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{
    "id": 967891,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/967891/?format=api",
    "text_counter": 511,
    "type": "speech",
    "speaker_name": "Makueni, WDM-K",
    "speaker_title": "Hon. Daniel Maanzo",
    "speaker": {
        "id": 2197,
        "legal_name": "Daniel Kitonga Maanzo",
        "slug": "daniel-kitonga-maanzo"
    },
    "content": " Thank you, Hon. Temporary Deputy Speaker. I am part of the team of the great Committee on Delegated Legislation. I am happy to support this Motion. The CBK has made very many regulations which have not been brought to Parliament. You will find them when you go into banks. You will wonder where the regulations came from and why they are doing it. The other day I was told that I have to give my biometrics in a bank before I am served. I wondered what regulation it was. I cooperated because I needed the money, I realised later on that I had to sign a contract. So, they have a way of going round the law so that it looks like it is my agreement with the bank. This has also happened in these regulations. The main point of amending the regulations is because the CBK has re-delegated certain powers delegated to them to another body. Of course, there is a principle in law that you cannot delegate what has been delegated to you. That is the principle they have breached. Generally, there must be public participation. It was poorly done in this case. I am a supporter of SACCOs. They deal with finances. The CBK is to a great extent managing them. They were not consulted, among other micro-financing institutions. The public participation was poor. Again, they went against Section 13(m) of the Statutory Instruments Act. Therefore, having breached the law, this Committee found it good that we annul these regulations so that they can go and reorganise themselves and come back to this House. While making any law, we must follow the Constitution – existing laws then the regulations follow. You cannot make regulations which are unconstitutional or do not originate from an Act. I beg to support."
}