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{
    "id": 495998,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/495998/?format=api",
    "text_counter": 980,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Abdalla",
    "speaker_title": "",
    "speaker": {
        "id": 382,
        "legal_name": "Amina Ali Abdalla",
        "slug": "amina-abdalla"
    },
    "content": "(6) The Cabinet Secretary shall prescribe regulations for the use of the assets. This is a very significant amendment because we are dealing with movable and immovable assets of the mining companies. We are cleaning it up so that they can be vested on the Republic on the effective date. We are dealing with this because there is mischief by some of these investors who take away equipment that have already been depreciated in their books. We are, therefore, looking for opportunity to ensure that the Republic does not lose when it comes to movable and immovable assets."
}