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{
    "id": 1369749,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1369749/?format=api",
    "text_counter": 218,
    "type": "speech",
    "speaker_name": "Ainabkoi, UDA",
    "speaker_title": "Hon. Samwel Chepkonga",
    "speaker": null,
    "content": " Hon. Temporary Speaker, I beg to move the following Motion: THAT, this House adopts the Report of the Committee on Delegated Legislation on its consideration of the Proceeds of Crime and Anti-Money Laundering (Criminal Assets Recovery Fund) Regulations, 2023, laid on the Table of the House on Tuesday, 5th December 2023 and pursuant to the provisions of Section 113(2) of the Proceeds of Crime and Anti-Money Laundering Act, 2009, approves the Proceeds of Crime and Anti-Money Laundering (Criminal Assets Recovery Fund) Regulations, 2023 published as Legal Notice No.151 of 2023. These Regulations have been made pursuant to the Proceeds of Crime and Anti-Money Laundering Act and the Criminal Assets Recovery Fund Act that were passed by this House. The crux of the Regulations is to provide a framework for the administrative operations of the Fund and utilisation of properties and monies standing to the credit of the Fund, as required under Section 113(1) of the Proceeds of Crime and Anti-Money Laundering Act. The Assets Recovery Agency tasked with the responsibility of recovering assets that are suspected to have been laundered receives money and assets, including houses and vehicles, which it takes into its custody. You may have recently seen the Assets Recovery Agency 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"
}