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{
    "id": 870600,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/870600/?format=api",
    "text_counter": 1704,
    "type": "speech",
    "speaker_name": "Sen. Olekina",
    "speaker_title": "",
    "speaker": {
        "id": 407,
        "legal_name": "Ledama Olekina",
        "slug": "ledama-olekina"
    },
    "content": "(a) such moneys as may, from time to time, be appropriated by the National Assembly for that purpose; (b) levies, not exceeding one half of a percent on the sales of petroleum products; (c) such other moneys or assets as may accrue to or vest in the Authority in the exercise of its powers or the performance of its functions under the Act; (d) any revenues generated from any proprietary interest held by the Authority whether movable or immovable; (e) interest from bank deposits; and (f) any revenue from other sources including loans, grants, gifts, or donations approved by the Cabinet Secretary. (2) All revenues generated by the Authority including levies shall be paid into the Consolidated Fund. (3) Any funds retained by the Authority shall make part of the funds of the Authority by way of appropriation. (4) Penalties are excluded from the funds of the Authority. (5) The Cabinet Secretary responsible for matters relating to petroleum may make Regulations to provide for a levy prescribing— (a) the amount in Kenya Shillings payable per cubic metre of crude oil; (b) the amount of Kenya Shillings payable per one thousand cubic metre of marketable natural gas; (c) when the relevant levy may be applied; and any other requirements for implementation of the levy. (6) There shall be paid out of the funds of the Authority, all expenditure incurred by the Authority in the exercise of its powers or the performance of its functions under this Act."
}