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"speaker_name": "Hon. (Ms.) Kajuju",
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"legal_name": "Florence Kajuju",
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"content": "Hon. Speaker, if the Bill was to pass in its current form, it would override all national legislation governing SACCOs as provided in Clause 54; it should, therefore, take cognizance of the fact that the licensing, supervision and regulation of SACCOs as deposit-taking institutions is not covered in the Bill. Thus domestic laws such as the SACCO Societies Act, 2007 ought to take precedence when it comes to prudent regulation of SACCOs."
}