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"id": 1566796,
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"type": "speech",
"speaker_name": "Sen. Oketch Gicheru",
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"content": "Mr. Temporary Speaker, Sir, it is 4.51 p.m. and Sen. Mandago has just walked in and, therefore, I understand his plight. I said that when one of the Senators was speaking here, he accused the Chairperson of the Committee on Finance and Budget for fighting for the inclusion of mineral royalties in this disbursement schedule as an additional allocation; which is true. However, I wanted to give clarity as to why that did not feature here. That is where I was going. The next time, Sen. Mandago should try to come to the House early. Mineral royalties are guided by the Mining Act, 2016. That allocation is under Section 181. The Act is further guided by the Mining (Mineral Royalty Sharing) Regulations, 2023 which we passed here in this House. If you further look at the PFM Act under Section 28, you will see that it requires mineral royalties after the collections are first put into a Mineral Royalties Collection Account, then, under Section 75 of the PFM Act, that collection account must be transferred to the Consolidated Fund Account. Mr. Temporary Speaker, Sir, where does the sharing element come into? Under those Regulations, Section 5 says- “(1) The accounting officer of the State Department shall prepare and submit to the National Treasury, by the 15th day after every quarter, a schedule of royalties on amounts— (a) of royalties received from holders of mineral rights; The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate."
}