{"id":463335,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/463335/?format=json","text_counter":217,"type":"other","speaker_name":"","speaker_title":"","speaker":null,"content":"new definition— “payment” means the transfer of currency for the purpose of discharging a liability, making a gift or donation or for creating a balance at a bank, financial institution or a microfinance bank which can be drawn upon; (iv) inserting the following new definitions in their proper alphabetical sequence— “authorized microfinance bank” means a microfinance bank licensed by the Bank under section 33B; “microfinance bank” means an institution licensed under the Microfinance Act, 2006; (b) in section 33H, by inserting the words “or an authorized microfinance bank” immediately after the words “authorized bank” in subsection (1); (c) in section 47, by deleting paragraph (c) of subsection (1) and substituting"}