. Yesterday, we saw the Governor of Nairobi launching a very successful school feeding programme. We also have a school feeding programme being undertaken by Hon. K.J in Dagoretti South Constituency. We want to encourage any business in this country that can invest, through their corporate social responsibility, in the school feeding programme to do so. We have introduced a new clause that exempts such food supplies from taxation. Lastly, we found a very interesting clause that exempted transfer of businesses from VAT. The financial implication of this is that we were losing Ksh100 billion. By deleting Clause 7, thus making transfer of business as a going concern a vatable service, we will raise, through this particular amendment, Ksh100 billion. That is one of the greatest successes we can say we have had through public participation."
}