Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 722990,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/722990/?format=api",
    "text_counter": 92,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Thank you, Hon. Speaker. As I second this Bill, I really want to thank you for making the determination within the provisions of the Constitution that this Bill concerns county governments and that the former Secretary of Co-operatives and the current Member for Makueni should not have any problem. He is a serious stakeholder. He knows this thing. Even if he is a Member of Parliament, just like Hon. Chris still has networks in the universities, Hon. Maanzo knows those people. Your problem has been solved. We thank the Speaker for taking this Bill to the Senate after we conclude. Two, this is a money Bill within the reading of Article 114 of the Constitution. Finally, this Bill went through stakeholders’ consultations - thorough stakeholders’ consultation - including and up to the Cabinet level before it landed in Parliament. Fourthly, this Bill has been submitted to this House through the procedures of the House by the Cabinet Secretary (CS) for the National Treasury in line with the proposals announced in the Budget for 2016/2017 Financial Year. So, this Bill, with all that I have said, is before this House through the right procedures. What does this Bill do? What is the objective of this Bill? The principal objective of this Bill is to amend the SACCO Society Act of 2008. What is it providing for in this Bill? One, this Bill is providing for the registration and licensing of SACCO societies as deposit savings and credit co-operatives. So, this House is under obligation to formulate legal framework that will protect the savings of Kenyans who we represent. This Bill is dealing with quacks. You could form your society, collect millions and disappear. We have classical examples 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."
}