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{
    "id": 179335,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/179335/?format=api",
    "text_counter": 350,
    "type": "speech",
    "speaker_name": "Mr. Bett",
    "speaker_title": "",
    "speaker": {
        "id": 157,
        "legal_name": "Franklin Kipng'etich Bett",
        "slug": "franklin-bett"
    },
    "content": "Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, Clause 45 of the Bill be amended (a) by deleting Subclause (1) and substituting therefor the following new sub-clause:- (1) Every licensed society shall, in each financial year, have an external auditor who shall be:- (a) a person qualified under Section 46; (b) approved by the annual meeting of that society; and, (c) appointed as such by the Authority. (b) by deleting the word \"licensed\" wherever it occurs and substituting therefor the word \"Sacco\". Mr. Temporary Deputy Chairman, Sir, I would like to seek the indulgence of the Chair regarding the word \"licensed\" and \"Sacco\". You may have noticed that we have been deleting the word \"licensed\" and replacing it with the word \"Sacco\". That is another typographical error. The word \"licensed\" was retained instead of it being replaced with the word \"Sacco\". I seek your indulgence that we replace the word \"licensed\" with the word \"Sacco\". Mr. Temporary Deputy Chairman, Sir, the amendment is meant to involve the co-operators in the appointment of auditors. In the past, it has appeared that auditors are appointed single- handedly or they are retained for a long time. So, their position as auditors is easily compromised. We would want the AGM to regularly review the position of their external auditors."
}