All parliamentary appearances
Entries 5981 to 5990 of 6175.
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, the import of this clause was to help our youth and our agents to fit within a liberalized economy. What the law currently says is that an insurance agent cannot represent more than three underwriters. We are removing that law to give them an opportunity to represent as many as can appoint them. This amendment is seeking to deny our Kenyan youth that opportunity to excel by being appointed by more than three agents. This will be retrogressive. Mr. Temporary Deputy Chairman, Sir, I would beg that the House reconsiders that amendment and we go ...
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9 Nov 2006 in National Assembly:
3578 PARLIAMENTARY DEBATES November 9, 2006
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, once again, the import of this clause was to introduce cash and carry in the insurance industry. We have had instances where people pay their insurance premiums, which are retained by the insurance brokers and are not remitted to the insurance companies. The cost of insurance premiums was then kept high because of that risk. Mr. Temporary Deputy Chairman, Sir, since the introduction of this law during the Budget, we saw insurance companies bringing down their premiums, especially for the matatus . This law is already in operation, cash and carry is working very well ...
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, Clause 55 of the Bill be amended–-- (a) in paragraph (a)(i), by deleting all the words appearing immediately after the word "Chairman" in the proposed subsection (1)(a); (b) by deleting subclause (b) and inserting the following- (b) by deleting subsection (2) and substituting the following new subsection- (2) The Chairman, Governor and the directors referred to in subsection (1)(d) shall be appointed by the President on the recommendations of the Minister and shall hold office for a term of four years each, but shall be eligible for re-appointment for one ...
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, again, just for the record, the import of this is to improve the governance of our CBK. Right now, we are having problems because of the Acting Governor not being sure whether she can chair a meeting even to discuss herself. The concerns the Committee had, had been addressed in a series of amendments. I believe we had agreed on that. Just for the record I would like to say that Kenya was joining the nations of the world that have developed, including the latest, New Zealand, where they have exactly the same kind of ...
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9 Nov 2006 in National Assembly:
November 9, 2006 PARLIAMENTARY DEBATES 3581
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, in the absence of a Chairman of the CBK, then all the other clarifications of what the Chairman can or cannot do have been thrown away by this House.
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, the Bill be amended by deleting Clause 60. The import of this is to delete the clause related to the Sugar Development Levy.
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, the Bill be amended by deleting Clause 61. This clause also has to do with the Sugar Development Levy. This is basically to delete the 3582 PARLIAMENTARY DEBATES November 9, 2006 provision that the Kenya Sugar Board be restricted in the regulation of importation.
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9 Nov 2006 in National Assembly:
Mr. Temporary Deputy Chairman, Sir, I beg to move:- THAT, Clause 62 be amended by deleting subclause (b) and substituting therefor the following new subsection (1)- (1A) A person shall be qualified for appointment- (a) under subsection (1)(a) or (c), if the person is registered as an accountant under the Accountants Act; or, (b) under subsection (1)(b), if such a person has an advanced degree and professional experience in- (a) economics; (b) public finance; (c) public policy; (d) management; or, (e) accounting. Mr. Temporary Deputy Chairman, Sir, this is an amendment of Section 9 of the Government Financial Management Act. ...
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