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{
    "id": 410737,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/410737/?format=api",
    "text_counter": 1487,
    "type": "speech",
    "speaker_name": "Hon. Langat",
    "speaker_title": "",
    "speaker": {
        "id": 384,
        "legal_name": "Benjamin Kipkirui Langat",
        "slug": "benjamin-langat"
    },
    "content": "3B. The Insurance (Motor Vehicle Third Party Risks) Act is amended in section 17 by— (a) deleting the words “five thousand shillings” and substituting therefor the words “five hundred thousand shillings”; (b) deleting the words “three months” and substituting therefor the words “one year”; (d) deleting the words “for which no other penalty is specifically provided”. Hon. Temporary Deputy Chairman, we are getting timelines on when to pay. We are saying that the insurance companies shall confirm to the claimant by written notice. The insurance company should pay within 60 days of receiving the claim. Hon. Temporary Deputy Chairman, Section 3B is to do with penalties. The amendment seeks to amend Section 17of the principal Act. It says that any person who is guilty of an offence under this Act or any laws made thereunder and any person who contravenes any provisions of this Act or any of the rules made thereunder shall be liable to a fine not exceeding five thousand shillings. So, we are amending that figure from five thousand to five hundred thousand. That is what the Committee agreed on."
}