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"id": 712503,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/712503/?format=api",
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"type": "speech",
"speaker_name": "Hon. A.B. Duale",
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"speaker": {
"id": 15,
"legal_name": "Aden Bare Duale",
"slug": "aden-duale"
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"content": "because land determines the pace at which public infrastructure investments can be actualised in our country. That is the object of this Bill. The importance of this Bill, with regard to the amendment of the Land Act, 2012, is to provide for the development of a land value index. So, the whole gist is that we must develop within the land index value law to standardise and harmonise the value of land across the country for the primary purpose of making a determination. Once you have the land value index system, you can standardise and harmonise the value of land across the country in as far as land rents, rates and Stamp Duty are concerned in the conveyance of land and compensation predictability. If a certain section is where the way leave for the transmission of electricity lines is going to pass, then, the Kenya Electricity Transmission Company (KETRACO) and the valuers will know the value index system. Basically, that is what this Bill is all about. In conclusion, land rates, rents and Stamp Duty in a modern country like Kenya, must be predictable and rational. They must not be prone to subjective valuation where one valuer will say that one acre is worth Kshs2 million and another Government valuer says that one acre is worth Kshs100 million. That unpredictability must be resolved. That is what the Bill talks about. In terms of acquisition, harmonising, standardising compensation and ease of acquisition of land and access to land and rights over land, there are places, like where I come from in Northern Kenya, where when you want to build a road, a community will say that that is their land when the whole land is trust land. In terms of what you should pay to the county government, individual citizen or land rates and Stamp Duty, this must be harmonised and standardised based on the land value index that Parliament will agree on through this Bill. That is the gist of the matter. I will ask the Whip of the Majority Party, Hon. Katoo ole Metito, to go clause by clause on what the Bill intends to do. I beg to move and ask Hon. Katoo to second."
}