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{
    "id": 844816,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/844816/?format=api",
    "text_counter": 223,
    "type": "speech",
    "speaker_name": "Gilgil, JP",
    "speaker_title": "Hon. (Ms.) Martha Wangari",
    "speaker": {
        "id": 13123,
        "legal_name": "Martha Wangari",
        "slug": "martha-wangari"
    },
    "content": " Thank you, Hon. Temporary Deputy Chairman, picking from what Hon. Mbadi has said, my contribution to the Chairman is that, if you read No. 2, it says that the Central Bank shall prescribe the regulations under sub-section 1 within 30 days of coming into force with this section. What we are running away from is the fact that these regulations, however illegal, have been in application. So, what we are trying to do is put it in a proper way. My proposal would be, from the Delegated Legislation Committee point of view, is that we put it and anchor it to the Statutory Instruments Act. These two will be prescribed in accordance to the Statutory Instruments Act. That will put the necessary timelines that prescribe how regulations should be made. It will also take care of the issue of public participation. If they do not go through public participation, we will have a situation where we can sit down and say they have not done them in the right way and we can annul them. Therefore, my proposal to the Chair is that even as we re-word it, let us anchor these regulations in accordance to the Statutory Instruments Act because it prescribes the timing, the manner and how the law should be applied."
}