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{
    "id": 226331,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/226331/?format=api",
    "text_counter": 126,
    "type": "speech",
    "speaker_name": "Mr. Wanjala",
    "speaker_title": "The Assistant Minister for Water and Irrigation",
    "speaker": {
        "id": 295,
        "legal_name": "Newton Wanjala Kulundu",
        "slug": "newton-kulundu"
    },
    "content": " Mr. Deputy Speaker, Sir, I beg to reply. (a) Yes, I am aware that the Municipal Council of Nakuru changed the shareholding of Nakuru Water and Sanitation Services Company by increasing the number of shares held by council officials. A general meeting of the company held in February, 2006, also increased the number of directors in the Board of Directors. However, these changes have not been filed with the Registrar of Companies. (b) Nakuru Water and Sanitation Services Company is registered under the Companies Act as a private company limited by shares. (c) My Ministry, through Rift Valley Water Services Board, has instructed the company to comply with the provisions of the Companies Act by ensuring that the changes are filed and registered with the Registrar of Companies, failure of which, the service provision agreement between the Rift Valley Water Services Board and Nakuru Water and Sanitation Services Company will be cancelled. My Ministry has developed and will soon gazette rules and regulations governing water services providers aimed at legalising changes in Memorandum and Articles of Association of Companies after signing of water services provisions agreement."
}