Aden Bare Duale

All parliamentary appearances

Entries 1561 to 1570 of 17810.

• 22 Apr 2020 in National Assembly: THAT, the Schedule be amended by inserting the following new amendments to the law specified in the first column in the provisions specified in the second column, and in the manner specified in the third column- view
• 22 Apr 2020 in National Assembly: The Retirement Benefits Act, No.3 of 1997 38(1A) Insert the words “or to purchase a residential view
• 22 Apr 2020 in National Assembly: house” immediately after the words “mortgage loan”. view
• 22 Apr 2020 in National Assembly: This amendment is from the Government. I have no amendment. You know that I do not bring amendments. I want Members to listen to me. If they feel it is okay, then we will pass it. Before I go to the main justification, Hon. Temporary Deputy Chairman, allow me to use my spectacles. There is a restriction on the use of the retirement benefit scheme funds. The law only allows the use of the scheme fund to secure a mortgage loan. This amendment is proposed to allow the use of a percentage of funds for the purchase of a residential ... view
• 22 Apr 2020 in National Assembly: The Government realised that all this money that is in the banks is from pension funds where Kenyans put their money. Kenyans cannot access their money to buy a house. The law allows members of the retirement benefit schemes to use up to 60 per cent of the accumulated benefit as a security for mortgage. The intention of this provision is to allow Members to access cheaper mortgage. In order to use their contribution as a security, they have first to qualify for a mortgage. In order to qualify for a mortgage from a bank, the members of the retirement ... view
• 22 Apr 2020 in National Assembly: This is the whole thing. This money in the pension schemes is put in banks which tell pensioners to bring security and credit profile. We are telling them that they can withdraw their money and go and buy a house. view
• 22 Apr 2020 in National Assembly: 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
• 22 Apr 2020 in National Assembly: Hon. Members, I beg to move that the Committee doth report to the House its consideration of the Tax Laws (Amendment) Bill (No. 8 of 2020) and its approval thereof with amendments. view
• 22 Apr 2020 in National Assembly: 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
• 22 Apr 2020 in National Assembly: Hon. Temporary Deputy Speaker, I beg to move that the House doth agree with the Committee of the whole House in the said Report. view