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"type": "speech",
"speaker_name": "Hon. Gaichuhie",
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"id": 17,
"legal_name": "Nelson Ributhi Gaichuhie",
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"content": "Hon. Temporary Deputy Chairlady, I beg to move: THAT, Clause 11 of the Bill be amended in the proposed Section 31 by inserting the words “specific act or” immediately before the word “function” appearing in sub-section (3). The amendment seeks to exclude the Centre from the ambit of the State Corporations Act as it has the potential to interfere with the operational independence of the Centre, which is a key requirement and the best practice for financial intelligence units. You know that when the Centre is in the State Corporations Act, it means that it will be guided by it. We want FRC to be very independent. That is the import of this amendment."
}