George Gitonga Murugara

All parliamentary appearances

Entries 651 to 660 of 828.

• 21 Feb 2019 in National Assembly: I thank you, Hon. Speaker. view
• 21 Feb 2019 in National Assembly: Thank you, Hon. Speaker. This afternoon, we are defending the law. We are defending the Constitution. We are also defending what the statutes provide so that every institution and every person in Kenya abides by the law. Directives given by the CBK, whether prudential guidelines, letters, memos or whatever form they take, which have some force of law, must always be brought to this House for purposes of being approved and given that impetus so that they can work as the law. That is what Section 2 of the Statutory Instruments Act provides. Therefore, Members are this afternoon telling CBK ... view
• 21 Feb 2019 in National Assembly: Thank you, Hon. Speaker. This afternoon, we are defending the law. We are defending the Constitution. We are also defending what the statutes provide so that every institution and every person in Kenya abides by the law. Directives given by the CBK, whether prudential guidelines, letters, memos or whatever form they take, which have some force of law, must always be brought to this House for purposes of being approved and given that impetus so that they can work as the law. That is what Section 2 of the Statutory Instruments Act provides. Therefore, Members are this afternoon telling CBK ... view
• 21 Feb 2019 in National Assembly: which affect the way Kenyans operate their bank accounts, bring regulations here. That is illegal and must be frowned upon. In fact, I undertake as a Member of the Committee on Delegated Legislation to look at what the CBK is passing to other banks in form of declarations or whatever it is calling them. We will be requesting that they bring them here so that we look at them. If they are not prudent, or if they are not for the benefit of Kenyans, we will annul them. Thank you. view
• 21 Feb 2019 in National Assembly: which affect the way Kenyans operate their bank accounts, bring regulations here. That is illegal and must be frowned upon. In fact, I undertake as a Member of the Committee on Delegated Legislation to look at what the CBK is passing to other banks in form of declarations or whatever it is calling them. We will be requesting that they bring them here so that we look at them. If they are not prudent, or if they are not for the benefit of Kenyans, we will annul them. Thank you. view
• 14 Feb 2019 in National Assembly: Thank you, Hon. Speaker. I rise to support this timeous Bill that has been brought to ensure that the Insurance Act and the insurance industry are The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor. view
• 14 Feb 2019 in National Assembly: streamlined so that it complies with loss of contract and loss that pertains to indemnity in case of loss and damage that is insured. view
• 14 Feb 2019 in National Assembly: The Committee has done a good job, for which I commend them. I particularly agree with them on the proposed amendments and possibly others that are going to come to us during the Committee stage regarding the safeguarding of the intermediaries who are properly known as insurance brokers. Insurance contracts are quite intricate in that sometimes they involve three parties instead of two. A party may look upon either of the parties for settlement where there is a dispute. An insured may look at a broker for remedy. He may also look upon the insurer, while the broker will ordinarily ... view
• 14 Feb 2019 in National Assembly: ( Hon. view
• 14 Feb 2019 in National Assembly: It is also important that we have indices. They are going to set guidelines on compensating where a party has suffered a loss. In most cases today, we rely on quantifications of damage as the basis of values that are given to compensate parties that have suffered loss. view