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{
    "id": 579038,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/579038/?format=api",
    "text_counter": 119,
    "type": "speech",
    "speaker_name": "Hon. Langat",
    "speaker_title": "",
    "speaker": {
        "id": 384,
        "legal_name": "Benjamin Kipkirui Langat",
        "slug": "benjamin-langat"
    },
    "content": "I am finalising now and I am within my time. You should relax. This is proposed to be increased from Kshs1 billion to Kshs2 billion by 31st December, 2016, move to Kshs3.5 billion by 31st December 2017 and to Kshs5 billion by 31st December 2018. The Road Maintenance Levy Fund is also proposed to be amended, so that some money from it can go to the Road Annuity Fund that is established under the Public Finance Management Act, Section 44. Part of the Road Maintenance Levy, in particular Kshs3 per litre, will go to the Road Annuity Fund. There is a proposal to amend the Retirement Benefits Act to reduce the period for submitting audited accounts from six months to three months. Those concerned must audit their accounts within a shorter time. They must submit audited accounts within three months as opposed to six months, which was previously the case. Those are the main proposals. We have engaged with the stakeholders as I said earlier on, and my Committee will be bringing some amendments when we agree with the stakeholders at the relevant stage. I will be listening to what the House has to say; we want to make it a smooth process. With those few remarks"
}