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{
    "id": 831097,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/831097/?format=api",
    "text_counter": 194,
    "type": "speech",
    "speaker_name": "Funyula, ODM",
    "speaker_title": "Hon. (Dr.) Wilberforce Oundo",
    "speaker": {
        "id": 13331,
        "legal_name": "Wilberforce Ojiambo Oundo",
        "slug": "wilberforce-ojiambo-oundo-2"
    },
    "content": "Thirdly, I trust that the central registry as proposed in the Bill will try as much as possible to allow the certificates issued by the warehouse operators to become security for financial facilities. Unfortunately, looking through the Act, that particular aspect has not been expressly stated as it is in the Lands Act. The only reference which gives an indication that they need to securitise these certificates is the membership of the council which has one person nominated by a financial sector regulatory forum. We would wish, at the Third Reading, to introduce amendments that reinforce the use of those certificates as security for acquisition of loans and 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."
}