Aden Bare Duale

All parliamentary appearances

Entries 11971 to 11980 of 17810.

• 18 Jun 2015 in National Assembly: Most obliged. Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 2 be amended by deleting Subsection (2). Subsection (2)(1) of the Bill provides for the amendment of Section 45 of the Central Bank Act by doing the following:- By re-numbering the existing provisions as Subsection 1; By inserting the following new subsection immediately after Subsection 1; “Subject to Subsection 1(c), the Bank shall put in place mechanisms to enable the public to participate in Government securities through electronic means and lower minimum investment in nominations.” view
• 18 Jun 2015 in National Assembly: This provision, in the opinion of the President, is not necessary because the purpose can be achieved through administrative matters. The legal framework for the payment through electronic means is already in place through the National Payment System Act and the Kenya Information and Communication Act, 2013. In addition, the lowering of the minimum investment denominations is usually done administratively by the Central Bank of Kenya (CBK). Therefore, it does not need to be legislated in the opinion of the Executive and the President. So, the CBK is in the process of introducing Treasury Mobile Direct which is a system ... view
• 18 Jun 2015 in National Assembly: This Treasury Mobile Direct System will enable more retail investors to access the trading in Government fixed income securities. So, in the foregoing, the President has recommended that, that Clause 2 be deleted. As you said, if that clause is deleted, then we remain with the title. view
• 18 Jun 2015 in National Assembly: I beg to move that the Committee do report to the House its consideration of the Memorandum from His Excellency the President on Reservations to the Central Bank of Kenya (Amendment) Bill, (National Assembly Bill No.32 of 2014), and its approval thereof without amendment. view
• 18 Jun 2015 in National Assembly: Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 2 of the Bill be amended by- (a) deleting the expression “the 15th January, 2008” and substituting therefor the expression “the 1st January, 1993”; and (b) deleting the definition of “retired Deputy Prime Minister” In Clause 2, there is the definition of “retired Speaker” which has been brought on board by opening the date to 1st January. “Retired Speaker” means a person who has held the office of the Speaker of the National Assembly or the Senate at any time after January 2008. First, in the title, we have opened ... view
• 18 Jun 2015 in National Assembly: Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 3 of the Bill be amended by deleting the expression “the 15th January, 2008” and substituting therefor the expression “the 1st January, 1993”. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor. view
• 18 Jun 2015 in National Assembly: This amendment just seeks to open the bracket. You can imagine the immense work that the Hon. Speaker, Francis ole Kaparo did during the multi-party politics of 1992 to 1997 and 1997 to 2002. You can imagine what Hon. Moody Awori, our mzee, went through during the turbulence of the National Alliance Rainbow Coalition (NARC) Government. The spouse of our late Vice-President Wamalwa, if we open the bracket to 1993, will get 50 per cent of the retirement benefits. This is a very straightforward matter. I beg to move. view
• 18 Jun 2015 in National Assembly: Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 4 of the Bill be amended by adding the following new paragraph immediately after paragraph (c):- (c) has, since ceasing to hold office, held office in, or actively engaged in the activities of any political party: Provided that this provision shall not come into operation on the date of commencement of this Act. I know that this is a very controversial Clause. However, under Article 115 of the Constitution, the President is returning that Clause with that amendment. If I can take the Members through Clause 4--- Hon. Abass, this ... view
• 18 Jun 2015 in National Assembly: Let me finish. view
• 18 Jun 2015 in National Assembly: Hon. Temporary Deputy Chairman, if the President signs this Bill into law, Hon. Francis ole Kaparo must resign as the Chairman of the National Cohesion and Integration Commission. If my colleagues agree with me, Clause 4 should be amended by adding the following sub-clause --- view