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"id": 1348093,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1348093/?format=api",
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"type": "speech",
"speaker_name": "Marakwet West, Independent",
"speaker_title": "Hon. Timothy Kipchumba",
"speaker": null,
"content": "Hon. Temporary Speaker, some issues are of fundamental importance in the Bill. First, in terms of licensing, a corporate entity shall be given the licence to run this gambling facility. That means that the corporate entity shall be responsible for all. A corporate entity has certain provisions in terms of perpetual succession in terms of suing and being sued, so that it is not left to individuals. If it is a corporate entity, then it shall bear certain legal consequences. It provides that the entity must have a minimum of 30 per cent shareholding by Kenyans. We have had issues where we have had gambling companies from outside who have no interest in Kenya, and therefore, it is very clear now under this Bill that 30 per cent of the shareholders must be Kenyans."
}