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{
    "id": 462828,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/462828/?format=api",
    "text_counter": 281,
    "type": "speech",
    "speaker_name": "Hon. Ichung’wah",
    "speaker_title": "",
    "speaker": {
        "id": 1835,
        "legal_name": "Anthony Kimani Ichung'Wah",
        "slug": "anthony-kimani-ichungwah"
    },
    "content": "2B. The Principal Act is amended in Section 3E- (i) subsection (1), by- (a) deleting the words, “in consultation with the Minister” and substituting therefore the words “through an open and competitive process” (b) deleting the words “or otherwise in writing from time to time” (ii) by inserting the following paragraphs immediately before paragraph (a) and renumbering the existing paragraph (a), accordingly- (a ) has satisfied all the requirements of Chapter 6 of the Constitution; (b) holds at least a postgraduate degree in insurance, audit, accounting, finance, actuarial science, business studies or banking; (c) is a member of a professional body recognized in Kenya; (iii) by inserting the following new subsection immediately after subsection (4)- “ (5) A person appointed as a Commissioner under subsection (1) shall serve for a term of three years and shall be eligible for re- appointment for a further term of three years; (6) On the coming into force of this Act, any person who immediately before the commencement of this Act held the office of a Commissioner of the Authority, shall, subject to the provisions of this Act, serve as a Commissioner for the remainder of that person’s term, or for a period of two years, whichever is sooner, and shall not be eligible for a further appointment."
}