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{
    "id": 972324,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/972324/?format=api",
    "text_counter": 127,
    "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": " Thank you, Hon. Temporary Deputy Chairlady. You know the Departmental Committee on Finance and National Planning has very organised people and this has to be on record. We always deliver on time. I beg to move: THAT, Clause 6 of the Bill be amended in sub clause (2) – (a) by deleting the word “charging” appearing immediately after the word “holding,” under paragraph (b); (b) by deleting paragraph (c). This means that the Equalisation Fund Board is charged with the utilisation of the Equalisation Fund and by giving them the word “charging”, to charge property, is inappropriate. We were of the view that they should not be given the power to charge movable or immovable assets of the board because they are not supposed to borrow any money. That is a special fund. Hon. Temporary Deputy Chairlady, I want your guidance. Do I also execute (b), so that you put a Question on both of them? I have (b), which I think is almost the same. We are making sure the board operates in an appropriate manner and avoids issues like borrowing money. Part (b) is talking about borrowing money whereas (a) is talking about “charging”. So, we are removing the power from them to charge assets and to borrow money from elsewhere."
}