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{
    "id": 435490,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/435490/?format=api",
    "text_counter": 278,
    "type": "speech",
    "speaker_name": "Hon. Ogalo",
    "speaker_title": "",
    "speaker": {
        "id": 2679,
        "legal_name": "George Oner Ogalo",
        "slug": "george-oner-ogalo"
    },
    "content": "Thank you, hon. Temporary Deputy Chairman. Paragraph (b) necessitates the inclusion of new Clause 53A. Deleting it will mean that there is no need of introducing new Clause 53A. Look at the parent Act, all the subsections of Section 53 are enumerated in the proposed new Section 53A. The purpose of exempting external loans and external guarantees is to ensure that they are treated afresh in the new law. My interest is to actually put all the external loans on the same stringent rules and conditions provided in the parent Act under Section 53. That is the understanding that I wanted to get clear."
}