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{
    "id": 632263,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/632263/?format=api",
    "text_counter": 286,
    "type": "speech",
    "speaker_name": "Hon. (Dr.) Shaban",
    "speaker_title": "",
    "speaker": {
        "id": 139,
        "legal_name": "Naomi Namsi Shaban",
        "slug": "naomi-shaban"
    },
    "content": "Hon. Temporary Deputy Speaker, I beg to move that the Warehouse Receipts System Bill, 2015 be now read a Second Time. The proposed Warehouse Receipts System Bill provides a legal framework for the development and regulation of a warehouse receipts system for agricultural commodities, establishment of the Warehouse Receipts Systems Council and addresses marketing challenges associated with cereals and grain sub-sectors in Kenya. The Ministry of Agriculture, Livestock and Fisheries together with the National Treasury have developed this Bill in a measure to commercialise production and storage of agricultural products in Kenya. The Bill seeks to enhance food security within the country by taking stock of the reserves. Pursuant to the recommendations of the Task Force on Warehouse Receipts System in Kenya formed in 2012, the proposed Bill intends to provide a framework for the monitoring and trading with agricultural products in Kenya. The Bill has addressed the foregoing objectives and essentially has six main parts which are divided into:- (1) The provisions establishing the Warehouse Receipts Systems Council (2) Licensing and inspection of warehouses receipts. (3) Obligation and rights of warehouse operators upon their receipts. (4) Negotiation and transfer of receipts. (5) The penal provisions. (6) The miscellaneous provisions. The salient features of these parts are as follows:- Part I relates to preliminary provisions of the Bill. Clause 1 provides for the interpretation of various terms used in the Act. Clause 2 defines the Cabinet Secretary responsible for this Bill as that in charge of matters relating to agriculture. Part II provides for the Warehouse Receipts Systems Council. Clause 3 establishes the Warehouse Receipts System Council as a corporate body. The composition of the Council includes a non-executive chairperson, the Principal Secretaries for Agriculture, Livestock and Fisheries and the National Treasury and five other persons with the requisite skills relevant for the work of the Council. The term of office of the members of the Council shall be for a period of three years. Clause 4 of the Bill provides for the functions of the council to, inter alia, include the establishment, maintenance and development of the warehouse receipts system for agricultural commodities. 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."
}