Joseph Kirui Limo

All parliamentary appearances

Entries 911 to 920 of 2163.

• 6 Mar 2019 in National Assembly: Thank you very much, Hon. Speaker. Hon. Kamuren, in financial terms, I was issuing progressive numbers we call cumulative. So, the 82 was an addition up to yesterday. That is what I am made to understand. Hon. Kamket should be properly briefed that 82 cows have gone to his constituency. view
• 6 Mar 2019 in National Assembly: Thank you, Hon. Speaker. I know the excitement Members have. Cattle are very important. Hon. Moroto sometimes says that cattle rustling is not rustling, but going to collect vegetables for children, according to the Pokots. view
• 6 Mar 2019 in National Assembly: Hon. Speaker, an amendment was made to Section 33(c) of the Banking Act requiring the Central Bank of Kenya to prescribe regulations, conditions on deposits or withdrawal by customers in banks and other financial institutions. This amendment was made because the current guidelines have no legal basis. The intention was to give the guidelines the full force of the law in accordance with the Statutory Instruments Act and Article 94 of the Constitution, which states that this is the only House which makes laws including regulations. On 24th October 2018, Hon. Junet Mohammed requested for a Statement from the Departmental ... view
• 6 Mar 2019 in National Assembly: Hon. Members, of course, I had said clearly that we do not agree at all. 4. The effect of enacting Section 33(c) is to override other requirements on deposits and withdrawals that may be set by banks for their customers in terms and conditions. 5. The amendment will conflict with the Proceeds of Crime and Anti-money Laundering Act, 2009. We could not agree at all. In the meeting with the CBK, the Committee observed that: 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
• 6 Mar 2019 in National Assembly: 1. The petitioners were challenging the constitutional authority of Parliament in making laws whereas Article 94(5) grants this authority to Parliament as the only body that has powers to make provisions that have full force of the law. 2. The CBK Governor was reluctant to implement the law due to misconception that Parliament is against regulation of the banking industry. The CBK consequently has run campaigns depicting Parliament as anti-regulation, which is not true. In the same meeting, he kept on locking his mind to the fact that Parliament only wanted to give the regulations the full force of the ... view
• 28 Feb 2019 in National Assembly: Hon. Speaker, I beg to lay the following Paper on the Table of the House: Report of the Departmental Committee on Finance and National Planning on Consideration of the Public Finance Management (Amendment) Bill, 2017. view
• 28 Feb 2019 in National Assembly: Hon. Speaker, I beg to move that the Insurance (Amendment) Bill (National Assembly Bill No.21 of 2018) be now read a Third Time. I request Hon. Kandie to second. view
• 27 Feb 2019 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move: THAT, Clause 3 of the Bill be amended in the proposed New Section 5A by ─ (a) deleting subsection (1) and substituting therefor the following 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
• 27 Feb 2019 in National Assembly: Hon. Temporary Deputy Chairlady, I beg to move: THAT, Clause 3 of the Bill be amended in the proposed New Section 5A by ─ (a) deleting subsection (1) and substituting therefor the following 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
• 27 Feb 2019 in National Assembly: subsection─ (1) Where an insurer is part of a group, the Commissioner may direct the principal officer to provide any information necessary for effective group-wide supervision. (b) inserting the following subsection immediately after subsection (2) ─ (3) In this section, “group” means an entity carrying on any other business in addition to insurance business. The amendment is meant to ensure that the principal officer of an insurance group is duly authorised to provide information whenever required by the commissioner. This will bring order, so that at any time the commissioner is looking for information, he will not get it from ... view