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{
    "id": 784185,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/784185/?format=api",
    "text_counter": 9,
    "type": "speech",
    "speaker_name": "Hon. Speaker",
    "speaker_title": "",
    "speaker": null,
    "content": "Hon. Members, I have Petition No.14 of this year to convey. Standing Order 225 (2) (b) requires that the Speaker reports to the House any Petition other than those presented through a Member. I, therefore, wish to convey to the House that my Office has received a petition signed by Mr. Allen Waiyaki Gichuhi of ID No.11061762 from Wamae & Allen Advocates. Hon. Members, the Petitioner avers that Article 46 of the Constitution recognises and upholds the protection of consumer rights especially from public and private entities and that Part VII of the Consumer Protection Act has inherently failed to protect consumers from oppressive lending practices by banks and other credit lending institutions, hence going contrary to the spirit of the Constitution. The Petitioner further contends that various Acts under which credit services are provided namely the Microfinance Act, 2006; the Housing Act, Cap 117 and, Section 44A of the Banking Act have limitations and are largely unregulated, and they do not protect borrowers from unscrupulous lenders and shylocks. The Petitioner, therefore, prays that the National Assembly: (i) intervenes and considers amending the Consumer Protection Act to include the in duplum provisions to apply to all credit providers and credit agreements, notwithstanding the nature of the parties to the credit agreement; and, (ii) makes any other order or direction that it deems fit in the circumstance of this matter. Pursuant to the provisions of Standing Order 227, this Petition, therefore, stands committed to the Departmental Committee on Finance and National Planning for consideration. The Committee is requested to consider the Petition and report its findings to the Petitioners and the House in accordance with Standing Order 227(2). May I also encourage the Committee to propose a Bill for consideration by the House in addressing the lacuna in the three Acts of Parliament as raised by the Petitioner. Hon. Members, in keeping with Standing Orders, if any Member is desirous of making comments on this, they can press an intervention button. I can see the Member for Kiminini. Do you want to say something? The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor."
}