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{
"id": 462853,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/462853/?format=api",
"text_counter": 306,
"type": "speech",
"speaker_name": "Hon. Langat",
"speaker_title": "",
"speaker": {
"id": 384,
"legal_name": "Benjamin Kipkirui Langat",
"slug": "benjamin-langat"
},
"content": "3A. The Insurance Act is amended - (i) in section 7 by deleting the words “ten thousand shillings” and substituting therefor the words “two hundred thousand shillings” (ii) by inserting the following subsection (8) immediately after subsection (7)- (8) For avoidance of doubt, where the Authority, the Commissioner or other authorised persons require an insurer or a licensed person to provide information under this Act- (i) the Authority, the Commissioner or such authorised persons shall declare to the insurer or a licensed person, the intended purpose of sharing of the information and the persons or institutions intended to receive the information; (ii) in the case of an insurer, such information shall be provided upon written consent obtained from the Board of such insurer; and, (iii) if at the expiry of twenty one calendar days, the Board of an insurer has not granted the consent under paragraph (ii), the person from whom the information was required or the licensed person shall provide the information to the Authority."
}