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{
    "id": 179350,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/179350/?format=api",
    "text_counter": 365,
    "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 48 of the Bill be amended by deleting Clause 48 and substituting therefor the following new clause:- 48. The annual general meeting of a cooperative society as established under the Cooperative Societies Act shall be the supreme organ of a Sacco society. Mr. Temporary Deputy Chairman, Sir, I want to indicate that the new clause substituting Clause 48 is important in the sense that membership must not have a group of people usurping their authority in the society. In the past, there have been extra ordinary or special meetings called before the end of the year. In such meetings, decisions which have far reaching effects have been made. They affect the operations of the society. Mr. Temporary Deputy Chairman, Sir, we are saying that the supreme organ of the Sacco, institutions, be the Annual General Meeting (AGM) so that decisions made by special or extraordinary meetings are subject to the AGM. That is the essence of our proposal to amend Clause 48."
}