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{
    "id": 1557237,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1557237/?format=api",
    "text_counter": 666,
    "type": "speech",
    "speaker_name": "Tharaka, UDA",
    "speaker_title": "Hon. George Murugara",
    "speaker": null,
    "content": " Thank you, Hon. Temporary Chairlady. I beg to move that the New Clause 3 of the Bill be read a Second Time. What we propose to do is to make a provision on the limitation to the state so that a person who, immediately before the commencement of this Act, held office as the Director General of the Financial Reporting Centre shall continue to hold that office as if he has been appointed under Section 25 of the Proceeds of Crime and Anti-Money Laundering Act. We are also introducing a new subsection (2) so that the term of a person who continues in office under subsection (1) shall not exceed six years from the date of the second appointment. This is purely to align this sub-section with the subsection (1). The rationale is to provide for the transition of the current Director General of the FRC in light of the amendment that we have made regarding the term of office so that we do not actually dismiss this person by virtue of legislation. Thank you. 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."
}