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"content": "penalties for observance or non-observance of this Act, you will find that they have been put properly within Clause 5. This is also included. So, what we are doing is mixing penalties with the performance or the observance of what needs to be done and what need not be done. Clause 48 is one that we reserved. I think while looking at it, we said that there is already a penalty if you do not do what you are supposed to do within the law. So, if anything, we do not need this draconian law. I also want to bring it to your attention that when you talk about “who has not declared”, you are assuming that a state officer is only the Members of Parliament who are here. Let me give you a live example. Some of you may be having children learning or attending school in Uganda, and they may be under 16 and cannot open bank accounts in that country. So, you may open a bank account in the parent’s name who is a state officer. At one point or day when somebody wants to fix you, they will come and say that you have not declared the other account because your declaration perhaps has not reached there and then you will automatically find yourself in trouble. You have not put in the time limit. Who must declare and within what period? If you do not do it that way, you will be opening room for mischief. Remember that you are passing this law for yourselves and you will remember my wise advice one day."
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