{"id":575444,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/575444/?format=json","text_counter":267,"type":"speech","speaker_name":"Hon. G.W. Omondi","speaker_title":"","speaker":{"id":1169,"legal_name":"George Washinton Mallan Omondi","slug":"george-washinton-mallan-omondi"},"content":"In Clause 5(1) of the same part, there is a penalty against those who are going to masquerade as qualified insolvency practitioners. They are going to be fined and expected to pay Kshs5 million. At Clause 8 of the same part, the Bill stipulates that an insolvency practitioner should apply to the official receiver. I will be bringing an amendment to this. This should not be left to the official receiver to approve the insolvency practitioner. Rather, it should be a panel or a committee within the official receiver’s office. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."}