Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 1559900,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1559900/?format=api",
    "text_counter": 891,
    "type": "speech",
    "speaker_name": "Tharaka, UDA",
    "speaker_title": "Hon. George Murugara",
    "speaker": null,
    "content": "law understands exactly when that law is going to affect him or her. The provision in the Act is that provided the value of such investment is not less than Ksh2 billion and the exemption was granted before 1st January 2024, it shall continue to apply for 12 months after that date. That is where the proposed amendment comes in. We now have to substitute 12 months after this date, which is the 1st of January 2024, with 12 months from the date of commencement of the Act. The date of commencement of the Act is actually the most important. In fact, the 1st of January 2024 may actually have been eaten into by the time the Bill was assented to. Therefore, the new date of commencement will actually give the relevant 12 months, which have to be considered as concessionary. Therefore, this is a good amendment and I support it."
}