{"id":720710,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/720710/?format=json","text_counter":305,"type":"speech","speaker_name":"Hon. Gaichuhie","speaker_title":"","speaker":{"id":17,"legal_name":"Nelson Ributhi Gaichuhie","slug":"nelson-gaichuhie"},"content":"(iii) in subsection (3), by— (a) deleting the word “fine” appearing immediately before the words “is prescribed under” and substituting therefor the words “monetary penalty”; (b) deleting the word “fine” appearing immediately after the expression “section, such” and substituting therefor the word “penalty”; (c) deleting the word “ten” in paragraph (b); (d) deleting the word “fine” appearing in paragraph (c) and substituting therefor the words “monetary penalty”; (iv)by deleting subsection (4) and substituting therefor the following new subsection (4)— “(4) A monetary penalty imposed on a person under this section shall be a debt due to the Centre and shall, after it becomes due, be recoverable at any time through proceedings in a court of competent jurisdiction”; (b) in the proposed section 24C, by— (i) renumbering the existing provision as subsection (1); (ii) inserting the word “or” immediately after the word “institution” appearing in paragraph (a); (iii)inserting the words “instruction or” immediately before the word “direction” appearing in paragraph (b); (iv) inserting the words “or individuals” immediately after the word “individual|” appearing in paragraph (c); (v) deleting paragraph (d) and substituting therefor the following new paragraph— “(d) issue an order to a competent supervisory authority requesting the suspension or revocation of a license, registration, permit or authorization of a specified reporting institution whether entirely or in a specified capacity or of 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."}