Amos Kimunya

All parliamentary appearances

Entries 5651 to 5660 of 6175.

• 9 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to oppose the amendment firstly, on the understanding that what hon. Okemo is seeking to delete is not what is in Clause 75. Clause 75 is very clear. It is establishing the position of two Deputy Governors. So, what hon. Okemo was saying has already been passed by this House. Clause 75 is basically introducing a second Deputy Governor for better management of the Central Bank of Kenya. That has nothing to do with the Chairman. That also has nothing to do with the Monetary Policy Committee. So, Mr. Temporary Deputy Chairman, Sir, ... view
• 9 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, just before you put the Question, I think it is important that this House get things into proper perspective. This House has just amended the Central Bank Amendments Act this afternoon by passing Clauses 71 and 72, which refer to the CBK. So, there is no reason why we should say that we cannot amend the Central Bank Act now. What we need to know is exactly what we are amending it for. The issue we had in contention was about the Chairman but not in terms of the new structures of the CBK giving ... view
• 9 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to oppose the amendment, first, on the basis of technicality. This issue is not about the Finance Bill. An hon. Member cannot introduce a new clause to this Bill because this is not the Statute Law (Miscellaneous Amendment) Bill--- view
• 9 Oct 2007 in National Assembly: Thank you, Mr. Temporary Deputy Speaker, Sir. Be that as it may, I think it is important that we understand the import of what this amendment is seeking to do. It is covering people who serve for only up to three years. So, if you serve for four years or more, you will not be entitled to recovering your money, because the amendment provides that people who serve for three years and then leave employment are the only ones who are entitled to a refund of the amount. If somebody serves for 20 years and then retires, he will not ... view
• 9 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, it basically says that every occupational retirement benefits scheme shall ensure that a member leaving employment, or membership, after three years shall thereupon be entitled to a refund. The issue here is that we have heard the cries of people. People lose a job but before they get another job, they go to the NSSF, their retirements benefit scheme, and want to withdraw what they have been saving for their future. When they get that, they use it for their immediate needs such as school fees before they get another job. By the time they ... view
• 9 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to oppose; this does not find its place into the law for the reasons I explained during debate on its Second Reading. It is a bad clause which will interfere with a very good law. We will regret at some point when people will be looking around, because they have consumed all their money when they should have been working and by the time they attain the age of 55, there is no money available for them. This is against the background of our people, whom we know do not have a saving ... view
• 4 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, Clause 3 of the Bill be amended in paragraph (b) by deleting the words "thirty microns or less" appearing at the end of the proposed subsection (2) and substituting therefor the words "less than thirty microns". That is to reflect the agreement we had with the Departmental Committee on Finance, Planning and Trade. view
• 4 Oct 2007 in National Assembly: October 4, 2007 PARLIAMENTARY DEBATES 4383 view
• 4 Oct 2007 in National Assembly: Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, Clause 4 of the Bill be amended in the proposed subsection (5A) by adding the words "after consultation with the industry" immediately after the word "prescribed". That, again, is to reflect the understanding with the Committee. It wanted to include, within the law, "consultation with the industry". I know that the Committee was view
• 4 Oct 2007 in National Assembly: Mr. Temporary Deputy Speaker, Sir--- view