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"id": 933812,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/933812/?format=api",
"text_counter": 171,
"type": "speech",
"speaker_name": "Kipekelion East, JP",
"speaker_title": "Hon. Joseph Limo",
"speaker": {
"id": 1915,
"legal_name": "Joseph Kirui Limo",
"slug": "joseph-kirui-limo"
},
"content": "Kenya except— (a) an imprest bank account which may be opened in a commercial bank account to facilitate the day to day operation of offices, provided the balance for the account shall not exceed a limit set by the Cabinet Secretary; (b) a revenue collection account to facilitate receipt and transfer of revenue to the relevant County Revenue Fund; (c) a bank account relating to a county public fund established pursuant to section 116 to facilitate administration of the fund; and (d) any other bank account authorised by the Cabinet Secretary to opened in a commercial bank. (2)Any bank account opened under subsection (1), for the primary purpose of collecting money raised or received by or on behalf of the county government shall be designated as a County Revenue Collection Account and shall be used only for the purposes of collecting money raised or received by or on behalf of the county government. (3)Money paid into a bank account designated as a County Revenue Collection Account shall be promptly credited into the County Exchequer Account and shall be used and accounted for in accordance with Article 207 of the Constitution and section 109. (4)No expenditure shall be paid out of a bank account designated as County Revenue Collection Account except as otherwise authorised by law. (5)The County Treasury may prescribe the banking rules and the maximum balance which may be held in any official County Treasury Single Account sub-account or other bank accounts, and if at any time this balance seems likely to be exceeded, the officer operating the accounts shall consult the County Treasury on the action to be taken. (6)No official county government bank account shall be overdrawn, nor shall any advance or loan be obtained from a bank account for official purposes beyond the limit authorised by the County Treasury in line with section 119(4) and the authority shall be conveyed in writing. (7) An accounting officer of a county shall, for each quarter of a financial year, prepare and submit to the County Treasury a record of all bank accounts operated by the entity during the year, with a copy to the Controller of Budget, the Auditor General, and the National Treasury."
}