Benjamin Kipkirui Langat

All parliamentary appearances

Entries 2161 to 2170 of 2560.

• 16 Oct 2013 in National Assembly: Finally, I want to propose amendments to Part VII titled “Relations with specified banks”. view
• 16 Oct 2013 in National Assembly: THAT, the heading of Part VII of the Central Bank of Kenya Act be amended by adding the following words immediately after the “specified banks” view
• 16 Oct 2013 in National Assembly: Yes, hon. Temporary Deputy Chairlady but before I move the amendments, I wish to withdraw all the words appearing under sub-paragraph (d), on page 362 of the Order Paper, reading “non-microfinance bank business” means” and replace them with another definition to read “non-microfinance bank business” means “microfinance business other than a microfinance bank business as defined under the Act” so as to make the amendment clearer than it currently is on the Order Paper. Therefore, subject to withdrawal of the words that I have just pointed out and replacing them with those that I have read out, I beg to ... view
• 16 Oct 2013 in National Assembly: (c) the employing of money held on deposit or on current account, or any part of the money, by lending, investment or in any other manner for the account and at the risk of the person so employing the money including the provision of short-term loans to small or micro enterprises or low income households and characterized by the use of collateral substitutes; and, (d) such other business activity as the Central Bank may prescribe “non- microfinance bank business” means microfinance business other than a microfinance bank business as defined under the Act, undertaken by a microfinance bank; (b) inserting ... view
• 16 Oct 2013 in National Assembly: Hon. Temporary Deputy Chairlady, Clause 2 basically provides for the definitions of the terminologies used in the Bill. We are now introducing new terminologies, in light of what I have told the House. Microfinance deposit taking institutions shall henceforth be called “microfinance banks”. So, we need to define what “microfinance bank” is. We have also given microfinance banks additional functions, example of which is opening current accounts for their customers. So, we also need to define “current account” because, previously, it was not there. We are also defining “microfinance bank business”, which appears in the proposed amendment. Since it is ... view
• 16 Oct 2013 in National Assembly: the effect of the amendment is basically to capture the new status of the microfinance institutions. view
• 16 Oct 2013 in National Assembly: Yes, hon. Temporary Deputy Chairlady. view
• 16 Oct 2013 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move that the Committee do report to the House its consideration of the Microfinance (Amendment) Bill (National Assembly Bill No.3 of 2013) and its approval thereof with amendments. view
• 16 Oct 2013 in National Assembly: Hon. Temporary Deputy Speaker, I beg to move that the House doth agree with the Committee in the said Report. view
• 16 Oct 2013 in National Assembly: Hon. Temporary Deputy Speaker, I beg to move that the Microfinance (Amendment) Bill, National Assembly Bill No.3 of 2013 be now read the Third Time. view