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"id": 879675,
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"type": "speech",
"speaker_name": "Mathare, ODM",
"speaker_title": "Hon. Anthony Oluoch",
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"legal_name": "Anthony Tom Oluoch",
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"content": "I also want to speak about the sharing formula and the arbitrariness that this will create. Dr. Nyikal had said that we have an instrument which is not before this House. That instrument purports to give the sharing revenue. Looking at other Acts of Parliament, for example the Political Parties Fund, it tells you clearly that there is a 0.3 per cent allocation. It then says that this is the formula on which that should be anchored. The very fact that a formula wants to be anchored in a subsidiary piece of legislation or instrument shows sheer mischievousness lends itself to arbitrariness and can be changed at will by the Government of the day. I oppose this Bill. If we set this precedent, as Members of Parliament, prepare yourself for NG-CDF and NGAAF to go. Other funds outside of the PFM and created to be managed outside of the National Treasury will find themselves under this same predicament. I have signed a proposed amendment to delete the provisions of certain clauses in the amendment Bill so that we go back to the Sports Act. Let us find out how we can devolve monies that come through betting and lottery and any other source to the constituency level. Let the boards be created there. Let us help the Jubilee Government to create the 100 stadia they said they would. Let us give the youth their rightful share of the cake in this country."
}