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{
    "id": 866226,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/866226/?format=api",
    "text_counter": 296,
    "type": "speech",
    "speaker_name": "Makueni, WDM-K",
    "speaker_title": "Hon. Daniel Maanzo",
    "speaker": {
        "id": 2197,
        "legal_name": "Daniel Kitonga Maanzo",
        "slug": "daniel-kitonga-maanzo"
    },
    "content": " Thank you, Hon. Temporary Deputy Chairlady. The amendment proposes to delete the words, “the authority may consider fit.” There are regulations under this Act to be made under the Statutory Instruments Act. The regulations will prescribe the procedure of dealing with a matter instead of the Authority being the final decision maker. There is going to be a process. The amendment makes it better. As other Members have stated, regulation of SACCOs if extremely important because there are millions of shillings belonging to people. Therefore, Sacco Societies Regulatory Authority (SASRA) is very important and must come up with regulations which we will approve as a House to make sure they are within the law and can be used to ensure the sector is well regulated. Thank you."
}