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{
    "id": 1503320,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1503320/?format=api",
    "text_counter": 560,
    "type": "speech",
    "speaker_name": "Marakwet West, Independent",
    "speaker_title": "Hon. Timothy Kipchumba",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Speaker. I rise to second the Unclaimed Financial Assets (Amendment) Bill. If you look at the law as it is and the interpretation of the courts, you will note that they have given it a very strict interpretation. This has necessitated this particular amendment. Designation means it can be either through testate or intestate succession, through a will or succession generally before our courts. So, when someone has designated a certain unclaimed property, and it is subjected to a court of law, the court, under succession law, may allow the person to claim that particular asset. For me, it is a progressive legislation, but should only be limited to lawful designations and nominations, whether through a will in cases of a testate succession, or where there is no will in intestate succession, and the courts lawfully designate a person to claim under this particular piece of legislation. Hon. Temporary Speaker, I rise to second."
}