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"content": "(1) The Cabinet Secretary, in consultation with the investors. Cabinet secretary responsible for finance, may put in place"
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"content": "measures to provide incentives to investors, including— (a) providing for tax relief on investment and from capital gains tax; (b) providing tax relief in the event of loss of investment; (c) providing tax relief for organizations or companies who have made equity investments in startups; (d) providing tax relief for investors who invest in startups that have three-quarters of their staff as local employees; or (e) providing creation of a special visa for foreign direct investment."
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"content": "(The new clause was read a First Time)"
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"speaker_name": "Hon. Martha Wangari",
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"content": " Mover."
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"speaker_name": "Aldai, UDA",
"speaker_title": "Hon. Marianne Kitany",
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"content": " Thank you, Hon. Temporary Chairlady. I beg to move that the new clause 27B be now read a Second Time. The justification is that the proposed amendment is aimed at attracting more investments for start-ups. Those investments are tax reliefs for start-ups for both the new investor and the organisations that are willing to invest in start-ups."
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"content": "(Question, that the new clause be read a Second Time, proposed)"
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"content": "(Question, that the new clause be read"
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"speaker_name": "Aldai, UDA",
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"content": "The electronic version of the Official Hansard Report is for informationpurposes only. A certified version of this Report can be obtained from the Hansard Editor."
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"content": "a Second Time, put and agreed to)"
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"content": "(Question, that the new clause be added to the Bill, put and agreed to)"
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