Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 850227,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/850227/?format=api",
    "text_counter": 532,
    "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": "matter of branding and registration must include the word “Deposit-Taking” (DT) to differentiate this SACCO from other SACCOS that not necessarily offer FOSA services. When you look at Section 24 of the principal Act, it lists the procedure for purposes of registration as a SACCO. Those procedures suppose that a SACCO can choose not to register as a DT and not to register and be under the supervision of SASRA. Therefore, we expect this particular Bill and amendments that we will move at the Committee of the whole House to make it mandatory that any SACCO that receives deposits from members and any SACCO that at times receives deposits from members who do not belong to the same professional working association should by law operate as a DT SACCO, so that it falls within the purview and supervision of SASRA. It is a matter of choice. We know there are some SACCOs in this society that are operating multibillion businesses but since they have not applied to join FOSA, they are not subject to the supervision of SASRA. As a Committee, we will definitely re-look at that matter."
}