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{
    "id": 564312,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/564312/?format=api",
    "text_counter": 331,
    "type": "speech",
    "speaker_name": "Hon. Langat",
    "speaker_title": "",
    "speaker": {
        "id": 384,
        "legal_name": "Benjamin Kipkirui Langat",
        "slug": "benjamin-langat"
    },
    "content": "Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 35 be amended— (a) in subclause (1) by deleting the words “Securities and Investment” wherever they occur and substituting therefor the words “Investment and Financial”; (b) in subclause (4) by deleting the word “five” and substituting therefor the word “one”. The first one is a consequential amendment. The other one is about the penalties which we are seeking to reduce from Kshs500,000 to Kshs100,000. My Committee felt that Kshs500,000 is too high for a first offender. So, we agreed to reduce it from Kshs500,000 to Kshs100,000 for a first offender and Kshs1,000,000 for each day on which the offence continues."
}