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"speaker_name": "Hon. Langat",
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"legal_name": "Benjamin Kipkirui Langat",
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"content": "Hon. Temporary Deputy Chairman, I want to inform my very good friend, hon. Nyikal, that he can look at Clause 5 which amends Section 53 of the main Act; down there it says: βAn external loan or external government security may be executed on behalf of the Government only by the Cabinet Secretary, a delegate appointed by the Cabinet Secretary, in writing; or a borrowing agent appointed for the purposes of this Act.β So, it is clear that nobody else can borrow, except the Cabinet Secretary or somebody appointed by him in writing, or a borrowing agent, as provided for under Subclause (6)(c) β in respect of which the Committee had a problem. Therefore, as a Committee, we have an amendment to make it clear as to how the agent shall be appointed."
}