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{
    "id": 744061,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/744061/?format=api",
    "text_counter": 667,
    "type": "speech",
    "speaker_name": "Hon. Gaichuhie",
    "speaker_title": "",
    "speaker": {
        "id": 17,
        "legal_name": "Nelson Ributhi Gaichuhie",
        "slug": "nelson-gaichuhie"
    },
    "content": "Hon. Temporary Deputy Chairman, I beg to move: THAT, the Bill be amended by inserting the following new Part immediately after Part I – Powers of the 2B. The Institute shall have all the powers necessary for the proper performance Institute. of its functions under this Act and in particular, but without prejudice to the generality of the foregoing, the Institute shall have the power to— (a) manage, control and administer its assets in such a manner and for such purposes as best promotes the purpose for which the Institute is established; (b) open such bank accounts for its funds as may be necessary; (c) determine the provisions to be made for capital and recurrent expenditure and for the reserves of the Institute; (d) subject to approval of the Cabinet Secretary for the time being responsible for matters relating to finance, invest any of the Institute‘s funds not immediately required for the purposes of this Act, as it may determine; (e) receive gifts, grants, donations or endowments made to the Institute and make disbursements therefor; (f) enter into association with such other bodies or organisations within or outside Kenya as it may consider desirable or appropriate and in furtherance of the purposes for which the Institute is established; and, (g) undertake any activity necessary for the fulfillment of any of its functions."
}