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{
    "id": 629366,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/629366/?format=api",
    "text_counter": 144,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Abdalla",
    "speaker_title": "",
    "speaker": {
        "id": 382,
        "legal_name": "Amina Ali Abdalla",
        "slug": "amina-abdalla"
    },
    "content": "(a) prescribe the particular classes of transactions, entered into between the effective date and the commencement date which should be audited, the modalities for conducting such audits and the use for which such findings may be put; (ii) inserting the words “under section 5” immediately after the words “the agreement” appearing in paragraph (c); and (b) by inserting the following new sub-clause immediately after sub-clause (2) — (3) The regulations to be prescribed under subsection 2(a) shall be made within two years of the commencement of this Act. Hon. Temporary Deputy Chairman, there are three sets of amendments under Clause 13. This is an important amendment because this Bill was supposed to be in place by 15th August, 2015. This amendment protects the natural resources transactions that took place between 15th August, 2015 and the date this Bill will commence. The Constitution only covered the transactions between 15th August, 2010 and 15th August, 2015. This small lacuna in the middle needs to be taken care of so that we do not get into court cases. The second amendment is a cleaning exercise under (ii) to insert the words “under section 5”. The third amendment is to provide for the timeline under which the regulations under this section need to be done and that is “within two years of the commencement of this Act”."
}