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"speaker_name": "Hon. Lessonet",
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"legal_name": "Moses Lessonet",
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"content": "Hon. Temporary Deputy Chairlady, I beg to move:- THAT, Clause 10 of the Bill be amended— (a) in sub clause (1) by deleting the word “Board” and substituting therefor the word “National Treasury”; (b) in sub clause (6) by deleting the words “Board Fund ” and substituting therefor the word ”Constituency”; (c) in sub clause (7) by deleting the words “ Fund ” and substituting therefor the word ”Constituency” This amendment is aligning the Bill with the Public Finance Management (PFM) Act. Hon. Members should know that according to PFM Act, the National Treasury is the only body which is mandated to approve the opening of bank accounts. Therefore, that is why we are replacing the word “Board” with “National Treasury”, just to align it with the PFM Act, that such approval for opening bank accounts is only approved by the National Treasury. Thank you."
}