Aden Bare Duale

All parliamentary appearances

Entries 7611 to 7620 of 17810.

• 14 Jun 2017 in National Assembly: Before you make your decisions, let us understand each other. The Financial Reporting Centre (FRC) is an institution which the law permits to receive grants, donations and any other money on behalf of the Authority and make legitimate disbursement thereof. If you remove the word ―legitimate‖ then the money can be disbursed in a corrupt way. So, I beg the Vice-Chairman to leave it the way it is in the Bill. It makes sense that way. This is a critical Bill because the legislation herein will be used by investors. So, let us use the word ―legitimate‖. It is good ... view
• 14 Jun 2017 in National Assembly: On a point of order. view
• 14 Jun 2017 in National Assembly: On a point of order, Hon. Temporary Deputy Chairman. The National Treasury does not drop amendments but oppose at the Committee stage. Just to make it clear in the HANSARD because the Member has said dropped. view
• 14 Jun 2017 in National Assembly: Hon. Temporary Deputy Chairman, you have to help us. We are doing the very serious business of legislation and more so, establishing one of the first pieces of legislation. The Vice-Chair cannot just stand and say that he is just removing superfluous words. What is superfluous? He is deleting the word ―all‖ appearing immediately before the word ―proper‖. He is also deleting the word ―other‖ appearing immediately before the word ―records‖. Which word is superfluous? Is it the words ―records‖, ―proper‖ or ―all‖? The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this ... view
• 14 Jun 2017 in National Assembly: Hon. Temporary Deputy Chairman, you have to save us. The Vice-Chair is under obligation to explain to us what he or the Departmental Committee on Finance, Planning and Trade is amending. I have allowed him to get away with three amendments. But I will not allow you to do so on this one. You must explain to us - whether you speak in English or Swahili - and give reasons. Hon. Temporary Deputy Chairman, you must save us. Which word is superfluous? He says he is only removing superfluous words. view
• 14 Jun 2017 in National Assembly: Hon. Temporary Deputy Chairman, you have heard what Hon. Kaluma has said. He is asking why it is only the Jubilee Party in the House. I want to confirm that those of us in the House are sure of coming back. For you, you need to go and struggle with the independents. view
• 14 Jun 2017 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move: THAT, the Bill be amended by inserting the following new clause immediately after clause 32– view
• 14 Jun 2017 in National Assembly: Settlement of 32A. (1) Where there is a dispute between the Authority and an NIFC firm disputes . arising out of or in connection with the rights and benefits conferred by section 32, the dispute shall be settled by arbitration, and, unless otherwise agreed by the parties, by a sole arbitrator, to be appointed by the Registrar of the Nairobi Centre for International Arbitration and any award, order or determination of or by such arbitrator shall be final and binding on all parties. (2) The dispute referred to the arbitrator appointed by the Registrar under subsection (1) shall be administered ... view
• 14 Jun 2017 in National Assembly: Why am I introducing New Clause 32A? It provides for creation of a petitioning mechanism arising from the privileges which are bestowed by Clause 32A, which can be settled through arbitration as opposed to court processes. The reason is that court processes may be very slow, expensive and may lock out the necessary expertise. The leading financial markets in the world have institutions that are similar to what we are establishing. The London Financial Centre and the ones in Paris and Dubai have supportive systems of arbitration which are preferred more by many of the investors. view
• 14 Jun 2017 in National Assembly: We are doing this in order to attract foreign investors. As we have the court process, we are creating under Clause 32A, through the Ministry of Finance; that if a dispute can be resolved through arbitration outside the court system, it can be accepted. That is basically what this new clause is trying to do. view