{"id":998932,"url":"http://info.mzalendo.com/api/v0.1/hansard/entries/998932/?format=json","text_counter":281,"type":"speech","speaker_name":"Sen. Sakaja","speaker_title":"","speaker":{"id":13131,"legal_name":"Johnson Arthur Sakaja","slug":"johnson-arthur-sakaja"},"content":"into prior to the declaration of a pandemic” immediately after the words “of obligations”; (c) by inserting the following new subclauses immediately after the new subclause (1)- (2) The Cabinet Secretary responsible for matters relating to finance shall- (a) in consultation with the association representing the largest number of lending institutions, prescribe an eligibility criterion for a moratorium under subsection (1); and (b) prescribe the criteria to be applied by a lending financial institution in determining the period for which the moratorium will apply with respect to its borrowers. (3) A statutory agency shall not charge fees, interest or penalties for late payment or failure by a person to meet their obligations under a contract during the pandemic period . This is after extensive consultation with more than 160 stakeholders. I thank you."}