All parliamentary appearances
Entries 961 to 970 of 2343.
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28 Oct 2014 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:- 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.
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28 Oct 2014 in National Assembly:
THAT Clause 45 be amended in sub-clause (2)- (a) deleting the word “at” appearing in paragraph (d) and substituting therefor the word “towards”; and (b) inserting the words, “as prescribed in regulations” immediately after the word “agreement” in paragraph (g). (c) deleting the words “responsibility to” and inserting the words “responsible investment for” in paragraph (f) Hon. Temporary Deputy Chairman, a lot of this is about cleaning up the clause.
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28 Oct 2014 in National Assembly:
( Question, that the words to be left out be
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28 Oct 2014 in National Assembly:
Hon. Temporary Deputy Speaker, I beg to move:- THAT clause 46 be amended− (a) in the marginal note by deleting the word “license” and substituting therefor the word “licence”; and (b) in sub-clause (3) by deleting the words “and prospecting companies” and substituting therefor the words “operations which shall be agreed with the holder at arm’s length” The first amendment is to deal with a typographical error while the other one is to deal with negotiations at arm’s length.
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28 Oct 2014 in National Assembly:
( Question, that the words to be left out
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28 Oct 2014 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:- 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.
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28 Oct 2014 in National Assembly:
THAT Clause 47 be amended by deleting sub-clauses (2), (3) and (4) and substituting therefor the following new sub-clauses — (2) A holder of a mining license whose planned capital expenditure exceeds the prescribed amount shall list at least twenty percent of its equity on a local stock exchange within four years after commencement of production. (3) The holder of a mining licence may apply in writing to the Cabinet Secretary to execute an equitable alternative mechanism that will allow the company to meet the requirement set in sub-clause (1) including an extension of time. (4) The Cabinet Secretary, may ...
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28 Oct 2014 in National Assembly:
Yes, we are providing, in consultation with the National Treasury, for extension of the period of four years for reasons that market conditions do not allow for a successful completion of the offering in the local stock exchange. However, we have further protected this by providing that they can offer and the Treasury can also offer alternative methods of offloading that 20 per cent. We are using the word “equitable” because we have learnt that in other countries where that offloading has taken place, they have ended up with a situation whereby an individual or a group of, The electronic ...
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28 Oct 2014 in National Assembly:
say, less than 10 people take all that local equity. So, we want to protect ourselves by providing that if they do not go to the stock exchange, the methodology should be equitable and that it would attract more people. So, if it is a group it is better
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28 Oct 2014 in National Assembly:
Thank you, hon. Temporary Deputy Chairman. Actually this is a typographical thing that we have dealt with before. So, the people in the Legal Department need to appreciate that they should not use the ‘s’ instead of the ‘c’.
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