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"id": 948068,
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"type": "speech",
"speaker_name": "Kieni, JP",
"speaker_title": "Hon. Kanini Kega",
"speaker": {
"id": 1813,
"legal_name": "James Mathenge Kanini Kega",
"slug": "james-mathenge-kanini-kega"
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"content": " Thank you, Hon. Chairman. Before I move the amendment, I wish to make this observation. We did our report in August last year. It has delayed for some time, but we are ready to move. Therefore, I beg to move: THAT, clause 2 of the Bill be amended by deleting subsection (4) of the proposed new section 27A and substituting therefor the following subsection— (4) A deposit-taking Sacco society licensed under this Act shall notify the Authority prior to amending its registered by-laws or any provisions thereof. The justification is simple. This is to make it be in tandem with Section 5 of the Saccos Societies Act No.14 of 2005. Also, (b) of the Act provides that the mandate of the Authority shall be regulated and supervised by societies Sacco. It is that simple."
}