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{
    "id": 901322,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/901322/?format=api",
    "text_counter": 361,
    "type": "speech",
    "speaker_name": "Kipkelion East, JP",
    "speaker_title": "Hon. Joseph Limo",
    "speaker": {
        "id": 1915,
        "legal_name": "Joseph Kirui Limo",
        "slug": "joseph-kirui-limo"
    },
    "content": " Hon. Temporary Deputy Speaker, thank you very much for this chance. As soon as this Bill was tabled in the House and advertised for the public to know that it was being processed, our Committee was tasked to tackle three areas. One of them was the Micro Finance Act which the Leader of the Majority Party has already spoken about. The Central Bank of Kenya has said that they want more time to come up with a more comprehensive amendment to the Micro Finance Act. The next one was the amendment to the Public Finance Management (PFM) Act. It was to amend Section 2(1) which was touching on accounting officers in the PSC which basically touches on Parliament. The third one was on Section 17(c) of the VAT Act which is on the withholding tax which was introduced for the purpose of intelligence or picking the payment of taxes by the taxpayers especially on VAT. This has become a problem to the taxpayers because some of them have been continuously accumulating credits. The law does not specify how they will get a refund or an offset. As soon as those sections were referred to us and advertised, we received some memoranda."
}