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{
    "id": 810802,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/810802/?format=api",
    "text_counter": 350,
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    "content": "will also help it to maintain some kind of institutional memory which can be transmitted from the term of one board to the other. In terms of the actual appointment by the CS, I strongly feel that probably we do not need to leave it open to be based on the regulations which the CS will make. We probably need to introduce a clause which can provide some kind of guidance to the CS on how to go about the same. The other important clause which has attracted my attention and I would like to speak to is the administration of the scheme. More often, when we have one officer acting as a manager, custodian and administrator at the same time, we provide a conducive environment for corruption which we are trying to fight in the country. Therefore, separating the roles of the three is something which is very good. For example, the fund manager implements investment policy and also manages the fund and its assets. The custodian is responsible for receiving the contributions and the administrator deals with issues of the relationship between the fund and the members of the fund. If a member requires anything concerning his or her account, there will be a unit under the administrator where he or she can access information. I can see my time is running out. As I conclude, I would like to appreciate what our former councillors are going through. I hope, at some point, a petition or motion will be brought to this House so that we can see how best we can ensure that the difficulties they are facing, given the important role they played during their time when they were not even entitled to salaries or allowances, are looked into. I support the Bill."
}