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{
    "id": 275773,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/275773/?format=api",
    "text_counter": 458,
    "type": "other",
    "speaker_name": "",
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    "speaker": null,
    "content": "THAT, Clause 28 of the Bill be amended – (a) by deleting the words “under this Act” and substituting therefor the words “by the Central Bank” in sub clause (1); (b) by deleting sub clause (4) and substituting therefor the following new sub clause - (4) Where it appears to the Corporation that the affairs of an institution are being conducted in a manner detrimental to its own interests or to the interests of its depositors, the Corporation may increase the contributions of that institution beyond the prevailing rate prescribed by the Cabinet Secretary."
}