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{
    "id": 656511,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/656511/?format=api",
    "text_counter": 236,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Clause 37 of the Bill says that the Authority shall establish a national data centre, which shall be used for storage, analysis, interpretation and management of petroleum data and information from sedimentary basins and field operations. After we established the special economic zones, we harmonised the taxation regime in our country. For example, an investor in Singapore needs only to press a button to know our Value Added Tax (VAT) rate, Income Tax and Pay as You Earn (PAYE). This clause is saying that any investor who wants to invest in this sector will not go to the huge database, but will get the information he wants. From there, he can make an informed decision. It is like you have been told to look for a book in a library where there is no catalogue. You will get confused. Clause 37 is saying that there is a catalogue and there is a certain section where you can get the information. So, I ask my good friend to withdraw his amendment. He won elections twice in a region which has euphoria and came to this House as an independent candidate."
}