{"id":706798,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/706798/?format=json","text_counter":222,"type":"speech","speaker_name":"Hon. Kabando wa Kabando","speaker_title":"","speaker":{"id":31,"legal_name":"Kabando wa Kabando","slug":"kabando-kabando"},"content":"Thank you, Hon. Temporary Deputy Speaker. I rise to second this Motion. Our Chairman has very ably elaborated the reasoning and justification on why we made the conclusion. The delegation from the Senate was very elaborate and passionate about the need to initiate this financing. As it were, if any section of any established law or the Constitution is violated or not adhered to, then it simply means that the Committee on Delegated Legislation, whatever other interests or intentions, cannot make a recommendation that will run contrary either to the Constitution or subsidiary legislations. That is our mandate. That is essentially why the Committee is established. Having gone through the various reasoning and having reviewed all the other attendant legislations like the Public Finance Management Regulations and the Statutory Instruments Act, we concluded that it is not practical that this Fund be permitted. Just to read two parts to reiterate what the Chairman has said on the Public Finance Management Regulations, 2015, Regulation 207 states that the CA for the National Treasury shall demonstrate how the activities of the proposed public fund shall fit in the overall medium- term plan and the Budget Policy Statement. That is a requirement. It is not an option. It is not a 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."}