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{
    "id": 357095,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/357095/?format=api",
    "text_counter": 68,
    "type": "other",
    "speaker_name": "",
    "speaker_title": "",
    "speaker": null,
    "content": "Hon. Speaker, Sir, let me go to the salient features of this Bill. Clause 1 to 3 of the Bill relates to the preliminary observations. That is the short title, definition of words and expressions, the object and the purposes of the Bill. Clause 4 of the Bill provides for equitable allocation of revenue raised by the national Government in respect to the 2013/2014 Financial Year among the national and the county governments. This is set out in the schedule of the Act. Hon. Speaker, Sir, Clause 5 of the Bill provides for the variation of the revenue and specifically if the revenue raised in a financial year falls short of the expected. Then that section gives provision that the shortfall will be borne by the national Government and not the county government. The vice-versa is true so that if the revenue surpasses the target then in that case the country government and the national Government will share that excess in pro rata basis. Clause 6 of the Bill provides for a dispute resolution mechanism between State organs and all levels of Government. It complies with Article 189 of the Constitution. This Bill is in consistent with the constitutional provisions and the Public Finance Management Act of 2012 regarding the preparation and submission of the Division of Revenue Bill. This Bill is in the House for debate and further action based on the Constitution and Public Finance Management Act. Treasury had a very good engagement with the Commission on Revenue Allocation (CRA). The amendments that I will be bringing to the House have been agreed upon. If possible, we will table the minutes of those deliberations to show the country that CRA as an independent"
}