All parliamentary appearances
Entries 381 to 390 of 516.
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22 Nov 2018 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move: THAT, Clause 39 of the Bill be amended by deleting the phrase “section 35 and substituting therefor with the phrase “section 38”. The rationale is that we are seeking to correct a cross-referencing error. It refers to negotiated warehouse receipts, which is contained in Clause 34 and not Clause 35.
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22 Nov 2018 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move: THAT, Clause 41 of the Bill be amended— The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor.
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22 Nov 2018 in National Assembly:
(a) by deleting the words, “ in a case where endorsement is essential for negotiation” appearing in sub-clause (1);
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22 Nov 2018 in National Assembly:
(b) in sub-clause (2) by deleting the words “In a case where it is essential that a warehouse receipt should be endorsed before it is transferred, that” and substituting therefor the word “A” .
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22 Nov 2018 in National Assembly:
The rationale is that we are also seeking to clarify the right of a transferee of a negotiated warehouse receipt to have the same endorsed by the transferor and further provide that a negotiated warehouse receipt should be endorsed before it is transferred.
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22 Nov 2018 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:
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22 Nov 2018 in National Assembly:
THAT the Bill be amended by deleting Clause 43 and substituting thereof with the following new clause— Issuing of
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22 Nov 2018 in National Assembly:
43. A warehouse operator, or any officer, agent, or employee of a warehouse fraudulent operator, who issues or aids in issuing a receipt knowing the goods for which such receipt is warehouse receipts. issued have not been actually received by such warehouse operator, or are not under his actual control at the time of issuing such receipt, commits an offence and is liable on conviction to a term of imprisonment not exceeding ten years or a fine not exceeding ten million Kenya shillings, or to both.
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22 Nov 2018 in National Assembly:
The rationale is that the amendment seeks to increase the penalty for issuing of fraudulent warehouse receipts from imprisonment for a term not exceeding five years or a fine not exceeding Kshs1 million to imprisonment for a term not exceeding 10 years or a fine not exceeding Kshs10 million. This is basically to raise the punishment.
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22 Nov 2018 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:
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