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{
    "id": 1476860,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1476860/?format=api",
    "text_counter": 182,
    "type": "speech",
    "speaker_name": "Sen. Mariam Omar",
    "speaker_title": "",
    "speaker": null,
    "content": "Madam Temporary Speaker, Clause 34 reformulates the condition for dissolving a cooperative society, while Clause 35 and 36 repeals the outdated section of the principal Act. Clause 37 amends the principal Act by replacing Section 64 with a new provision that applies a specific section of the Insolvency Act as modified by the schedule in the Act, to the liquidation of a society in the same way it applies to registered companies. The Cabinet Secretary is given authority to amend the schedule by order at Clause 38 and Clause 39 gives a commissioner or a director the authority to appoint liquidator. Clauses 40 to 43 address the liquidation process and the authority vested in the commissioner and the director over this procedure, emphasizing their regulatory roles. Clauses 44 to 47 introduce penalties for malpractices and outlines the accountability measures for individuals managing a cooperative society. While Clauses 48 to 53 discuss the establishment, functions and the flexibility of the cooperative tribunal enhancing its capacity to handle disputes and appeal effectively. Madam Temporary Speaker, Clauses 54 and 55 detail the remuneration of the tribunal members and the appointment of a secretary to ensure the body's effective operations. Clauses 54 and 57 empower the Judicial Service Commission to establish tribunal branches in the counties, while Clauses 58 through 63 update terminologies throughout the Act. These amendments reflect the shift toward gender neutral language on the title. It also replaces the word minister with cabinet secretary and the word chairman with chairperson. Clauses 64 to 66 clarifies the role of the director and the transition to power to the Director of Public Prosecution. As you noted from the remarks on the Bill, the proposed amendment to the Cooperative Society Act No.12 of 1997 is vital to align with the statutory framework with the Constitution of Kenya 2010 and enhance the governance of the cooperative societies. This change clarifies the concurrent roles of the national and the county Government, streamlines the registration and regulation process, and promotes standardised tribunal procedures with this amendment. We aim to strengthen the cooperative sector-level structure, allowing it to better contribute to Kenyan socio-economic growth within a robust, transparent and accountable framework. Madam Temporary Speaker, with those few main remarks and amendments to the Cooperative Society Act of 1997, I now beg to move and request Sen. Cherarkey to second. Thank you, Madam Temporary Speaker."
}